Report: Nexstar fired reporter to avoid Trump defamation lawsuit
The dismissal was tied to an errant report on financial documents associated with Trump's social media company Truth Social, which triggered a deamation lawsuit.
Note the Allegations are directed at Nexstar owned outlet The Hill over citing figures for Truth Social at the time the allegations were made. However Nexstar has to deal with the FCC since they own stations like KTLA,WGN, KRON, WPHL, KOIN, WJW-TV, WBNX, KTXL Directly and provides news content agreements for Mission Broadcasting stations with WPIX-TV, WNAC, KSAN-TV. If Nexstar didn't settle then they would end up having their local TV station licenses questioned in the same way Disney, Paramount, and Comcast had to face when ever the same issues took place.
Markets & Stations – Mission Broadcasting, Inc.
How Nexstar dodged a Trump lawsuit
There’s good reason for the TV giant, which owns DC news site The Hill, to want to stay out of the president’s line of fire.
The saga began on Nov. 13, when several outlets inaccurately reported that Truth Social had lost $73 million that year. The figure, which the outlet initially attributed to SEC filings, was wrong: filings showed the company had lost $30 million since its launch. But in the scrum of digital media, 20 news outlets repeated the error. Among them was The Hill, the fast-twitch politics-focused digital media company purchased by Nexstar in 2021. In the span of about an hour, breaking news reporter Olafimihan Oshin wrote up and posted a brief article citing the Hollywood Reporter titled “Trump’s Truth Social has lost $73 million in less than 2 years, new filing says.” Truth Social quickly sued outlets that aggregated the story, including The Hill.
The case against 19 news outlets continues in a Florida district court. But on December 1, 2023, Truth Social dropped The Hill’s parent company, a giant in the local television business, from the lawsuit, noting that the companies had reached a settlement. Days later, The Hill fired Oshin.
One person with direct knowledge of the situation told Semafor that Nexstar, eager to avoid Trump’s wrath, had agreed to fire the reporter in exchange for being dropped from the case — which a spokesperson for Nexstar, Gary Weitman, denied.