The conservative cable news channel Newsmax will pay $67 million to settle a defamation lawsuit brought by the voting machine company Dominion over baseless claims that the 2020 presidential election was rigged, according to a new regulatory filing. The settlement averts what promised to be a high-profile trial.

Egregious lies about the 2020 presidential election are going to cost Newsmax $67 million. To avert a high-stakes trial, the right-wing cable channel has agreed to pay Dominion Voting Systems $27 million this month and another $40 million in the next two years.