Donald Trump settled a $500 million lawsuit against Univision over the organization’s decision to pull its broadcasts of the Miss USA and Miss Universe
pageants last year.
According to Reuters, Univision said it would not air
the pageants due to insulting remarks Trump made about Mexican immigrants at the time of announcing his Republican presidential candidacy.
Although terms of the settlement were not disclosed, it was announced just two days after Trump won the New Hampshire primary on Tuesday. The settlement
will likely boost his status as the GOP’s front-runner.
at the time of the filing, the Miss Universe franchise was jointly owned by the Trump Organization and NBCUniversal. Shortly after Univision’s decision to cut
ties, NBC followed suit. Trump bought out NBC’s share of the Miss Universe organization and sold it (in its entirety) to current owner, William Morris Endeavor Entertainment.
It’s reported that Trump’s lawyers argued that the GOP candidate’s comments shouldn’t have come as a surprise to the broadcast network.
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Both parties issued statements on the resolution:
“I have known Univision’s President and CEO, Randy Falco, for more than 20 years and I’m glad we are able to put these differences behind us,” Trump said.
“I have known Donald Trump for many years in both a personal and professional capacity and we are pleased to settle this matter and move forward,” Randy
Falco, Univision’s CEO, said.