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Paramount to Pay Trump $16 Million to Settle ‘60 Minutes’ Lawsuit
Paramount Global opted to write a big check to President Donald Trump rather than fight what it had called a 'meritless' lawsuit.
In a third case in which Trump is targeting a news outlet, the president on Monday (June 30) refiled a lawsuit against the Des Moines Register and pollster Ann Selzer in Iowa state court and simultaneously dropped his federal suit. On May 19, CBS News president Wendy McMahon announced her resignation, writing in a memo to staff “It’s become clear that the company and I do not agree on the path forward.” That came less than a month after “60 Minutes” executive producer Bill Owens quit, also citing conflicts with Paramount execs. The departures of McMahon and Owens have been widely viewed as stemming from Paramount executives — at the direction of Redstone — more closely monitoring CBS News operations amid the legal battle with Trump.
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