Newsmax agreed to pay Smartmatic $40M in settlement with the voting machine company

NewsMax agreed to pay $ 40 million SmartMatic as part of last year’s settlement after the voting technology company Calculation of the elections Against the right -wing news port, according to the introduction of a new organizational file.
The settlement, which was reached in September, included a cash payment and a choice for buying stocks in Newsmax, media company He said in his file. NewsMax said that the payments, which total $ 20 million have already been made, with the rest before July.
“The administration believes that the settlement with a smart will, taking into account the payment of all considerations in a timely manner, cancels the future legal expenses that the company expected to carry related to this lawsuit, which could have included legal procedures charged with appeal and other matters.”
Newsmax did not immediately respond to a request for comment Thursday night.
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Details of payments provide an insight into the secret settlement agreement that was not available to the public last year. 2021 The lawsuit focused On the wrong NewSmax allegations that Smartmatic machines manipulated the 2020 presidential elections in favor of Joe Biden. A deal was reached shortly before the case was appointed to the trial.
After the settlement last year, newsmax He said in a statement It “acknowledges that the court found that” allegations related to whether it is [2020 U.S. presidential election] Its results have been changed in some way or processed by Smartmatic are actually wrong/incorrect. “
Smartmatic A relevant defamation lawsuit was settled In April against Onerica News for a sum of public.
J. Erik Connolly, an external lawyer for Smartmatic, said in a statement on Thursday that the company is now focusing on a A similar case against Fox News.
“We look forward to providing our evidence to a jury, and finally they have the opportunity to hold Fox accountable for its harmful actions,” said Honoli.
Fox said it covered events with publication and people around the 2020 elections.
The parent company has arrived, Fox Corp. , To a settlement in 2023 to pay 787.5 million dollars To the Dominional Electoral Technology Company, voting systems to settle defamation claims.