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Jon Brodkin, writing for Ars Technica (“Paramount accused of bribery as it settles Trump lawsuit for $16 million”):
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.”
CBS News, reporting on its own demise as a trusted news source:
Under the agreement, $16 million will be allocated to Mr. Trump’s future presidential library and the plaintiffs’ fees and costs. Neither Mr. Trump nor his co-plantiff, Texas Rep. Ronny Jackson, will be directly paid as part of the settlement.
The settlement did not include an apology.
One thing Donald Trump is unquestionably good at is convincing others to pay him large sums of money to influence his behavior or to avoid harm he’s promised or implied.
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