CBS owner Paramount has reached a $16 million settlement with President Donald Trump over his claim that 60 Minutes deceptively manipulated a pre-election interview with Kamala Harris. Trump's lawsuit has been widely described as frivolous, but Paramount seemed motivated to settle because its pending $8.4 billion merger with Skydance needed regulatory approval from the Trump administration.
In a statement provided to Ars today, Paramount said it "has reached an agreement in principle to resolve the lawsuit filed by President Trump and Representative [Ronny] Jackson in the Northern District of Texas and a threatened defamation action concerning a separate 60 Minutes report."
Senator Elizabeth Warren (D-Mass.) called for a bribery investigation into Paramount. "With Paramount folding to Donald Trump at the same time the company needs his administration's approval for its billion-dollar merger, this could be bribery in plain sight," she said in a statement today. "Paramount has refused to provide answers to a congressional inquiry, so I'm calling for a full investigation into whether or not any anti-bribery laws were broken."
