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Chris Cuomo Files $125M Arbitration Demand Against CNN

The report reveals that Cuomo isn’t only preparing for a financial battle with CNN, which over $125 million in cash, but one over his character and family drama too. 

Eduardo Razo

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When Chris Cuomo was fired in late 2021 by CNN, many were anticipating legal action on the part of the former anchor. Deadline reports that Cuomo has launched the official opening barrage. 

The report reveals that Cuomo isn’t only preparing for a financial battle with CNN, which over $125 million in cash, but one over his character and family drama too. 

“As a result of Turner’s indefensible choice to unceremoniously fire him, Cuomo has been damaged in countless ways,” states a demand for arbitration filed by Cuomo’s attorneys.

 “Cuomo has had his journalistic integrity unjustifiably smeared, making it difficult if not impossible for Cuomo to find similar work in the future and damaging him in amounts exceeding $125 million, which includes not only the remaining salary owed under the Agreement, but future wages lost as a result of CNN’s efforts to destroy his reputation in violation of the Agreement,” the filing adds. “Cuomo now seeks to recover the full measure of his damages against Turner and CNN.”

That $125 million battle between the anchor and network breaks down into “consequential damages” of no less than $110 million out of the apparent “Turner and CNN’s breach of the express terms of the Agreement.” 

When it comes to the added $15 million, it’s basically what Cuomo and his attorneys say remained due to him under his existing contract when he was sacked “effective immediately” on December 4 by then CNN president Zucker following claims of sexual misconduct made against the already-suspended host.

“It should by now be obvious that Chris Cuomo did not lie to CNN about helping his brother,” lawyer Bryan Freedman said. “In fact, as the limited information released from WarnerMedia’s investigation makes clear, CNN’s highest-level executives not only knew about Chris’s involvement in helping his brother but also actively assisted the Governor, both through Chris and directly themselves.”

“As CNN has admitted, network standards were changed in a calculated decision to boost ratings. When those practices were called into question, Chris was made the scapegoat. The legal action filed today makes clear that CNN wrongfully terminated Chris and further violated the express terms of his employment agreement by allowing its employees to disparage him. Chris is owed a full apology from those responsible.”

News Television

CNN Asks Florida Judge to Toss Out Donald Trump’s Defamation Suit

Trump filed the lawsuit against CNN because he accuses the network of defaming his character during the 2020 Presidential Election.

Eduardo Razo

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Former President Donald Trump filed a lawsuit against CNN in October; now, over a month later, the cable news channel is asking a judge in Florida to toss the case (h/t The Hill).

Trump filed the lawsuit against CNN because he accuses the network of defaming his character during the 2020 Presidential Election. Trump’s attorneys argued CNN “has sought to use its massive influence — purportedly as a ‘trusted’ news source.”

Additionally, Trump’s lawyer says that CNN attempted “to defame the Plaintiff in the minds of its viewers and readers for the purpose of defeating him politically, culminating in CNN claiming credit for ‘[getting] Trump out’ in the 2020 presidential election.”

CNN lawyers have pushed back against Trump’s claims saying that the former president “seeks to silence any criticism of Plaintiff’s debunked claim that the 2020 presidential election was ‘stolen.’”

“Any alleged association resulting therefrom are also ‘rhetorical hyperbole’ and ‘pure opinion’ under well-established principles of defamation law,” CNN’s lawyers added.

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News Television

Investor Cautions Over Possible Fox-News Corp. Merger

Irenic Capital, which owns about 2 percent of News Corp., has taken issue with its potential merger between Fox and News Corp.

Eduardo Razo

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Rumors have swirled over Fox and News Corp. possibly merging into one entity, but Irenic Capital, which owns about 2% of News Corp., has taken issue with its potential merger.

A merger would produce a more complicated company and turn off investors rather than increase the company’s lagging stock price, Irenic Capital stated in a letter to the News Corp. board.

“And even if such synergies do exist today, they would principally benefit Fox and reside in the News Media segment of News Corp,” Irenic Capital said (h/t Deadline). “For example, Fox Business may benefit from greater integration with The Wall Street Journal and some of Dow Jones’ other properties, but it is highly debatable whether the benefits from such an association flow both ways.

“Combining News Corp with Fox will result in a combined company that is obviously more complex than both companies left separate.” 

Irenic believes a unification would aid Fox far better than News Corp. and cautioned that the board has a fiduciary responsibility to investigate all possible routes to develop value beyond the one suggested by its primary shareholder.

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News Television

Fox News Lights All-American Christmas Tree

The event was hosted by Greg Gutfeld, Judge Jeanine Pirro, Dana Perino, Jessica Tarlov and Jesse Watters

Ryan Hedrick

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Fox News held its annual All-American Tree Lighting at FOX Square in New York, New York Monday during “The Five.” The event was hosted by Greg Gutfeld, Judge Jeanine Pirro, Dana Perino, Jessica Tarlov and Jesse Watters

In a release, the network said it partnered with the Police Athletic League (PAL) to host a toy drive benefiting New York City’s youth. The network also honored first responders by selecting representatives of the FDNY and NYPD to light this year’s tree.

Guests included FOX News personalities and their families along with first responders from the NYPD and FDNY, including members of NYPD Precinct 32, who lost Wilbert Mora and Jason Rivera this year, and members of EMS Station 49, who lost EMS captain Alison Russo earlier this year.

FOX’s All-American Christmas tree stands at 50 feet tall and is adorned by 12,000 ornaments and 340,000 lights. The tree has 500 branches, a star topper that is over six feet tall and more than four miles of cord wrapped throughout.  Made in America, the tree features a patriotic theme of red, white, and blue decorations.

“After a busy year in America, it’s nice to, let’s just take a step back and celebrate traditions like this and remember how important it is to come together and focus on what truly matters,” said co-host Dana Perino. “This tree is not just for us to enjoy. We want you watching at home to be able to come here and make Christmas memories with your family and friends and of course, your pets, too, of course, as you can imagine.”

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