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 move comes as a striking concession in a case that has been seen as a threat to bedrock American principles of free speech.Paramount Global, the parent company of CBS News, has agreed to pay $16 million to settle a legal dispute with President Donald Trump over the editing of a 60 Minutes interview with then-Vice President Kamala Harris last October.