The high-stakes deal that came together this week resulted from months of back-and-forth among a constellation of power players with competing interests, including the president and mogul Shari Redstone.

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.

President Trump had sued over an interview with former Vice President Kamala Harris. The company needs federal approval for a multibillion-dollar sale.