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CNN Legal View With Ashleigh Banfield September 11, 2015 16:18:00

Trump did a deal with nbc, announced it a few minutes ago where he s going to buy the stake from nbc, that means nbc doesn t own the miss universe pageant, trump owns it. but trump has to find a tv partner in order to air these pageants in the future. nbc s confirming that this deal was just signed. they re not reveals how much it cost, for trump this is more about pride than money, i think, this might be a $10 million or $20 million deal. probably not much more than that but he s able to say he s the sole owner of these pageants. danny, legally speaking because as brian just reported this was a forced settlement, he had to go to arbitration, effectively. i suppose this isn t a surprise that there s some resolution. are you surprised it s this resolution? arbitration is just a form of alternative dispute resolution and it s a smart move with big companies like this. they can agree to arbitrate if they want in their contract. in fact, the big question to me is why didn t univision h ....

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CNN Legal View With Ashleigh Banfield September 11, 2015 16:19:00

Court which is exactly the situation that they re in now. so when it comes to arbitration, it s usually a less expensive way of resolving claims. trump may industrial the exhaust same claims against the against nbc. the only difference is both parties have agreed that, hey, instead of going to court where everyone can watch us we are going to go to a private arbitration. it s cheaper, more efficient, and probably better overall for all the parties. does this have any effect at all, remy, when he still has to deal with the univision issues? will univision look to what happened in arbitration or that sflooi private? is that something either side can benefit from? i think it s safe to assume donald trump is going to benefit and he ll be shouting from the roof troops that this was his deal, that was great deal. like he quit the apprentice . isn t that the other thing he said? wasn t it not quite i quit the apprentice. ....

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CNN Legal View With Ashleigh Banfield September 11, 2015 16:21:00

With you. you change the product. it s no longer the same product because you ve completely changed your brand. that s right. that s what they said. in fact you think back to june, it wasn t until univision dropped out of the pageant that we started talking about those comments he made about mexican immigrants. it was because univision was offended, because their employees were offended that univision backed out and as a result weeks of coverage of trumps offensive remarks about mexican immigrants. that suit is going forward. they have no new comment about this today but as it stands now that suit goes forward and the timing of this is so funny because tonight what s donald trump doing? he s going on an nbc late night show, he s going on jimmy fallon, his first time doing late night, maybe he ll talk about this deal. sunday at 11:00 a.m., you ll be a busy boy aren t you? see you there. so reliable sources more on this story. please remind everybody, too, about who is behind ....

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CNN Legal View With Ashleigh Banfield September 11, 2015 16:17:15

Transcripts for CNN Legal View With Ashleigh Banfield 20150911 16:17:15
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CNN Legal View With Ashleigh Banfield September 11, 2015 16:20:00

that s right. that well known saying he who frames the issue wins the debate and we know that that s what we ll hear from donald trump. this arbitration was very smart on the part of nbc. it s probably going to remain confidential. we probably won t know the details but donald trump, interestingly, can go after univision. he still has legitimate claims for their failure to air the beauty pageant which not. not their failure. their decision not to. we know there was one-fourth the viewership when it went from nbc to the reels network which most people either don t know about or don t watch. so i want to ask you, this is a tricky question for you because you re not a lawyer, brian, but you ll know about the dynamics with univision. they have a predominantly hispanic audience, right? couldn t they make the argument, look, donald trump, you insulted our entire audience, almost our entire audience. by business, we could not do this. we could not stay in business ....

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