Conservative news network faces serious financial and other risks if it loses legal showdown with voting machine maker.
, set to kick off in court on Tuesday, poses serious risks for the media company should it lose the defamation case.
Although Fox could handle the direct financial blow from a large legal judgement against the company, analysts say the network faces a tricky balancing act in presenting its case in Delaware state court while also placating viewers who support former president Donald Trump.Dominion is seeking $1.6 billion in damages against Fox, which the it accuses of lying about its tabulation of votes in the 2020 presidential election.
Advertising accounts for about half of Fox's revenues, according to the company's financial reports, with most of the rest coming from fees that stations pay to run the cable channel.
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