Latest news with #mediaSettlement
Al Jazeera
2 days ago
- Business
- Al Jazeera
Paramount agrees to pay $16m to settle Trump lawsuit over CBS interview
United States media giant Paramount has agreed to pay $16m to settle a lawsuit filed by President Donald Trump over the editing of a 2024 interview aired by CBS, its subsidiary. The payout announced on Wednesday will go towards Trump's planned presidential library, with Paramount stating the funds would not be given to him 'directly or indirectly'. The case stems from a broadcast of 60 Minutes featuring then-Vice President Kamala Harris, which Trump alleged had been deceptively edited to benefit the Democratic Party before the 2024 election. Trump initially sought $10bn in damages, later raising the claim to $20bn. While CBS had described the lawsuit as 'completely without merit' and sought its dismissal, the case proceeded to mediation in April. 'The settlement does not include a statement of apology or regret,' the company statement added. As part of the settlement, 60 Minutes will begin releasing interview transcripts with future presidential candidates following their broadcast, except where legal or national security concerns apply. Trump had alleged that the edited Harris interview – in which her comments on Israel's war on Gaza appeared inconsistent – violated the Texas Deceptive Trade Practices-Consumer Protection Act, which makes it illegal to use false, misleading or deceptive acts in commerce. Legal analysts and press freedom groups have raised concerns over Trump's use of consumer protection laws against media outlets, warning it may be a tactic to sidestep constitutional protections afforded to journalists, who can only be held liable for defamation against public figures if they say something they knew or should have known was false. Neither the White House nor Trump's legal team has commented on the settlement. The settlement follows a decision by Disney-owned ABC News in December to settle a defamation suit with a $15m donation to Trump's library and issue a public apology over inaccurate on-air comments. In January, Meta – parent company of Facebook and Instagram – agreed to pay $25m to resolve a lawsuit over the suspension of Trump's accounts following the January 6 Capitol riot.
RNZ News
2 days ago
- Business
- RNZ News
Paramount settles with Trump over 60 Minutes interview for $16m
By Helen Coster and Jack Queen , Reuters US President Donald Trump, May 2025. Photo: AFP / Saul Loeb CBS parent company Paramount have settled a lawsuit filed by US President Donald Trump over an interview broadcast in October, the latest concession by a media company to a president who has targeted outlets over what he describes as false or misleading coverage. Paramount said on Wednesday (local time) that it would pay US$16 million to settle the suit, with the money allocated to Trump's future presidential library, and not paid to Trump "directly or indirectly." "The settlement does not include a statement of apology or regret," the company statement added. Trump filed a $10-billion lawsuit against CBS in October, alleging the network deceptively edited an interview that aired on its 60 Minutes news program with then-vice president and presidential candidate Kamala Harris to "tip the scales in favour of the Democratic Party" in the election. In an amended complaint filed in February, Trump bumped his claim for damages to $20b. CBS aired two versions of the Harris interview in which she appears to give different answers to the same question about the Israel-Hamas war, according to the lawsuit filed in federal court in Texas. CBS previously said the lawsuit was "completely without merit" and had asked a judge to dismiss the case. The White House did not immediately respond to a Reuters request for comment. Edward A. Paltzik, a lawyer representing Trump in the civil suit, could not be immediately reached for comment. Paramount said it also agreed that 60 Minutes would release transcripts of interviews with future US presidential candidates after they aired, subject to redactions as required for legal or national security concerns. A spokesperson for Paramount Chair Shari Redstone was unavailable for comment. The case entered mediation in April. Trump alleged CBS's editing of the interview violated the Texas Deceptive Trade Practices-Consumer Protection Act, which makes it illegal to use false, misleading or deceptive acts in commerce. Media advocacy groups said Trump's novel use of such laws against news outlets could be a way of circumventing legal protections for the press, which can only be held liable for defamation against public figures if they say something they knew or should have known was false. The settlement comes as Paramount prepares for an $8.4b merger with Skydance Media, which will require approval from the US Federal Communications Commission. On the campaign trail last year, Trump threatened to revoke CBS's broadcasting license if elected. He has repeatedly lashed out against the news media, often casting unfavourable coverage as "fake news." The Paramount settlement follows a decision by Walt Disney-owned ABC News to settle a defamation case brought by Trump. As part of that settlement, which was made public on 14 December, the network donated $15m to Trump's presidential library and publicly apologized for comments by anchor George Stephanopoulos, who inaccurately said Trump had been found liable for rape. It also follows a second settlement, by Facebook and Instagram parent company Meta Platforms, which on 29 January said it had agreed to pay about $25m to settle a lawsuit by Trump over the company's suspension of his accounts after the 6 January 2021 attack at the US Capitol. Trump has vowed to pursue more claims against the media. On 17 December, he filed a lawsuit against the Des Moines Register newspaper and its former top pollster over its poll published on 2 November that showed Harris leading Trump by three percentage points in Iowa. The lawsuit seeks unspecified damages and an order barring the Des Moines Register from engaging in "ongoing deceptive and misleading acts and practices" related to polling. A Des Moines Register representative said the organisation stands by its reporting and that the lawsuit was without merit. On 30 June, Trump dropped the federal lawsuit and refiled it in an Iowa state court. - Reuters
