Fox Corp.’s $787.5 million settlement with Dominion Voting Systems over defamation charges is eye-popping, but the ultimate cost to the media company is likely to be much lower. It can deduct the loss from its taxes, and insurance may defray the expense.
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File - A man walks past the News Corp. and Fox News headquarters on Wednesday, April 19, 2023, in New York. Fox Corp.'s hefty $787.5 million settlement with Dominion over defamation charges is unlikely to make a dent in Fox's operations, analysts say. File - A man walks past the News Corp. and Fox News headquarters on Wednesday, April 19, 2023, in New York. Fox Corp.'s hefty $787.
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Fox settlement seen as unlikely to change conservative mediaNow that Dominion Voting Systems' defamation lawsuit against Fox News ended in a $787 million settlement, what will be the impact on media outlets that appeal to conservatives
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Will Fox settlement alter conservative media? Apparently notNow that Dominion Voting Systems' defamation lawsuit against Fox News ended in a $787 million settlement, what will be the impact on media outlets that appeal to conservatives
Consulte Mais informação »
Fox settlement seen as unlikely to change conservative mediaNow that Dominion Voting Systems' defamation lawsuit against Fox News ended in a $787 million settlement, what will be the impact on media outlets that appeal to conservatives.
Consulte Mais informação »
Fox settlement seen as unlikely to change conservative mediaNow that Dominion Voting Systems' defamation lawsuit against Fox News ended in a $787 million settlement, what will be the impact on media outlets that appeal to conservatives.
Consulte Mais informação »
Did everyone on the Left forget about legacy media's ‘Hands up, don’t shoot’ or Covington Catholic lies?After the reported settlement between Fox News and Dominion, many pundits, politicians, Hollywood actors, and social media “influencers” took a victory lap this week. In near unison, they gleefully touted that Fox being forced to pay $787 million as part of its settlement with the voting machine…
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Will Fox settlement alter conservative media? Apparently notNow that Dominion Voting Systems' defamation lawsuit against Fox News ended in a $787 million settlement, what will be the impact on media outlets that appeal to conservatives? Some experts suggest there won't be much. But the settlement could make organizations less willing to be specific when spreading conspiracy theories or more careful about featuring election deniers with the 2024 presidential race coming up. Fox has built a hugely successful business with an opinionated operation that appeals to the emotions of viewers. The network doesn't have much incentive to change the way it operates.
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