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 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.

LOS ANGELES, CALIFORNIA (Reuters) -Paramount Global's settlement of the "60 Minutes" lawsuit filed by U.S. President Donald Trump provoked condemnation on Wednesday from CBS News current and former employees,