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.

Donald Trump has weighed in on CBS axing The Late Show with Stephen Colbert while taking aim at several other late-night hosts.It was announced yesterday that CBS will bring The Late Show to an end in May.

The move in Washington comes after Paramount agreed to pay $16 million, mostly to Trump's presidential library, to settle the president's personal lawsuit over '60 Minutes' edits. In May, Qatar donated a $400-million jetliner.

Fox News Digital breaks down how a "60 Minutes" editing decision of a Kamala Harris interview wound up turning into a lofty lawsuit settlement with President Trump.

The CBS late night host breaks his silence on his parent company's deal that was announced during his vacation