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Trump Buys Out NBC ‘Miss Universe’ Share

Presidential candidate Donald Trump said Friday he has settled his lawsuit with NBCUniversal over the Miss Universe pageant and has bought out NBC’s share of the franchise.

Trump, in a Friday morning tweet said that he “Just purchased NBC’s half of The Miss Universe Organization and settled all lawsuits against them. Now own 100% — stay tuned!”

Trump earlier this summer sued Univision after the network refused to air the July 12 Miss Universe pageant following fallout over remarks about Mexican immigrants Trump made campaigning for President.

The Miss Universe pageant – which Reelz Channel eventually aired live – as well as the Miss USA and Miss Teen USA pageants were joint ventures between Trump and NBCUniversal.

R. Thomas Umstead serves as senior content producer, programming for Multichannel News, Broadcasting + Cable and Next TV. During his more than 30-year career as a print and online journalist, Umstead has written articles on a variety of subjects ranging from TV technology, marketing and sports production to content distribution and development. He has provided expert commentary on television issues and trends for such TV, print, radio and streaming outlets as Fox News, CNBC, the Today show, USA Today, The New York Times and National Public Radio. Umstead has also filmed, produced and edited more than 100 original video interviews, profiles and news reports featuring key cable television executives as well as entertainers and celebrity personalities.