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.
According to MSN.com, 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.