President Trump's settlement with Paramount for $16 million last week was helped across the finish line by an additional $16 million or more in "advertising," the president told reporters on Friday, nodding to a reported "side deal" with Skydance CEO David Ellison where CBS would run public service announcements for causes that are important to the president once a pending Skydance-Paramount merger is completed.

Trump claimed the settlement over his '60 Minutes' lawsuit is worth up to $35 million, when factoring in 'advertising.' Paramount denied the settlement includes PSAs.

CBS News parent Paramount Global has agreed to pay $16 million to resolve an extraordinary lawsuit filed by President Donald Trump over a “60 Minutes” news report last fall.