Donald Trump is boasting that his settlement payout from Paramount Global could be worth more than double the agreed cash amount once “advertising” is factored in.
“We did a deal for about $16 million plus $16 million, or maybe more than that, in advertising,” Trump told reporters at Joint Base Andrews in Maryland. “So it’s a combination of 16 plus 16 plus. So it’s like $32 [million] to maybe $35 million.”
The New York Post reported on July 2 that Paramount Global agreed, as part of its settlement in the president’s lawsuit against CBS’ 60 Minutes over an interview with former Vice President Kamala Harris, to run between $15 million and $20 million worth of pro-Trump ads across its networks once it is acquired by David Ellison’s Skydance Media.
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