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.

CBS News staffers are on edge after Paramount Global chose to settle a high-profile lawsuit with Donald Trump for Kamala Harris' 60 Minutes episode, leaving many questioning the integrity of the network.