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Paramount Pays $16 M, Affirms 60 Minutes Independence Amid CBS Cuts

6/11/2026

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Story summary
  • Paramount chief David Ellison told Lesley Stahl that 60 Minutes will stay editorially independent.
  • CBS News chief Bari Weiss fired seven staff members in late May 2026.
  • Paramount paid $16 million to settle U.S. President Donald Trump’s lawsuit over a Kamala Harris interview on 60 Minutes.
  • CBS News earned $362 million in ad revenue last year while 60 Minutes is valued at about $200 million.