Overview
- Newsmax disclosed in an SEC filing that it paid $27 million on Aug. 15 and will pay the remainder in installments through January 2027.
- Delaware Superior Court Judge Eric M. Davis had already ruled the statements about Dominion were false and defamatory, leaving actual malice and damages for a jury.
- Dominion said it was pleased to resolve the case, while Newsmax denied wrongdoing and said its 2020 coverage met professional standards.
- In statements about the settlement, Newsmax criticized the Delaware court as unfair and urged companies to reconsider incorporating in the state.
- The agreement adds to a broader legal reckoning over 2020 election falsehoods, following Fox News’s $787.5 million settlement with Dominion and Newsmax’s $40 million settlement with Smartmatic.