Paramount has agreed to pay $16 million to settle a lawsuit in which President Donald Trump alleged that an interview with Kamala Harris, his Democratic opponent for the presidency, that aired on CBS’ “60 Minutes” last year was deceptively edited.

Paramount told media outlets the money will go to Trump’s future presidential library, not to the president himself. It said the settlement did not involve an apology.

Paramount said it would pay $16 million to settle the lawsuit, with the money allocated to Donald Trump's future presidential library.