Newsmax Shares Take a Jolly Little Leap (15% to Be Precise)
It seems that our friends at Newsmax, in a spirit of conciliation and with the grace of a man who’s just remembered to tip the footman, settled a lawsuit with Dominion Voting Systems. The matter in question-ah, the drama!-stemmed from Dominion’s 2021 accusation that Newsmax had made certain remarks about their operations that were, to put it kindly, “unflattering.” The sum of £67 million (or as the Americans prefer to call it, $67 million) was agreed upon, to be paid in installments over three fiscal years, much like a subscription to a particularly expensive tea club.