Paramount Global said late Tuesday that the company willl pay $16 million to President Donald Trump to settle a lawsuit tied to “60 Minutes,” betting that the payment will help the company’s fortunes and speed a planned deal with Skydance Media even if it risks tarnishing one of the media giant’s most storied brands.
Paramount said in a statement that it had agreed to pay $16 million to President Trump to settle his lawsuit accusing CBS‘ “60 Minutes” of deceptively editing an interview with then-presidential candidate Kamala Harris and misleading U.S. voters, even though both the company and legal experts had said that Trump’s position in the matter was
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