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Paramount paid Trump $16M with its merger on the line

Yes, really. Here are the receipts.

What actually happened

In July 2025 Paramount paid Trump $16M over a 60 Minutes editing lawsuit while its $8B Skydance merger awaited FCC approval. Critics called it a payoff; senior CBS News leaders resigned, Colbert mocked it on air, and his show was later canceled.

The receipts

Paramount bends to Trump: 5 takeaways on '60 Minutes' settlement
The Hill

Paramount called the suit meritless and swore it had nothing to do with the merger — then wrote a $16 million check to the future presidential library anyway. What press-freedom groups say the precedent now means for every newsroom...

FCC approves Paramount Skydance merger after concessions
NPR

The FCC cleared the $8 billion sale after Skydance pledged an ombudsman and the end of DEI programs — and days after Colbert mocked the settlement on his own network. The lone dissenting commissioner's warning about what deals now require...

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