
A recent regulatory filing shows that conservative cable network Newsmax has agreed to pay $67 million to Dominion Voting Systems to resolve a defamation lawsuit — stemming from unfounded allegations that the 2020 presidential election was manipulated.
According to NBC News, this agreement prevents what had been anticipated as a prominent courtroom showdown.
According to a filing with the Securities and Exchange Commission, Newsmax and Dominion Voting Systems finalized the settlement on Friday.
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In their official release regarding the matter, Newsmax said they felt it was “critically important for the American people to hear both sides of the election disputes that arose in 2020.”
“We stand by our coverage as fair, balanced, and conducted within professional standards of journalism," Newsmax added.
Social media strongly reacted to the news.
Columnist Sophia Nelson wrote on the social platform X: "Another one bites the dust."
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Writer Amy McGrath wrote: "$67 million is not enough."
Podcaster Jim Stewartson wrote: "FUN FACT: On the board of NEWSMAX is the former US Attorney and Secretary of Labor Alex Acosta who gave Epstein his horrific plea deal. This may explain why this channel is the leading defender of Ghislaine Maxwell."
Mediaite editor-in-chief Aidan McLaughlin wrote: "Between this and the Smartmatic settlement, Trump's 2020 election claims have now cost Newsmax a total of $107 million."
An X user wrote: "Doesn't seem like nearly enough. These traitorous liars need to be fined so much they don't dare pull that s-- -- again."