Newsmax settles with smartmatic.

[Salty Again]

... Why don't you look-about... Maybe the NY Times, CNN, or the AP
have a bit on this.

#### Salty

[eyecu2]

I suspect that Newsmax settled for somewhere between 350 and 400 million. It's a win for them and that they don't have to shell out over a billion dollars, and it's a win for smartmatic who is indeed facing allegations of bribery. However allegations have yet to be proven, and just like Trump allegations, they don't always stick.

[1blackman1]

Originally Posted by Salty Again

... NO - NO - NO... Salty IS NOT sayin' that Smartmatic
got $400 million from Newsmax.

What I'm sayin' is that Smartmatic was NOW asking for
A BILLION Dollars Less than before. ... Because of
the recent indictment and NOW Smartmatic was afraid
of going to Court.

So, ergo - the CONFIDENTIAL settlement.
That obviously was LESS than the $400 million asked for.
Maybe Newsmax didn't pay th--- Ooop! ... CONFIDENTIAL.

#### Salty

Total bullshit. They paid well over a hundred millionsl

[Salty Again]

Originally Posted by 1blackman1

Total bullshit. They paid well over a hundred millionsl

... Really? ... Well, YOU surely wouldn't know, as the
settlement is CONFIDENTIAL.

We CAN, however, reckon that the settlement was no doubt
somewhere between 0 (zero) and LESS THAN $400 million dollars.

... Not sure how that thinking is "bullshit"...

#### Salty

[SpeedRacerXXX]

Originally Posted by Salty Again

... Really? ... Well, YOU surely wouldn't know, as the
settlement is CONFIDENTIAL.

We CAN, however, reckon that the settlement was no doubt
somewhere between 0 (zero) and LESS THAN $400 million dollars.

... Not sure how that thinking is "bullshit"...

#### Salty

We do know that FOX News paid Dominion $787 million for defamation. And Dominion is seeking up to $1.6 billion from Newsmax for defamation.

My guess is that the number is closer to $400 million than zero.

[Lucas McCain]

Newsmax has a projected revenue of $181m in 2024. If Trump and his bullshit go away in November, so does probably at least half of that revenue for 2025.

Apparently providing clueless right-wing nuts with bullshit information is not so lucrative after all. My point is that whatever that settlement is, it was probably on the low end because they are hardly flush with cash, but they are going public so that will be a cash infusion from CFF.

https://invest.newsmax.com/pdf/Newsm...estor-2024.pdf

[txdot-guy]

Originally Posted by Lucas McCain

Newsmax has a projected revenue of $181m in 2024. If Trump and his bullshit go away in November, so does probably at least half of that revenue for 2025.

Apparently providing clueless right-wing nuts with bullshit information is not so lucrative after all. My point is that whatever that settlement is, it was probably on the low end because they are hardly flush with cash, but they are going public so that will be a cash infusion from CFF.

https://invest.newsmax.com/pdf/Newsm...estor-2024.pdf

Maybe they need to get the suit settled since they are attempting to go public in 2025.




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