Republican US presidential candidate Donald Trump says he has settled a US$500 million lawsuit against Spanish-language television network Univision Communications over its decision not to broadcast the Miss Universe and Miss USA pageants.
Terms of the settlement were not disclosed.
Trump, a billionaire real estate mogul who owned the pageants at the time, said in a statement he was pleased with the settlement, which resolved a lawsuit filed in Manhattan federal court.
He filed the lawsuit against Univision in June 2015, when Univision it would not air the July 12 pageant because of what it called insulting remarks about Mexican immigrants made by Trump when he announced he was running for the 2016 Republican presidential nomination.
While officially announcing his candidacy, Trump accused Mexico of sending rapists and other criminals to the United States.
"They're bringing drugs, they're bringing crime, they're rapists, and some I assume are good people, but I speak to border guards and they tell us what we are getting," he said at the time.
Trump refused to back down from his comments.