Fox News’ recent settlement with Dominion Voting Systems has been used as fodder for those who would like to revisit libel law. Such an erosion of press protections would be a step back for our democracy and accountability.Many observers lamented the recent settlement in the Dominion-Fox News defamation case, as if the concussive bombshell they were expecting had turned into a giant dud.
The settlement, of course, was its own admission of failure. But while the Dominion lawsuit was an opportunity to address the manipulation of truth to undermine democracy, there is another dynamic to the suit that merits reflection. It has becomeThe landmark ruling in 1964 made it harder for public figures to win libel cases against the media.
, and his opinion matters because he is considered a likely candidate for the GOP nomination in the 2020 presidential race.
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Fox Corp. dinged by Dominion settlement in third quarterFox Corp. moved to a loss in its fiscal third quarter, weighed down by Fox News’ nearly $800 million settlement with Dominion Voting Systems. The company said Tuesday that the difference in its performance was mostly due to charges related to legal settlement costs at Fox News Media. The company still topped Wall Street expectations. Fox News agreed to pay Dominion to avert a trial in the voting machine company’s lawsuit that would have exposed how the network promoted lies about the 2020 presidential election. Dominion sued Fox for $1.6 billion, arguing that the top-rated news outlet damaged the company’s reputation.
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Fox Swings To $50 Million Quarterly Loss On Dominion SettlementFox Corp. said it swung to a $50 million loss last quarter from a $290 million profit the year before mostly due to the cost of a legal settlement with Dominion Voting Services. Sales jumped 18% la…
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Fox Corp. Swings to Quarterly Loss Due to Dominion Settlement'We made the business decision to resolve this dispute and avoid the acrimony of a divisive trial and a multi-year appeals process,' Fox CEO Lachlan Murdoch said
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Fox CEO Claims $787.5 Million Dominion Settlement Was Merely A ‘Business Decision’ As Profits TankThe media conglomerate lost $54 million last quarter thanks to legal fees.
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Fox Corp. Swings to Quarterly Loss Due to Dominion Litigation'We made the business decision to resolve this dispute and avoid the acrimony of a divisive trial and a multi-year appeals process,' Fox CEO Lachlan Murdoch said of Fox News' $787M Dominion settlement
Source: THR - 🏆 411. / 53 Read more »