Trump Media Files Lawsuit Against 20 News Outlets for Defamation

On November 20, 2023, The Trump Media & Technology Group, which runs Truth Social, announced that it’s filing a lawsuit against 20 media organizations over allegedly false reports highlighting that the company had incurred tens of millions in losses. 

The suit was filed in the Florida state court in Sarasota County and calls attention to a recent series of news articles asserting the company had lost $73 million, a figure the company described as an “utter fabrication.”

Of the outlets targeted in the suit are Guardian News and Media, The Hollywood Reporter, the Miami Herald, Reuters, Rolling Stone, The Hill, Deadline Hollywood, Benzinga, MarketWatch, Forbes, Axios, The Daily Beast, Gizmodo, Salon, The New York Daily News, Newsweek, MSNBC Cable, Mediaite, The Daily Mail, and CNBC. 

The lawsuit went public after business hours, when comments from the media companies —  the defendants in this case — could not be obtained. 

“Each defendant, in apparent coordination, reported the exact same false number within approximately 24 hours of one another, each citing to a public Securities and Exchange Commission (‘SEC’)  filing, in which the mystery $73 million loss appears nowhere,” the suit asserted. 

TMTG argued that the outlets “deliberately or recklessly published false financial information to advance a preferred and coordinated narrative harmful  to TMTG.” In addition, Trump contended that the defendant organizations had actively worked to impede TMTG’s merger with Digital World Acquisition Corporation.

“TMTG intends to hold these reckless and malicious media outlets to account for their false reporting and for their seemingly coordinated effort to destroy TMTG and Truth Social,” the suit claimed, although the suit does not make an allegation for civil conspiracy.

TMTG additionally stated that it had informed the outlets of their mistake and pursued retractions, admitting that some outlets had made corrections or updates to their current articles, but that “none have retracted the defamatory articles, publicly apologized, or taken any other steps to ameliorate the continuing damage.”

In the case of The Hollywood Reporter, it posted a correction at the bottom of the article that said the following:

“This story has been updated to more accurately reflect TMTG’s net losses as disclosed on its balance sheet. An initial read of the Nov. 13 securities filing, since updated on Nov. 14, reported that Truth Social posted a $50 million loss in 2022, when in fact that figure was listed as a profit.”

The bobblehead media is doing everything possible to attack Trump and all of his business dealings. They want to prevent his re-election at all costs.

Trump and his allies must not back down against these threats.

Any form of submission or inaction against this constant barrage of attacks is asking for the ruling class to completely dominate political discourse in the US. 

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