Cable outlet Newsmax Media has paid $40 million to settle allegations it defamed Smartmatic by reporting false claims that the voting machine company helped rig the 2020 U.S. election for Joe Biden over Donald Trump, according to a regulatory filing. The companies settled privately last year, but the amount was disclosed in a Newsmax investor document dated March 7. A Smartmatic representative said in a statement the company could not discuss details of the deal but that it is looking forward to taking Fox News to trial over similar claims about its election coverage. Newsmax paid $40 million to settle defamation suit over 2020 election claims Everyone knows that Newsmax only spews propaganda so we are not surprised by this outcome. I do expect an update at the next Four Seasons press conference however
I would add that Newsmax is still the defendant in a pending lawsuit by Dominion Voting Systems, the company that entered into $787 million settlement with Fox News and that Fox News still has not settled the lawsuit against it filed by Smartmatic.