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New York Post
2 hours ago
- Business
- New York Post
Trump says he expects a total of $36M from CBS parent in ‘60 Minutes' settlement, confirming exclusive Post report
President Trump said he expects to receive a total of $36 million as a result of his lawsuit against CBS News over a '60 Minutes' interview with Kamala Harris — confirming an exclusive report by The Post. Trump, who reached a $16 million settlement with CBS parent Paramount from his lawsuit over the controversial '60 Minutes' interview, said he expects an additional $20 million in advertising and public service announcements from Skydance Media once it takes control of Paramount. 'This is another in a long line of VICTORIES over the Fake News Media, who we are holding to account for their widespread fraud and deceit.' Trump said in a social media post late Tuesday. 5 President Donald Trump says he expects an additional $20 million in advertising and public service announcements from Skydance Media. AP 'We also anticipate receiving $20 Million Dollars more from the new Owners, in Advertising, PSAs, or similar Programming, for a total of over $36 Million Dollars,' Trump wrote on his Truth Social account. Earlier this month, The Post's Charles Gasparino revealed that Skydance, the Hollywood production company behind 'Top Gun: Maverick' and multiple 'Mission: Impossible' installments, committed to airing public service ads tied to Trump-backed conservative causes in talks over settling his lawsuit against CBS's '60 Minutes.' The $20 million would come on top of the $16 million that current Paramount management agreed earlier this month to pay to settle Trump's suit alleging election interference by '60 Minutes.' CBS has previously said its settlement of the '60 Minutes' suit doesn't include any additional compensation, such as public-service announcements. Paramount and Skydance both declined to comment on Trump's latest social media post. A Paramount spokesperson referred The Post to its previous statement which read: 'Contrary to some news reports or media speculation, Paramount's settlement with President Trump does not include PSAs or anything related to PSAs.' 'Paramount has no knowledge of any promises or commitments made to President Trump other than those set forth in the settlement proposed by the mediator and accepted by the parties,' the spokesperson for the media conglomerate said. 5 Skydance Media is run by CEO David Ellison, the son of Oracle co-founder and Trump backer Larry Ellison. AFP via Getty Images Trump sued '60 Minutes' and CBS News last October, accusing the network of deceitfully editing an interview with Democratic presidential candidate Harris to make her sound better. CBS denied any wrongdoing or doctoring of her comments. The editing became an issue after CBS aired one version of Harris answering a question about Israel on 'Face the Nation,' and then aired what it called a more succinct version on '60 Minutes.' 5 Shari Redstone is controlling shareholder of Paramount Global, parent company of CBS. Variety via Getty Images The legal fight has unfolded as Skydance seeks Federal Communications Commission approval for its deal to acquire Paramount. Earlier this week, Sens. Elizabeth Warren (D-Mass.), Ron Wyden (D-Ore.) and Bernie Sanders (I-Vt.) wrote Skydance Chief Executive David Ellison seeking details about any arrangement with Trump beyond the settlement. 'Is there currently any arrangement under which you or Skydance will provide compensation, advertising, or promotional activities that in any way assist President Trump, his family, his presidential library, or other Administration officials?' the letter asked. 5 Trump settled with Paramount after suing subsidiary CBS over a '60 Minutes' interview with Kamala Harris. 60 Minutes / CBS People familiar with the companies' thinking told the Wall Street Journal that Paramount and Skydance are anticipating FCC approval before the end of summer now that the settlement has been reached. Last week Ellison met with FCC Chairman Brendan Carr and other senior officials. In a regulatory filing memorializing the meeting, Skydance said it discussed its 'commitment to unbiased journalism and its embrace of diverse viewpoints, principles that will ensure CBS's editorial decision-making reflects the varied ideological perspectives of American viewers.' 5 Paramount is set to merge with Skydance in a deal valued at $8 billion. Christopher Sadowski Gasparino reported earlier this month that once Ellison takes control of Paramount, the company's television properties will run between $15 million and $20 million of public service ads to promote causes supported by the president,' citing 'a source with knowledge of the negotiations.' 'There is an anticipation of a mid-eight-figure sum that will be allocated by the network to PSA advertisements and other broadcast transmissions that support conservative causes supported by President Trump,' the source told Gasparino. Paramount denied any knowledge of a 'side deal.' In a statement to On The Money, a spokesperson said that 'Paramount knows nothing about the alleged side deal between Trump\Ellison, had absolutely nothing to do with it, nor was it a part of what the board approved, and the mediator sanctioned.' The president also sued Disney's ABC for defamation and received $16 million and an apology after 'This Week' anchor George Stephanopolous misstated the facts surrounding a civil judgment against Trump.
The Advertiser
12 hours ago
- Business
- The Advertiser
Trump boasts about $25m Paramount payday
US President Donald Trump says CBS parent company Paramount has paid him $US16 million ($A25 million) as part of a lawsuit settlement. This month, Paramount agreed to settle a lawsuit filed by Trump claiming that the CBS news program 60 Minutes deceptively edited an interview with former vice president Kamala Harris that the network broadcast in October. Paramount needs approval from the Federal Communications Commission for its $US8.4 billion ($A12.9 billion) merger with Skydance Media. The FCC did not make a decision by the 180-day informal deadline in mid-May and FCC Chair Brendan Carr has denied Trump's lawsuit was a factor. Paramount declined comment. Trump and CBS formally agreed on Tuesday to the dismissal of his lawsuit, according to a court filing. "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," Trump said in a post on Truth Social. Skydance declined to comment on Trump's social media post. Skydance and its investors plan to acquire National Amusements, which holds the family's controlling stake in Paramount. Skydance will subsequently be merged into Paramount, with its CEO, David Ellison, becoming Paramount's next chief executive. The payment comes after CBS faced a barrage of criticism over its controversial decision to axe Stephen Colbert's Late Night talk show after he labelled Paramount's decision to pay the settlement to Trump a "big fat bribe". The New York Post previously reported Ellison, son of billionaire Oracle co-founder Larry Ellison, agreed to run up to $US20 million ($A31 million) in public service announcements to promote causes supported by the president. Following publication, Paramount issued a statement that its settlement with Trump "does not include PSAs or anything related to PSAs". Paramount also said it had no knowledge of any promises or commitments made to Trump other than those put forth by the mediator. US President Donald Trump says CBS parent company Paramount has paid him $US16 million ($A25 million) as part of a lawsuit settlement. This month, Paramount agreed to settle a lawsuit filed by Trump claiming that the CBS news program 60 Minutes deceptively edited an interview with former vice president Kamala Harris that the network broadcast in October. Paramount needs approval from the Federal Communications Commission for its $US8.4 billion ($A12.9 billion) merger with Skydance Media. The FCC did not make a decision by the 180-day informal deadline in mid-May and FCC Chair Brendan Carr has denied Trump's lawsuit was a factor. Paramount declined comment. Trump and CBS formally agreed on Tuesday to the dismissal of his lawsuit, according to a court filing. "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," Trump said in a post on Truth Social. Skydance declined to comment on Trump's social media post. Skydance and its investors plan to acquire National Amusements, which holds the family's controlling stake in Paramount. Skydance will subsequently be merged into Paramount, with its CEO, David Ellison, becoming Paramount's next chief executive. The payment comes after CBS faced a barrage of criticism over its controversial decision to axe Stephen Colbert's Late Night talk show after he labelled Paramount's decision to pay the settlement to Trump a "big fat bribe". The New York Post previously reported Ellison, son of billionaire Oracle co-founder Larry Ellison, agreed to run up to $US20 million ($A31 million) in public service announcements to promote causes supported by the president. Following publication, Paramount issued a statement that its settlement with Trump "does not include PSAs or anything related to PSAs". Paramount also said it had no knowledge of any promises or commitments made to Trump other than those put forth by the mediator. US President Donald Trump says CBS parent company Paramount has paid him $US16 million ($A25 million) as part of a lawsuit settlement. This month, Paramount agreed to settle a lawsuit filed by Trump claiming that the CBS news program 60 Minutes deceptively edited an interview with former vice president Kamala Harris that the network broadcast in October. Paramount needs approval from the Federal Communications Commission for its $US8.4 billion ($A12.9 billion) merger with Skydance Media. The FCC did not make a decision by the 180-day informal deadline in mid-May and FCC Chair Brendan Carr has denied Trump's lawsuit was a factor. Paramount declined comment. Trump and CBS formally agreed on Tuesday to the dismissal of his lawsuit, according to a court filing. "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," Trump said in a post on Truth Social. Skydance declined to comment on Trump's social media post. Skydance and its investors plan to acquire National Amusements, which holds the family's controlling stake in Paramount. Skydance will subsequently be merged into Paramount, with its CEO, David Ellison, becoming Paramount's next chief executive. The payment comes after CBS faced a barrage of criticism over its controversial decision to axe Stephen Colbert's Late Night talk show after he labelled Paramount's decision to pay the settlement to Trump a "big fat bribe". The New York Post previously reported Ellison, son of billionaire Oracle co-founder Larry Ellison, agreed to run up to $US20 million ($A31 million) in public service announcements to promote causes supported by the president. Following publication, Paramount issued a statement that its settlement with Trump "does not include PSAs or anything related to PSAs". Paramount also said it had no knowledge of any promises or commitments made to Trump other than those put forth by the mediator. US President Donald Trump says CBS parent company Paramount has paid him $US16 million ($A25 million) as part of a lawsuit settlement. This month, Paramount agreed to settle a lawsuit filed by Trump claiming that the CBS news program 60 Minutes deceptively edited an interview with former vice president Kamala Harris that the network broadcast in October. Paramount needs approval from the Federal Communications Commission for its $US8.4 billion ($A12.9 billion) merger with Skydance Media. The FCC did not make a decision by the 180-day informal deadline in mid-May and FCC Chair Brendan Carr has denied Trump's lawsuit was a factor. Paramount declined comment. Trump and CBS formally agreed on Tuesday to the dismissal of his lawsuit, according to a court filing. "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," Trump said in a post on Truth Social. Skydance declined to comment on Trump's social media post. Skydance and its investors plan to acquire National Amusements, which holds the family's controlling stake in Paramount. Skydance will subsequently be merged into Paramount, with its CEO, David Ellison, becoming Paramount's next chief executive. The payment comes after CBS faced a barrage of criticism over its controversial decision to axe Stephen Colbert's Late Night talk show after he labelled Paramount's decision to pay the settlement to Trump a "big fat bribe". The New York Post previously reported Ellison, son of billionaire Oracle co-founder Larry Ellison, agreed to run up to $US20 million ($A31 million) in public service announcements to promote causes supported by the president. Following publication, Paramount issued a statement that its settlement with Trump "does not include PSAs or anything related to PSAs". Paramount also said it had no knowledge of any promises or commitments made to Trump other than those put forth by the mediator.
Mint
12 hours ago
- Entertainment
- Mint
Jimmy Kimmel and Fallon ‘next to go', Donald Trump says as CBS axes Colbert's The Late Show
Jimmy Kimmel and Jimmy Fallon are, according to Donald Trump, the next casualties in what he's gleefully dubbed the 'Untalented Late Night Sweepstakes.' 'The word is, and it's a strong word at that, Jimmy Kimmel is NEXT to go in the untalented Late Night Sweepstakes and, shortly thereafter, Fallon will be gone. These are people with absolutely NO TALENT, who were paid Millions of Dollars for, in all cases, destroying what used to be GREAT Television. It's really good to see them go, and I hope I played a major part in it!' Jimmy Fallon hosts The Tonight Show on NBC while, Jimmy Kimmel hosts 'Jimmy Kimmel Live' which is broadcast on ABC. This comes just days after CBS confirmed it will retire The Late Show with Stephen Colbert in May 2026, ending a successful 10-year run that often made Donald Trump its favourite punchline. CBS insists the decision to axe Colbert's show is a financial one, unrelated to content or popularity. Still, Colbert's sharp political satire—frequently aimed at Trump—was a hallmark of the programme's success, making it one of the most-watched shows in US late-night TV. The network has confirmed there will be no replacement, with new episodes airing until the end of the current broadcast season. Colbert's farewell episode, which aired Monday night, was a glitzy send-off featuring fellow comedians John Oliver, Seth Meyers, Jon Stewart, and celebrities including Lin-Manuel Miranda, Weird Al Yankovic, Anderson Cooper, and Adam Sandler. Ever the provocateur, Stephen Colbert also took aim at the $16 million legal settlement paid to Trump over a 60 Minutes segment, calling it a, 'big fat bribe.' Donald Trump boasted about the CBS payout, calling it a 'BIG AND IMPORTANT WIN' in his battle against CBS, 60 Minutes, and parent company Paramount. He added: 'We also anticipate receiving $20 Million Dollars more... for a total of over $36 Million Dollars.' As Paramount seeks approval for its $8.4 billion merger with Skydance Media, late-night TV seems to be entering its most political—and satirical—season finale yet.
1News
14 hours ago
- Entertainment
- 1News
Colbert's explicit response to Trump following Late Show cancellation
US late-night host Stephen Colbert has told US President Donald Trump to "go f*** yourself" in his first appearance since CBS announced it would cancel The Late Show. The Late Show's cancellation came two days after he spoke out against Paramount Global, parent company of his network, CBS, for settling with President Donald Trump over a 60 Minutes story. The network claimed the move was, "purely a financial decision against a challenging backdrop in late-night". Stephen Colbert on The Late Show. (Source: Getty) In the days following the announcement, President Trump rejoiced on social media, saying he "absolutely loves that Colbert got fired". Trump said Colbert's "talent was even less than his ratings". ADVERTISEMENT In his Monday episode, the first since the show's cancellation was announced, Colbert declared, "the gloves are off", and said he would, "finally speak unvarnished truth to power and say what I really think about Donald Trump". Colbert has been a long-time critic of the President, dating back to before Trump took office and was then known as a reality show host. In his monologue, Colbert questioned CBS's justification for cancelling the show. 'How could it be a 'purely financial decision' if The Late Show is number one in ratings? It's confusing," he said. He cited reports claiming losses were somewhere between US$40 million (NZ$66 million) and US$50 million (NZ$83 million). Alluding to Paramount's settlement with Trump, Colbert said: "$40 million's a big number. I could see us losing $24 million, but where would Paramount have possibly spent the other $16 million? Oh yeah." ADVERTISEMENT The morning's headlines in 90 seconds, including Ozzy Osbourne dies, a worrying find on Rakiura Stewart Island, and new Coke coming. (Source: 1News) Responding to Trump's comments on social media, Colbert told the President to "go f*** yourself". Other late-night hosts and celebrities, including Anderson Cooper, Andy Cohen, Jimmy Fallon, Seth Meyers, Adam Sandler, Christopher McDonald, Jon Stewart, and John Oliver, were in the crowd during the show. A segment parodied the infamous "kiss cam" video that has gone viral on social media, panning to the guests. The pair hiding from the kiss cam was an animated version of Trump cuddling the Paramount logo.
Perth Now
14 hours ago
- Business
- Perth Now
Trump boasts about $25m Paramount payday
US President Donald Trump says CBS parent company Paramount has paid him $US16 million ($A25 million) as part of a lawsuit settlement. This month, Paramount agreed to settle a lawsuit filed by Trump claiming that the CBS news program 60 Minutes deceptively edited an interview with former vice president Kamala Harris that the network broadcast in October. Paramount needs approval from the Federal Communications Commission for its $US8.4 billion ($A12.9 billion) merger with Skydance Media. The FCC did not make a decision by the 180-day informal deadline in mid-May and FCC Chair Brendan Carr has denied Trump's lawsuit was a factor. Paramount declined comment. Trump and CBS formally agreed on Tuesday to the dismissal of his lawsuit, according to a court filing. "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," Trump said in a post on Truth Social. Skydance declined to comment on Trump's social media post. Skydance and its investors plan to acquire National Amusements, which holds the family's controlling stake in Paramount. Skydance will subsequently be merged into Paramount, with its CEO, David Ellison, becoming Paramount's next chief executive. The payment comes after CBS faced a barrage of criticism over its controversial decision to axe Stephen Colbert's Late Night talk show after he labelled Paramount's decision to pay the settlement to Trump a "big fat bribe". The New York Post previously reported Ellison, son of billionaire Oracle co-founder Larry Ellison, agreed to run up to $US20 million ($A31 million) in public service announcements to promote causes supported by the president. Following publication, Paramount issued a statement that its settlement with Trump "does not include PSAs or anything related to PSAs". Paramount also said it had no knowledge of any promises or commitments made to Trump other than those put forth by the mediator.
