Paramount has agreed to settle President Trump's lawsuit over a "60 Minutes" interview with Kamala Harris for $16 million, the company announced late Tuesday.

The news that Paramount Global will settle Donald Trump’s 60 Minutes lawsuit for $16 million certainly did not come as a shock to staffers at CBS News. For months, there has been a great deal of consternation and even resignation at the prospect of a settlement and the impact that it would have on the news division.

Former President Donald Trump has filed a lawsuit against CBS, accusing the network of defamation and manipulating his ’60 Minutes’ interview before the 2020 election. Trump’s legal team claims CBS distorted his words,