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.

Paramount has agreed to pay $16 million to settle a lawsuit in which President Donald Trump alleged that an interview with Kamala Harris, his Democratic opponent for the presidency, that aired on CBS’ “60 Minutes” last year was deceptively edited.

Paramount Global reached a settlement with President Donald Trump over a lawsuit that alleged election interference by the company’s CBS news network when it showed two different versions of a 60 Minutes interview with then-Vice President Kamala Harris in October.