Paramount, a parent company of CBS, filed a lawsuit filed by U.S. President Donald Trump in an October interview, the latest franchise for a media company that targets what he calls false or misleading coverage.
Paramount said we would pay $16 million to resolve the lawsuit and allocate the money to Trump's future presidential library rather than paying it directly or indirectly.
A company statement added: “The settlement does not include a statement of apology or regret.”
Trump filed a $10 billion U.S. lawsuit against CBS in October, accusing the network of appearing to edit an interview that aired 60 minutes At the time, Vice President and presidential candidate Kamala Harris “supports the Democratic sphere” in the election. In a revised complaint filed in February, Trump demanded $20 billion in compensation.
Trump, disagrees with interviews 60 minutes Bill Whitaker who saw Harris on the show during the campaign 60 minutes and Facing the country Earlier in the day.
CBS said each reply was in Harris' long answer to Whitaker, but was edited as simpler.
Paramount said it agrees, too 60 minutes An interview transcript with future U.S. presidential candidates will be released, but it will be revised according to legal or national security issues.
The lawsuit was filed in federal court in Texas. Trump said CBS's editors of the interview violated Texas' deceptive trade practices – Consumer Protection Act, which makes the use of false, misleading or deceptive behavior in business illegal.
The White House did not immediately respond to Reuters' request for comment. Edward A Paltzik is the attorney representing Trump in a civil lawsuit and cannot comment immediately.
A spokesperson for Paramount Chairman Shari Redstone was unable to comment.
2 high-profile CBS set out
Media advocacy groups say Trump's novel use of new laws in the news media may be a way to legally protect the press, and if they say what they know or should know is wrong, it's only liability for defamation to public figures.
CBS had previously said the lawsuit had “no advantages at all” and asked a judge to dismiss the case.
Bill Owens, the third executive producer in just 57 years of history 60 minutesresigned in April, saying he no longer felt that he had carried out the plan independently as he used to.
Wendy McMahon, CEO of CBS News, left the network in May and said in an email to employees: “It's obvious that the company and I don't agree with the way forward. Now is the time to move on and let the organization move on.” Like Owens, McMahon made it clear that she opposed a settlement with Trump
The settlement is a $8.4 billion merger with Paramount and Skydance Media, which will require FCC approval.
During last year’s campaign, Trump threatened to revoke CBS’s broadcast license.
The most important solution is the decision after Walt Disney-owned ABC News decided to resolve Trump's libel case. As part of the settlement, the deal went public on December 14, the network donated $15 million to Trump's presidential library and publicly apologized, and the comments from host George Stephanopoulos were inaccurate that Trump had been found to be responsible for the crime of rape.
This is also the second settlement between Facebook and Instagram's parent Meta platform, which said on January 29 that it has agreed to pay about $25 million in the United States to resolve a lawsuit Trump suspended his account after the January 6, 2021 attack on the U.S. Capitol.
Trump vowed to make more claims against the media.
On December 17, he filed a lawsuit against the Des Moines Rights newspaper and its former top poll, which published Nov. 2, suggests that Harris is three percentage points ahead of Trump in Iowa. The lawsuit seeks unspecified damages and orders unless the Des Moines Register participates in “ongoing deceptive and misleading behavior and practice” related to the voting.
The Des Moines Register representative said the organization's report was reported by its report and the lawsuit was unfounded.
