Staff Reports
In a predictable move, the media company owned by former President Donald Trump has initiated legal action against 20 media outlets, alleging a coordinated effort to undermine the company and thwart its business prospects. The lawsuit contends that these media entities orchestrated an unprecedented and coordinated campaign to disseminate false information about Trump Media & Technology Group (TMTG) and Truth Social, asserting a fabricated loss of $73 million. According to the legal filing, this assertion is categorically dismissed as "fake news" and an "utter fabrication."
The contentious reports surfaced last week, coinciding with the ongoing merger between TMTG and Digital World Acquisition Corporation. The lawsuit underscores the significance of this merger in TMTG's strategic plans, as it aims to facilitate the company's transition to a publicly traded entity, providing access to crucial funds for investment and expansion. The media outlets implicated in the legal action, including Reuters, The Hollywood Reporter, and CNBC, among others, face allegations of defamation and injurious falsehood. The lawsuit seeks a jury trial and a substantial $1.5 billion in damages.
👏👏👏👏👏👏👏👏👏
Trump Media Company Hits 20 Media Outlets with $1.5 Billion LawsuitREAD: https://t.co/YScU6A4fpt
— Constitutionalist 💯 🇺🇲 (@Kc_Casey1) November 22, 2023
Some of the accused media outlets have taken steps to rectify or amend their reports subsequent to the lawsuit, acknowledging the inaccuracies. Nevertheless, certain entities such as The Guardian and Rolling Stone have refrained from issuing any corrections or updates. The unfolding of this legal battle remains uncertain, underscoring an ongoing and seemingly unending conflict between Trump and mainstream media outlets.
