Trump Secures $16M in Paramount Settlement

Former U.S. President Donald Trump revealed that CBS parent company, Paramount, disbursed $16 million as part of a legal settlement. The case was centered on a controversial interview with Kamala Harris that was aired by the network.

Paramount's settlement resolves a lawsuit Trump filed, which involved the widely broadcasted interview featuring former Vice President Harris. The settlement marks a notable resolution in the ongoing legal battle Trump initiated against media giants CBS, Paramount, and the '60 Minutes' program.

In a post on Truth Social, Trump celebrated what he termed a 'BIG AND IMPORTANT WIN,' announcing the imminent receipt of an additional $20 million from the network's new ownership.

(With inputs from agencies.)