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Trump's Truth Social Sues Media Giants Over Earnings Claims

4/22/2025

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Summary

Story summary

Truth Social, owned by Donald Trump, has filed a defamation lawsuit against 20 media companies for inaccurate earnings reports, including a disputed $73 million loss.
Nexstar Media Group and The Hill were quickly dismissed from the lawsuit.
Nexstar is lobbying the FCC for deregulation to expand its local TV station ownership.
Recent layoffs at The Hill have sparked concerns over potential political bias in its reporting.

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Story summary

Truth Social, owned by Donald Trump, has filed a defamation lawsuit against 20 media companies for inaccurate earnings reports, including a disputed $73 million loss.
Nexstar Media Group and The Hill were quickly dismissed from the lawsuit.
Nexstar is lobbying the FCC for deregulation to expand its local TV station ownership.
Recent layoffs at The Hill have sparked concerns over potential political bias in its reporting.