[NY Post] Paramount Global and CBS agreed on Tuesday to pay President Donald Trump a sum that could reach north of $30 million to settle the president’s election interference lawsuit against the network. Trump will receive $16 million upfront. This will cover legal fees, costs of the case, and contributions to his future presidential library or charitable causes, to be determined at Trump’s discretion.
There is an anticipation that there will be another allocation in the mid-eight figures set aside for advertisements, public service announcements, or other similar transmissions, in support of conservative causes by the network in the future, Fox News Digital has learned.
With these considerations, CBS would pay well in excess of the $15 million ABC paid Trump to settle a defamation lawsuit last year. Current Paramount management disputes the additional allocation.
Sources close to the situation told Fox News Digital that CBS has agreed to update its editorial standards to install a mandatory new rule.
Going forward, the network will promptly release full, unedited transcripts of future presidential candidates’ interviews.
People involved in the settlement talks have referred to this as the “Trump Rule.”
“With this record settlement, President Donald J. Trump delivers another win for the American people as he, once again, holds the Fake News media accountable for their wrongdoing and deceit. CBS and Paramount Global realized the strength of this historic case and had no choice but to settle. President Trump will always ensure that no one gets away with lying to the American People as he continues on his singular mission to Make America Great Again,” a spokesperson for Trump’s legal team told Fox News Digital.