• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
Arts & EntertainmentSettlement

‘A big fat bribe’: Stephen Colbert and Jon Stewart’s fury at parent Paramount’s $16 million Trump settlement

By
David Bauder
David Bauder
and
The Associated Press
The Associated Press
Down Arrow Button Icon
By
David Bauder
David Bauder
and
The Associated Press
The Associated Press
Down Arrow Button Icon
July 16, 2025, 4:46 AM ET
Jon Stewart, left, posing for a photo outside the Department of Veterans Affairs, July 26, 2024, in Washington and Stephen Colbert being interviewed at The Vatican, June 14, 2024.
Jon Stewart, left, posing for a photo outside the Department of Veterans Affairs, July 26, 2024, in Washington and Stephen Colbert being interviewed at The Vatican, June 14, 2024. Kevin Wolf, Riccardo De Luca—AP

This isn’t a joke. They’ve made that clear.

Recommended Video

CBS “Late Show” host Stephen Colbert condemned parent company Paramount Global’s settlement of President Donald Trump’s lawsuit over a “60 Minutes” story as a “big fat bribe” during his first show back from a vacation.

Colbert followed “The Daily Show” host Jon Stewart’s attack of the deal one week earlier. Stewart works for Comedy Central, also owned by Paramount, making the two comics the most visible internal critics of the $16 million settlement that was announced on July 1.

Colbert’s “bribe” reference was to the pending sale of Paramount to Skydance Media, which needs Trump administration approval. Critics of the deal that ended Trump’s lawsuit over the newsmagazine’s editing of its interview last fall with Democratic presidential candidate Kamala Harris suggested it was primarily to clear a hurdle to that sale.

“I am offended,” Colbert said in his monologue Monday night. “I don’t know if anything — anything — will repair my trust in this company. But, just taking a stab at it, I’d say $16 million would help.”

He said the technical name in legal circles for the deal was “big fat bribe.”

Jon Stewart terms it ‘shameful’

Stewart began discussing the “shameful settlement” on his show a week earlier when he was “interrupted” by a fake Arby’s ad on the screen. “That’s why it was so wrong,” he said upon his “return.”

He discussed the deal in greater detail with the show’s guest, retired “60 Minutes” correspondent Steve Kroft, making his views clear through a series of leading questions.

“I would assume internally, this is devastating to the people who work in a place that pride themselves on contextual, good journalism?” Stewart asked.

“Devastating is a good word,” Kroft replied.

A handful of media reports in the past two weeks have speculated that Skydance boss David Ellison might try to curry favor with Trump by eliminating the comics’ jobs if the sale is approved. A representative for Ellison did not immediately return a message for comment on Tuesday.

It would be easier to get rid of Stewart, since he works one night a week at a network that no longer produces much original content. Colbert is the ratings leader in late-night broadcast television, however, and is a relentless Trump critic.

The antipathy is mutual. Trump called Colbert “a complete and total loser” in a Truth Social post last fall, suggesting CBS was wasting its money on him. “HE IS VERY BORING,” Trump wrote.

Colbert slips in a quip

Colbert alluded to reports about his job security in his monologue, pointing to the mustache he grew during his vacation. “OK, OK, but how are they going to put pressure on Stephen Colbert, if they can’t find him?” he joked.

Colbert and Stewart both earned Emmy nominations this week for outstanding talk series. Together with ABC’s Jimmy Kimmel, all three nominees are tough on Trump.

CBS News journalists have largely been quiet publicly since the settlement’s announcement. Two top executives, CBS News CEO Wendy McMahon and “60 Minutes” executive producer Bill Owens, both quit or were forced out prior to the settlement for making their dissatisfaction about the idea known internally.

Reporting about the settlement on the day it was announced, “CBS Evening News” anchor John Dickerson said viewers would have to decide on their own what it meant to them.

“Can you hold power to account after paying it millions?” Dickerson asked. “Can an audience trust you when it thinks you’ve traded away that trust? The audience will decide that. Our job is to show up to honor what we witness on behalf of the people.”

The Fortune 500 Innovation Forum will convene Fortune 500 executives, U.S. policy officials, top founders, and thought leaders to help define what’s next for the American economy, Nov. 16-17 in Detroit. Apply here.
About the Authors
By David Bauder
See full bioRight Arrow Button Icon
By The Associated Press
See full bioRight Arrow Button Icon

Latest in Arts & Entertainment

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Arts & Entertainment

tiger
LawDrugs
Tiger Woods says he’ll seek treatment for substance abuse after another DUI arrest
By Mike Schneider and The Associated PressApril 1, 2026
4 hours ago
Bobby Witt Jr. throws a baseball. He is standing in front of a FanDuel sign on a baseball field.
Bankinggambling
Credit card delinquencies among millennials and Gen Z have soared because of sports betting—even in states where it’s illegal, new Fed study finds
By Sasha RogelbergMarch 31, 2026
1 day ago
tiger
LawTiger Woods
Tiger Woods had pills in his pocket, bloodshot and glassy eyes, sheriff’s office says
By Mike Schneider and The Associated PressMarch 31, 2026
1 day ago
McCormick combines with Unilever’s food division and adds Hellmann’s and Knorr to its brands
Arts & EntertainmentUnilever
McCormick combines with Unilever’s food division and adds Hellmann’s and Knorr to its brands
By The Associated PressMarch 31, 2026
1 day ago
Blackstone bets on golfer Tommy Fleetwood to win over the world’s wealthiest investors
InvestingFinance
Blackstone bets on golfer Tommy Fleetwood to win over the world’s wealthiest investors
By Lee CliffordMarch 31, 2026
1 day ago
Art thieves nab three paintings by Renoir, Cezanne and Matisse in Italy
Europeart
Art thieves nab three paintings by Renoir, Cezanne and Matisse in Italy
By The Associated PressMarch 30, 2026
2 days ago

Most Popular

Jerome Powell says the $39 trillion national debt is ‘not unsustainable,’ but warns the trajectory ‘will not end well’
Economy
Jerome Powell says the $39 trillion national debt is ‘not unsustainable,’ but warns the trajectory ‘will not end well’
By Fortune EditorsMarch 30, 2026
2 days ago
Two-thirds of parents say their adult Gen Z kids still rely on them financially  for support—even though it's putting them under strain
Success
Two-thirds of parents say their adult Gen Z kids still rely on them financially  for support—even though it's putting them under strain
By Fortune EditorsMarch 31, 2026
1 day ago
Kevin O'Leary says if you earn $68,000 a year and follow this rule, you'll retire a millionaire
Personal Finance
Kevin O'Leary says if you earn $68,000 a year and follow this rule, you'll retire a millionaire
By Fortune EditorsMarch 31, 2026
1 day ago
A man used AI to call 3,000 Irish bartenders to track the cost of Guinness. Now pubs are lowering their prices to compete
AI
A man used AI to call 3,000 Irish bartenders to track the cost of Guinness. Now pubs are lowering their prices to compete
By Fortune EditorsMarch 30, 2026
2 days ago
Hiring just hit a level not seen since the economy was ‘closed down literally’ during COVID, top economist says
Economy
Hiring just hit a level not seen since the economy was ‘closed down literally’ during COVID, top economist says
By Fortune EditorsMarch 31, 2026
1 day ago
Markets cheer as Trump threatens to abandon Iran war, but Jamie Dimon sides with allies: ‘Win this thing and clean up the straits’
Energy
Markets cheer as Trump threatens to abandon Iran war, but Jamie Dimon sides with allies: ‘Win this thing and clean up the straits’
By Fortune EditorsMarch 31, 2026
1 day ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.