President Donald Trump confirmed on Tuesday that CBS News and Paramount Global paid $16 million to settle the “historic lawsuit” the president filed against them for interfering in the 2024 presidential election. Trump also revealed that he is expected to receive an additional $20 million in advertising and programming.
In a Tuesday statement on Truth Social, Trump wrote,”BREAKING NEWS! We have just achieved a BIG AND IMPORTANT WIN in our Historic Lawsuit against 60 Minutes, CBS, and Paramount. Just like ABC and George Slopadopoulos, CBS and its Corporate Owners knew that they defrauded the American People, and were desperate to settle.”
Trump explained that Paramount and CBS paid a $16 million settlement on Tuesday and claimed that he anticipates another $20 million in advertising and programming from the “new owners” of Paramount following the company’s merger with Skydance Media.
The 47th president described the settlement with CBS and Paramount as another victory in a “long line of VICTORIES over the Fake News Media, who we are holding to account for their widespread fraud and deceit.”
READ MORE: Video: CBS, Paramount forced to pay Trump $16 million in major settlement
Trump warned that The New York Times, The Wall Street Journal, CNN, MSNBC, The Washington Post, and “all other Mainstream Media Liars” have been put on notice that “the days of them being allowed to deceive the American People are OVER.”
The settlement with Paramount and CBS comes after Trump filed a $20 billion lawsuit against CBS News and accused the company of interfering in the 2024 presidential election by deceitfully editing an interview of former Vice President Kamala Harris on “60 Minutes.”
In a video promotion on CBS News’ “Face the Nation,” Harris gave a lengthy “word salad” answer regarding a question about Israeli Prime Minister Benjamin Netanyahu’s perceived hesitance to follow the advice of the Biden-Harris administration amid the war between Israel and Hamas; however, when CBS released the full interview ahead of the 2024 election, Harris gave a completely different answer.
In the video clip used to promote the CBS interview, Harris can be heard saying, “Well, Bill, the work that we have done has resulted in a number of movements in that region by Israel that were very much prompted by or a result of many things, including our advocacy for what needs to happen in the region.”
Meanwhile, in the edited version of the interview, Harris can be heard saying, “We are not gonna stop pursuing what is necessary for the United States to be clear about where we stand on the need for this war to end.”