Newsmax Defamation Case Proceeds to Trial in Delaware
The defamation case pitting Newsmax against Dominion Voting systems is heading to trial in Delaware. Judge Eric M. Davis handed down a ruling on on Wednesday that set the start date for April 28.
A Delaware jury will now determine whether Newsmax acted with malice in its coverage of Dominion's role in the 2020 presidential election, which falsely alleged that the company rigged votes.
'Newsmax covered both sides of the 2020 election dispute fairly,' the network told TVNewser in a statement. 'At no time did it defame Dominion. This case represents a serious threat to free speech and a free press,, and Newsmax will defend itself vigorously at trial.'
In his ruling, Judge Davis acknowledged that segments that aired on Newsmax presented inaccurate information about Dominion. '[Those segments] would likely cause reasonable viewers to think significantly less favorably about Dominion than if the viewers knew the truth,' he wrote.
But the ruling stopped short of finding the network guilty of defamation. Instead, that will be left up to the jury.
Newsmax issued an on-air clarification about its coverage in December 2020 that also included Smartmatic, which brought its own $40 million lawsuit against the network. The two sides reached a settlement in March.
Judge Davis used the 2020 clarification as further proof the network 'acknowledged the falsity' of its reports regarding Dominion's role in the election.
Dominion settled a separate defamation suit with Fox News in 2023 for $787.5 million just as its trial against the network was set to begin.
Meanwhile, Newsmax also announced that it has re-signed anchor Greta Van Susteren to a multi-year extension as host of The Record with Greta Van Susteren, which airs weekdays at 6 p.m. ET. The network also enjoyed a stellar debut at the New York Stock Exchange.
'I am grateful to Newsmax for the opportunity afforded me and look forward to continuing to deliver a straight and honest look at the day's news for my audience,' Susteren said in a statement.

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


The Hill
3 hours ago
- The Hill
Wall Street Journal slams Vance's foreign student stance as ‘false choice'
The Wall Street Journal's editorial board on Friday slammed recent comments by Vice President Vance on foreign students as a 'false choice' amid tensions between the Trump administration and higher education institutions. In an interview on Newsmax's 'Greg Kelly Reports' late last month, Vance said that an 'idea that American citizens don't have the talent to do great things, that you have to import a foreign class of servants and professors to do these things, I just reject that.' The Journal noted Vance's comments in a Friday opinion piece, alongside other comments in which he said 'we invest in our own people' and that he believes 'that's actually an opportunity for American citizens to really flourish' when it comes to international student visa restrictions. 'This is a classic false choice. Of course the U.S. has talent and should invest in it. But welcoming foreign students doesn't hinder Americans,' the editorial board said in their piece. 'The cold, hard numbers show that too few Americans are pursuing STEM fields to meet the future needs of business and government. Of all U.S. bachelor's degrees, biology and engineering fields make up about 13%,' they added. Earlier this week, limits were placed on foreign student visas at Harvard University by President Trump. 'Admission into the United States to attend, conduct research, or teach at our Nation's institutions of higher education is a privilege granted by our Government, not a guarantee,' Trump said in a Wednesday proclamation restricting the visas. In recent months, the Trump administration has targeted multiple higher education institutions over alleged inaction on campus antisemitism and policies around transgender athletes. 'Does the Trump Administration want to stop illegal immigration, or nearly all legal immigration, including foreign students? The evidence is growing that it wants the latter, which will sharply reduce the human capital the U.S. needs to prosper,' the Journal editorial board wrote. The Hill has reached out to Vance's office for comment.


Newsweek
4 hours ago
- Newsweek
NASCAR Teases Imminent Major Announcement Ahead Of Michigan Cup Race
Based on facts, either observed and verified firsthand by the reporter, or reported and verified from knowledgeable sources. Newsweek AI is in beta. Translations may contain inaccuracies—please refer to the original content. NASCAR has confirmed that a major partner announcement will be made today at the Michigan International Speedway at 1 p.m. ET. The announcement comes during the NASCAR Truck and Cup Series race weekend in Michigan and will be made ahead of the Cup Series FireKeepers Casino 400, which begins at 2 p.m. ET. It stated in a media alert that, "A major NASCAR partner announcement will be made on the pre-race stage at Michigan International Speedway for fans and media in attendance." #NASCAR will announce a new major partner on the pre-race stage tomorrow at 1 PM ET before the FireKeepers Casino 400 at Michigan. Hmm... What could it be? 😂 — Toby Christie (@Toby_Christie) June 7, 2025 Although it has not been confirmed what the announcement will be, many expect it to be to confirm the return of Dodge RAM as a manufacturer to the Craftsman Truck Series. Stewart Friesen, driver of the #52 Halmar International Toyota, celebrates with a burnout after winning the NASCAR Craftsman Truck Series DQS Solutions & Staffing 250 Powered by Precision Vehicle Logistics at Michigan International Speedway on... Stewart Friesen, driver of the #52 Halmar International Toyota, celebrates with a burnout after winning the NASCAR Craftsman Truck Series DQS Solutions & Staffing 250 Powered by Precision Vehicle Logistics at Michigan International Speedway on June 07, 2025 in Brooklyn, Michigan. MoreIf the iconic American car brand returns to the sport, it will be the first time a RAM has raced in the Truck Series since 2016. Commissioner of NASCAR Steve Phelps previously explained to Sports Business Journal: "We are having robust discussions with a number of [original equipment] partners that someday, if I had to guess and were a betting man, something is going to hit. "I just don't know with whom or the timing of that. I know that's an answer I've given repeatedly over the last five years, but they're facts. There's no BS in the comment I just made." If this is true, Dodge RAM would join Toyota, Chevrolet, and Ford as the fourth OEM in the racing series. On top of the rumors of Dodge returning to the Truck Series, there is also speculation that YouTuber turned racer Cleetus McFarland (Garrett Mitchell) could be racing with the team. NASCAR Cup Series FireKeepers Casino 400: Starting Grid
Yahoo
16 hours ago
- Yahoo
Newsmax Stock Is Set to Join the U.S. Small-Cap Russell 2000 Index in Less Than a Month. Time to Buy?
Newsmax stock has steadily declined since a brief surge after its IPO. The stock trades at a premium valuation. It's delivering solid growth, but traditional media has been a challenging industry for investors. 10 stocks we like better than Newsmax › Newsmax (NYSE: NMAX) has only been a publicly traded company for a couple of months, but it's stuffed a lot of excitement into a short period of time. After pricing its shares at $10 on March 31, the stock skyrocketed to $233 over a two-day trading frenzy before plunging back down to earth. A limited float, high demand, interest in a conservative media brand, and the meme stock effect all combined to send the stock briefly soaring. Since then, Newsmax has gradually declined, closing at $18.09 a share on June 4, though that's still up more than 80% from its IPO price. However, Newsmax shareholders did get some good news recently. The stock is set to join the small-cap Russell 2000 index at the end of the month, meaning that exchange-traded funds (ETFs) that track the index will have to buy shares of Newsmax, which should help boost the stock price. With Newsmax getting some recognition from the best-known small-cap index, it's a good time to ask if the stock is worth buying. Here's what you need to know about Newsmax. IPOs for traditional media companies aren't particularly common in the current era, but Newsmax seemed to see an opportunity to capitalize on interest in conservative media brands in the wake of President Donald Trump's election, and it has so far paid off. In addition to the core broadcasting business, which includes two linear cable channels and a streaming channel, Newsmax also has a digital business, Humanix Publishing, that includes a print and e-book publishing house; Medix Health, which sells 22 nutraceutical products aimed at Newsmax's demographic; an advertising and media strategy business; and an insurance agency, Crown Atlantic Insurance, that primarily sells life insurance and retirement solutions like annuities. As a business, Newsmax's growth has been surprisingly strong; total revenue rose 26% last year to $171 million. Advertising revenue, which makes up the majority of its revenue, was essentially flat, but revenue from affiliate fees surged due to new contractual relationships that began in late 2023. On an adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) basis, it flipped a $10.4 million loss in 2023 to a $10.3 million profit in 2024, due to strong performance in the broadcasting division. Newsmax is now the fourth-highest-rated cable news channel in the U.S., and had 33.6 million viewers in the first quarter. Revenue rose 12% in the first quarter to $45.3 million. Newsmax aims to grow in a number of ways, including expanding the Newsmax audience, growing its premium content to build its subscription business, and expanding its television and digital offerings. Even with some impressive audience growth numbers, including a 50% jump in viewers in the first quarter, traditional television media is a tough sell in this day and age, and Newsmax seems destined to fight an uphill battle even if the political climate remains favorable. For example, viewership could have jumped in the first quarter due to the inauguration or interest in Trump. Investors shouldn't assume that that growth rate is sustainable over the long term. The company's lack of a generally accepted accounting principles (GAAP) profit is also concerning; it lost $72.2 million last year, though that was due in part to a one-time net costs increase of $53 million related to legal fees for the settlement of the Smartmatic lawsuit. In the first quarter, it lost $17.2 million. Additionally, the timing of the IPO, when there was considerable interest in Trump and related businesses, won't help the business over the long term. Overall, Newsmax could be successful despite the larger media industry headwinds, but the stock isn't even an attractive value right now, trading at a price-to-sales ratio of 14. At a better valuation and with a GAAP profit, Newsmax might be worth taking a small position in. While gaining admission into the Russell 2000 is a step in the right direction, it's not enough to make the stock a buy. Before you buy stock in Newsmax, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Newsmax wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $669,517!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $868,615!* Now, it's worth noting Stock Advisor's total average return is 792% — a market-crushing outperformance compared to 171% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 2, 2025 Jeremy Bowman has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Newsmax Stock Is Set to Join the U.S. Small-Cap Russell 2000 Index in Less Than a Month. Time to Buy? was originally published by The Motley Fool