Trump Buys Full Miss Universe Ownership
When Donald Trump burst onto the scene, he made racially charged comments that led to several sponsors dropping his brand. Miss Universe, which was partially owned by NBC was one of the networks to quickly distance themselves from Trump.
NBC’s share of the Miss Universe Organization has now been bought out by Trump and all of the related lawsuits have been dropped.
The Hill reports:
Donald Trump has bought out NBC’s half of the Miss Universe Organization, the group that puts on the Miss Universe and Miss USA pageants, bringing an end to his months-long feud with the network.
“Just purchased NBC’s half of the Miss Universe Organization and settled all lawsuits against them,” Trump said on Twitter on Friday. “Now own 100% — stay tuned!”
An NBC spokesperson confirmed the transaction, according to CNN Money.
NBC severed all ties with Trump in June, canceling the pageants in the process, after the real estate mogul made controversial comments about illegal immigrants at his presidential campaign launch.
Trump responded by suing the network for a breach in contract.
Trump hosted “The Apprentice” and its spinoffs on NBC for over a decade.
Photo credit: NY Post.