Paramount settles Trump’s ‘60 Minutes’ lawsuit with $16 million payout and no apology

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SOURCE:MSN- CBS News parent Paramount Global has agreed to pay $16 million to resolve an extraordinary lawsuit filed by President Donald Trump over a “60 Minutes” news report last fall.

The long-gestating and highly controversial settlement payment was announced by Paramount late Tuesday night.

Paramount said the $16 million sum “includes plaintiffs’ fees and costs,” and will not be paid to Trump directly, but instead will be allocated to Trump’s future presidential library — mirroring a settlement agreement that Disney’s ABC struck with Trump last December.

“The settlement does not include a statement of apology or regret,” Paramount specified.

The announcement also said that “in the future, ‘60 Minutes’ will release transcripts of interviews with eligible U.S. presidential candidates after such interviews have aired, subject to redactions as required for legal or national security concerns.”

Legal experts maintained that Trump’s suit was frivolous and that CBS was on solid ground to fight and win the case in court.

But corporate priorities trumped journalistic principles. Paramount has been trying for months to complete a lucrative merger with Skydance Media, and the deal requires approval from the Trump administration, in part because CBS owns local stations that are licensed by the government.

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3 COMMENTS

  1. The strongmen of the world triumph.
    Normally they are coward bullies, but become bolder and bolder as they see the control they have over the people.
    They have learnt their lessons well. He who controls the media controls the world. So what do they do? They just take them over with intimidation and threats.
    They control the people with sweet words and big money positions to get them to vote for them. Those they could not manipulate they berate and spread lying rumors about them.

    They use sugary words and glib promises of caring for the people’s welfare so they could get them to continue to vote for them.
    The lies they tell sound convincing and believable. Some see something for themselves in all that evil and corruption and line up for their share.

    But soon the people realize they were duped, lied to, and years of suffering and deception follow. And to survive, many of them just simply GIVE IN. SURRENDER. CAPITULATE.

    Yes, this is about Trump. Does it remind you of any other leader you know?

  2. It still amazes that a man so dumb, so uncouth, so uncultured, so unprincipled, so greedy, so immoral, so so many other things, could be head of the most powerful country in the world.

    But they deserve him. The mountain is about to blow.

    Maybe it is not too late for them to realize how good they had it and how they are about to lose it, and how it will feel when they lose it and no longer have it.

    Trump is the head scratcher of the century. He has shown mankind how petty, racist and intolerant of their fellow human being they are.

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