Kentucky School District Settles $27M Lawsuit with Social Media Giants

The payout was bigger than the district's entire annual budget.

Breathitt County in Kentucky just settled with 4 social media companies.

Meta paid $9M, Snap Inc. and TikTok $8M each, YouTube $2M.

The combined $27M is 8% above the district's $25M yearly budget.

The figures surfaced under Kentucky's open records laws.

More than 1,300 other school districts have filed similar suits.

Bloomberg Intelligence puts the total potential liability near $400B.

This is courtroom math starting to resemble the tobacco settlements.

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