Paramount Agrees to Pay $16 Million to Settle Trump Lawsuit, Reports Say
1. Paramount agrees to pay $16 million to Trump for a CBS interview lawsuit. 2. Trump originally sought $20 billion in damages for alleged deceit in editing. 3. Lawsuit viewed as an obstacle for Paramount's acquisition by Skydance. 4. Settlement to fund Trump's future presidential library after legal fees. 5. Paramount shares show slight premarket gains despite settlement announcement.