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 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.

President Trump had filed a $20 billion lawsuit claiming a '60 Minutes' interview with then-Vice President Kamala Harris was manipulated to show her in a flattering light. Trump alleged the news interview was "election-threatening.