Newsmax (NYSE: NMAX) has disclosed it has settled Dominion Voting Systems’ defamation lawsuit for $67 million, according to an SEC filing. The agreement resolves the case without a trial and staggers payments over three fiscal years, limiting near-term cash strain.
Under the deal, Newsmax paid $27 million on August 15, 2025, and will pay $20 million by January 15, 2026, and another $20 million by January 15, 2027.
The settlement follows an April ruling from Delaware Superior Court Judge Eric Davis that Newsmax broadcasted false and defamatory statements about Dominion’s role in the 2020 election. The court left questions of “actual malice” and damages for a jury but this settlement removes that trial risk.
Newsmax previously disclosed a $40 million settlement with Smartmatic earlier this year. Today’s agreement brings publicly known election-technology defamation payouts tied to Newsmax to at least $107 million.
For comparison, Dominion’s 2023 settlement with Fox Corp. totaled $787.5 million—an order of magnitude larger and a useful benchmark for the scale of potential exposure headline risk can create in US media.
After the April ruling, Dominion said it was “gratified by the Court’s thorough ruling,” while Newsmax maintained it “covered both sides of the 2020 election dispute fairly” and warned the case posed “a serious threat to free speech.”
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