Paramount Global, the parent company of CBS, has agreed to a $16 million settlement in a lawsuit brought by former U.S. President Donald Trump over a controversial 2023 interview aired on the network’s 60 Minutes program. The settlement, confirmed Wednesday, marks yet another major media payout to Trump amid his ongoing legal battles with press organizations.

According to a company statement, the $16 million will be allocated to fund Trump’s future presidential library and will not be paid to him “directly or indirectly.” Paramount emphasized that the agreement includes no apology or admission of wrongdoing.

Trump originally filed a $10 billion lawsuit against CBS in October, accusing the network of manipulating an interview with then-Vice President Kamala Harris in a way that favored Democrats during the 2024 election cycle. He later amended the claim in February, seeking $20 billion in damages.

At the heart of the lawsuit was a segment in which Harris appeared to give contradictory responses to the same question about the Israel-Hamas conflict. Trump’s legal team alleged the interview was deceptively edited in violation of the Texas Deceptive Trade Practices-Consumer Protection Act, which prohibits misleading conduct in commerce.

CBS had previously dismissed the allegations as “completely without merit” and requested the court to throw out the case. The dispute entered formal mediation in April.

Legal experts and media watchdogs have raised concerns that Trump’s use of consumer protection laws against media outlets could be a strategic attempt to bypass press protections, which typically shield news organizations from defamation claims by public figures unless there’s proof of intentional falsehood.

The Paramount settlement comes at a pivotal time for the media company, which is pursuing an $8.4 billion merger with Skydance Media. The deal is subject to regulatory approval by the U.S. Federal Communications Commission.

Trump, who has long criticized mainstream media and branded unfavorable coverage as “fake news,” has pursued several high-profile lawsuits against media companies in recent years. While campaigning last year, he even threatened to revoke CBS’s broadcasting license if re-elected.

This latest settlement follows similar outcomes involving other media giants. In December, ABC News—owned by Disney—agreed to a $15 million settlement and issued a public apology for false comments made by anchor George Stephanopoulos, who incorrectly stated that Trump had been found liable for rape. That donation also went to Trump’s future presidential library.

In January, Meta Platforms—the parent company of Facebook and Instagram—reached a $25 million settlement with Trump over its suspension of his accounts following the January 6 Capitol riot.

Trump has pledged to continue challenging the media in court. In December, he filed a lawsuit against the Des Moines Register and a former pollster over a November 2 poll that showed Kamala Harris leading him by three points in Iowa. Though he initially filed the case in federal court, it was later refiled in Iowa state court.

The Des Moines Register has stood by its reporting and dismissed the lawsuit as baseless.