Milo Yiannopoulos drops his lawsuit against Simon and Schuster

Milo Yiannopoulos drops his lawsuit against Simon and Schuster
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Former Breitbart editor Milo Yiannopoulos is dropping the lawsuit he filed last summer against his former publisher. 

According to The Associated Press, Yiannopoulos and lawyers for Simon & Schuster requested in court documents Tuesday that the lawsuit be dismissed "without costs or fees to either party."

Yiannopoulos sued Simon & Schuster for $10 million last summer after the company cancelled the release of the far-right provocateur's memoir, "Dangerous." That decision came after video of Yiannopoulos surfaced online, in which he appeared to defend pedophilia. 

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Simon & Schuster said in a statement Tuesday that the company stood by its decision to cancel the release of "Dangerous." Yiannopoulos eventually self-published the book, which came out last July.

"We are pleased that Mr. Yiannopoulos’ lawsuit has been withdrawn," the publishing company said, according to the AP. "We stand by our decision to terminate the publication of Mr. Yiannopoulos’ book."

Yiannopoulos said in a Facebook post on Tuesday that, while he believed that Simon & Schuster terminated his contract "in bad faith," it would have been difficult for him to prove damages in the lawsuit and that he did not want a prolonged court fight. 

"Having earned well over a million dollars from publishing my New York Times best-selling book Dangerous myself, it was always going to be hard to prove damages, as anyone who has ever hired a 'damages expert' will know," Yiannopoulos wrote.

"I don't want to spend all the money I made from my book, and the next two years of my life, on a lawsuit. I would rather use it to help other authors reach the conservative audience that Simon & Schuster hates so much (but is happy to profit from, naturally)."