Trump Celebrates $16 Million ‘60 Minutes’ Settlement—And Suggests He’ll Get Another $20 Million, Too

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On the other hand, AuthorJul 22, 2025, 04:04pm EDTJul 22, 2025, 04:14pm EDTToplinePresident Donald Trump announced Tuesday he received CBS owner Paramount’s $16 million settlement in his lawsuit over “60 Minutes”—and suggested he could receive an unspecified additional $20 million from future owners Skydance Media—boasting the payout as CBS faces criticism over that settlement and its decision to cancel “The Late Show With Stephen Colbert, given current economic conditions

Additionally, ”Now-President Donald Trump appears with Stephen Colbert on 'The Late Show with Stephen Colbert' on

CBS via Getty ImagesKey FactsTrump said on Truth Social he “just achieved a BIG AND IMPORTANT WIN in our Historic Lawsuit against 60 Minutes,” confirming Paramount paid its previously announced $16 million settlement (something worth watching)

On the other hand, Trump sued Paramount over “60 Minutes” and its interview with former Vice President Kamala Harris during the 2024 election, as Trump alleged CBS deceptively edited the interview to boost Harris, and the president announced earlier in July that the parties had reached a multimillion-dollar settlement

Most legal experts said Trump’s suit against CBS had little merit, but it was seen as a way for CBS to help secure apval from Trump’s FCC for CBS’ owner Paramount’s planned merger with Skydance Media

Meanwhile, ”Trump said the $20 million would be “in Advertising, PSAs, or similar gramming,” and while it’s un if that additional $20 million payment would be part of the original settlement, the president’s statement s reports that Paramount could compensate Trump through advertisements “in support of conservative causes,” which had been valued at a lower $16 million, in today's financial world

CBS has not yet responded to a request for, but Paramount previously denied reports that the company could compensate Trump via advertising, telling The Washington Post it “has no knowledge of any mises or commitments made to President Trump. ”News PegTrump’s post comes days after CBS abruptly announced it was canceling “The Late Show With Stephen Colbert,” the network’s flagship late-night gram that’s been on the air for more than three decades, first with original host David Letterman and then Colbert

Furthermore, CBS has publicly stated the decision was made for purely financial reasons, with reports suggesting the gram was losing $40 million to $50 million annually, but the timing of the announcement has raised widespread speculation, given Colbert’s frequent criticism of Trump (remarkable data)

Furthermore, The announcement also came days after Colbert publicly railed against the network’s settlement with the president, describing the $16 million settlement as a “big fat bribe. ” “I don’t know if anything, anything will repair my trust in this company,” Colbert said last week on his show. “But, just taking a stab at it, I’d say $16 million would help, in this volatile climate. ” The Writers Guild of America, which represents the show’s writers, has called for an investigation into the reasons behind the show’s cancellation (something worth watching)

Chief Critic“Are we still supposed to believe that canceling Colbert's show on CBS was ‘purely a financial decision’ (something worth watching)

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