Egregious lies about the 2020 presidential election are going to cost Newsmax $67 million.
To avert a high-stakes trial , the right-wing cable channel has agreed to pay Dominion Voting Systems $27 million this month and another $40 million in the next two years.
The settlement deal was struck last week and disclosed in a Newsmax financial filing on Monday.
“We are pleased to have settled this matter,” a Dominion spokesperson told CNN, declining to comment further.
There was no indication that Newsmax will offer any on-air apology or acknowledgment of its false claims about Dominion, a voting hardware and software company that became the target of many pro-Trump conspiracy theories about the 2020 presidential election.
The lawsuit was filed against Newsmax in August 2021, in the wake