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Paramount will pay $16 million to settle a lawsuit filed by Donald Trump over a 2024 60 Minutes interview with Kamala Harris that Trump alleged was deceptively edited, according to CNBC. The proposed agreement includes legal fees and allocates the remainder, excluding costs, to Trump’s future presidential library. Paramount said “60 Minutes” will begin releasing interview transcripts with presidential candidates after airing, with necessary redactions. No apology or admission of wrongdoing is part of the deal, according to the company. The news comes as Paramount works to finalize an $8 billion merger with Skydance Media. The company emphasized that the lawsuit is unrelated to the merger or the FCC approval process. Leadership changes at CBS News followed internal tensions around coverage and editorial independence.

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00:00It's Benzinga, bringing Wall Street to Main Street.
00:02Paramount will pay $16 million to settle a lawsuit filed by Donald Trump over a 2024
00:0760 Minutes interview with Kamala Harris that Trump alleged was deceptively edited,
00:11according to CNBC. The proposed agreement includes legal fees and allocates the remainder,
00:15excluding costs, to Trump's future presidential library. Paramount said 60 Minutes will begin
00:19releasing interview transcripts with presidential candidates after airing necessary redactions.
00:24No apology or admission of wrongdoing is part of the deal, according to the company.
00:28The news comes as Paramount works to finalize an $8 billion merger with Skydance Media.
00:33The company emphasized that the lawsuit is unrelated to the merger or the FCC approval process.
00:37Leadership changes at CBS News filed internal tensions around coverage and editorial independence.
00:42For all things money, visit Benzinga.com.

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