The Paramount Global logo, in this illustration. Skydance plans to merge with Paramount to form a company called New Paramount. Dado Ruvic/Illustration/Reuters
President Donald Trump says he will receive $20 million in ads and public service announcements from Skydance, the incoming owner of CBS, in his lawsuit against the network’s “60 Minutes” over its 2024 interview with then-Vice President and presidential candidate Kamala Harris. This is in addition to the $16 million he won for his future presidential library in a settlement with Paramount.
Trump announced the development in a July 22 post on X.
