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THE MONEY LEDGER · LEGAL SETTLEMENTS

ABC, Meta and Paramount settle Trump’s lawsuits

Edited by The Inner Circle LedgerLedger updated Sep 23, 2026
Status
Paid
Type
Legal settlements · Jul 1, 2025
Counterparty
ABC News (Disney), Meta Platforms, Paramount Global
Amount
$15 million, $25 million and $16 million, mostly directed to Trump’s presidential library
People
Donald Trump

WHAT THE RECORD SHOWS

None of the settlements included an apology from Paramount or Meta; ABC posted an editor’s note expressing regret. CBS News reported that two Florida nonprofits were set up for library donations; the second, the Donald J. Trump Presidential Library Foundation, lists Trump’s son Eric, son-in-law Michael Boulos and a lawyer who once represented Trump as its trustees.

RESPONSE

Paramount said the lawsuit was “completely separate from and unrelated to the Skydance transaction and the FCC approval process,” and co-CEO George Cheeks told shareholders that legal costs, the risk of an adverse judgment and possible business disruption were reasons to settle, NBC News reported. CBS News reported that Paramount had maintained the suit was without merit. ABC News said it was “pleased that the parties have reached an agreement to dismiss the lawsuit,” the Associated Press reported. Meta did not comment but confirmed the Wall Street Journal’s report of the settlement, which said Meta did not admit wrongdoing, Forbes reported.

Correction. An earlier version dated the Paramount settlement July 2, 2025, the date of the cited news reports. Paramount announced it late on July 1, 2025. Corrected September 18, 2026.

SOURCES

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