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

CBS' parent company will pay $16 million to President Trump over a “60 Minutes” episode aired last fall, during the closing weeks of the election

The money will go to Trump’s future presidential library, not to him directly, according to the agreement. Paramount will not apologize as part of the settlement.