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Investing.com -- Former U.S. President Donald Trump said Tuesday that Paramount, the parent company of CBS, has paid $16 million as part of a settlement related to a lawsuit over a televised interview with former Vice President Kamala Harris.
In a post on Truth Social, Trump announced: "We have just achieved a BIG AND IMPORTANT WIN in our Historic Lawsuit against 60 Minutes, CBS, and Paramount... Paramount/CBS/60 Minutes have today paid $16 Million Dollars in settlement, and we also anticipate receiving $20 Million Dollars more from the new Owners."
The settlement resolves a lawsuit filed by Trump against the network regarding an interview with Harris that CBS broadcast in October. Paramount agreed to settle the lawsuit earlier this month.
Trump indicated he expects to receive an additional $20 million from the new owners of the media company.
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