Donald Trump all but confirmed a report that he struck a “side deal” with the soon-to-be owners of Paramount over the 60 Minutes lawsuit, claiming that Skydance Media’s supposed promise to run public service ads in support of the president would place the settlement amount at roughly $35 million.
In a long-expected but still heavily denounced capitulation to the president, Paramount – which is finalizing an $8 billion mega-merger with Skydance that needs the Trump administration’s approval – agreed to pay Trump’s future presidential library $16 million (minus legal fees) to settle his lawsuit against CBS News that the network’s own lawyers called “meritless.”