Google-owned video streaming platform YouTube has agreed to cough up $24.5 million to settle a legal suit by President Donald Trump after his account was suspended following the January 6, 2021, attacks on the Capitol.

Court filings on Monday showed that Mr Trump will contribute $22 million out of the settlement fee to the Trust for the National Mall and the construction of a White House ballroom.

Other parties in the suit, writer Naomi Wolf and the American Conservative Union, will take the remaining $2.5 million of the settlement fee.

This multimillion-dollar settlement by Alphabet, the parent of Google, comes as another episode of media platforms coughing up huge sums, as Mr Trump wages legal battles against platforms that censored him.

Facebook’s parent company, Meta, had also agreed to pay $25 million to settle Mr Trump’s lawsuit over his 2021 suspension from their platform. Microblogging site X had also agreed to pay $10 million to settle Mr Trump’s lawsuit.

Similarly, ABC News had agreed to pay $15 million to Mr Trump’s presidential library as a settlement over a defamation suit against its anchor, George Stephanopoulos’ inaccurate assertion that the president had been found liable for raping writer E. Jean Carroll.

Another American news platform owned by Paramount, CBS, agreed to pay Mr Trump $16 million to settle a lawsuit over editing that distorted the “60 Minutes” news programme.