Summary

William J. Brennan, Jr. Time, Inc. v. Hill — Opinion of the Court

If there is any one thing that could strongly indicate that the Founders were wrong in reposing so much trust in a free press, I would suggest that it would be for the press itself not to wake up to the grave danger to its freedom, inherent and certain in this 'weighing process.' Life's conduct here was at most a mere understandable and incidental error of fact in reporting a newsworthy event.
Source: Wikisource

William J. Brennan, Jr. Time, Inc. v. Hill — Opinion of the Court

Even negligence would be a most elusive standard, especially when the content of the speech itself affords no warning of prospective harm to another through falsity. A negligence test would place on the press the intolerable burden of guessing how a jury might assess the reasonableness of steps taken by it to verify the accuracy of every reference to a name, picture or portrait.
In this context, sanctions against either innocent or negligent misstatement would present a grave hazard of discouraging the press from exercising the constitutional guarantees.
Source: Wikisource

William J. Brennan, Jr. Time, Inc. v. Hill — Opinion of the Court

We hold that the constitutional protections for speech and press preclude the application of the New York statute to redress false reports of matters of public interest in the absence of proof that the defendant published the report with knowledge of its falsity or in reckless disregard of the truth.
The guarantees for speech and press are not the preserve of political expression or comment upon public affairs, essential as those are to healthy government.
Source: Wikisource

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