Swing To Trade
  • Stock
  • Politics
  • Business
  • Sports
Business

YouTube to pay $24 million to settle Trump lawsuit

by admin October 1, 2025
October 1, 2025

YouTube said Monday it would settle a lawsuit brought by President Donald Trump for more than $24 million, adding to a growing list of settlements with tech and media companies that have amassed millions of dollars for Trump’s projects.

Trump sued after his YouTube account was banned in 2021. After the Jan. 6 riot, YouTube said content posted to Trump’s channel raised “concerns about the ongoing potential for violence.” His account was reinstated in 2023.

Monday’s settlement makes YouTube the last major tech platform to settle a lawsuit with Trump, who similarly sued Meta and Twitter for banning his accounts in the aftermath of Jan. 6. Meta, the owner of Facebook and Instagram, settled for $25 million, while Twitter, since renamed X, settled for about $10 million.

A notice of settlement for Trump’s lawsuit against YouTube details that $22 million of it will go toward building a new White House ballroom. Trump has touted that the addition will have room for 900 people, and the White House has said it could cost $200 million to build.

Other plaintiffs that joined Trump’s suit, such as the American Conservative Union and a number of other people, will get $2.5 million of the settlement.

In addition to tech companies, many major media outlets have settled lawsuits with Trump over the past year.

In July, Paramount Global settled with him for $16 million after he took issue with a “60 Minutes” interview with Kamala Harris that aired on CBS.

In December, Disney settled with Trump over a lawsuit in which he accused ABC and anchor George Stephanopoulos of defamation in an interview with Rep. Nancy Mace, R-S.C. Disney paid Trump’s future presidential library $15 million as part of the settlement.

Disney came under pressure from the administration again when it recently suspended “Jimmy Kimmel Live!” for nearly a week after two major station owners threatened to stop airing the show. One of the station owners, Nexstar, is seeking clearance from Trump’s Federal Communications Commission chairman for a $6.2 billion merger.

The other station owner, Sinclair, is reportedly considering a merger, which the FCC would also need to approve.

Trump is also suing The Wall Street Journal over its reporting about his friendship with Jeffrey Epstein, and he recently sued The New York Times for $15 billion. A judge struck down that lawsuit, though Trump could refile it.

This post appeared first on NBC NEWS

previous post
UiPath stock jumps 20% on four new AI partnerships
next post
Charlie Javice sentenced to 7 years in prison for fraudulent $175M sale of aid startup

Related Posts

Big Tech earnings test record stock market rally...

May 2, 2026

Trump briefed on options for Iran as energy...

May 2, 2026

Build-A-Bear recalls roughly 36,000 Heart-Warming Hugs Bears

May 2, 2026

Thermos recalls 8.2 million bottles after stoppers eject,...

May 2, 2026

The Onion’s bid to take over Alex Jones’...

May 2, 2026

What falling wage growth says about where the...

April 8, 2026

Savannah Guthrie returns to ‘TODAY’ amid search for...

April 7, 2026

U.S. added 178,000 jobs in March, reflecting resilient...

April 6, 2026

U.S. oil has its biggest one-day price increase...

April 6, 2026

Is America on the cusp of a farm...

April 6, 2026
Join The Exclusive Subscription Today And Get Premium Articles For Free

    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    Recent Posts

    • Micron stock surges 9%: how high can it go?

      May 4, 2026
    • Circle stock surges as CLARITY Act deal reshapes crypto yield

      May 4, 2026
    • Nebius shares jump 12% as $643M Eigen AI deal boosts inference ambitions

      May 4, 2026
    • Hostile takeover or ‘greenmail’: Cramer slams GameStop’s eBay bid

      May 4, 2026
    • Why are UPS, FedEx stocks falling today?

      May 4, 2026
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2026 SwingToTrade.com All Rights Reserved.

    Swing To Trade
    • Stock
    • Politics
    • Business
    • Sports