Don Lemon says Elon Musk has canceled his deal for a show on X
TechCrunchMAR 2024
Musk and X sought Lemon to revitalize the platform after dozens of advertisers pulled out over its content moderation policies. Musk must compensate and pay for damages after unfairly terminating the multi-million-dollar partnership deal.
Besides promising Lemon 60% of gross advertising revenue, Musk had agreed to pay Lemon several financial perks. Musk has shown enough generosity, and he can't be forced to satisfy Lemon's greed — he had reportedly demanded a $5M upfront — and receive brickbats in return.
There's a 1% chance that X will declare bankruptcy in 2024, according to the Metaculus prediction community.