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CNN Shells Out $76 Million In Settlement: ‘More Than It Brings In During A Typical Year’

CNN has had a rough few years.

From poor ratings to being deemed “fake news” by President Donald Trump, there isn’t much else could go wrong for the long-standing 24/7 network.

But things did get worse.

On Friday, CNN agreed to settle a dispute that began in 2003, coughing up a whopping $76 million for a back-pay case involving union workers the network cheated, marking it to be the largest “monetary remedy” in the National Labor Relations Board’s 85-year history.

According to Variety, “the NLRB noted that $76 million is more than what it brings in during a typical year from back pay enforcement.”

The final settlement will be split amongst 300 different people.

Variety reports:

The dispute began in 2003 when CNN fired a group of unionized subcontractors working as video technicians and in other technical and support roles.

The cabler then hired new, non-union employees for most of the same functions. That sparked a trail of litigation with National Association of Broadcast Employees and Technicians and Communications Workers of America, that has been winding through federal adjudication for more than a decade. The NLRB is the federal agency designed to protect the rights of employees to organize in the workplace.

NLRB general counsel Peter B. Robb praised the decision by CNN, saying it was a victory for fairness.

“The settlement demonstrates the Board’s continued commitment to enforcing the law and ensuring employees who were treated unfairly obtain the monetary relief ordered by the Board,” Robb said.

CNN didn’t have much to say — they’re just glad the lengthy ordeal is over.

“After more than a decade of litigation, negotiation and appeals we are pleased to have resolved a longstanding legal matter,” a CNN representative stated.

What do you think of this massive $76 million settlement by CNN? Let us know in the comments and be sure to vote in our daily poll below.

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