Once again, wherever the disgraced former President goes, misery, disgrace, and litigation follow.'
Admittedly, Fox’s settlement with Dominion Voting Systems has benefits as well as drawbacks in establishing accountability for ill-motivated journalism. Yes, it’s the largest-ever payout to settle a media defamation lawsuit, and yes, it will help the subsequent libel claims against Fox for amplifying and validating the Big Lie.
Rupert Murdoch is a ruthless media mogul who has always used his money and blackmail tactics to lord over people Rupert Murdoch is a ruthless media mogul who has always used his money and blackmail tactics to lord over people . He has paid before, agreeing to pay: more than $900 million to settle fraud and antitrust lawsuits; hundreds of millions to settle the British massive phone and email hacking scandal; and, more than $200 million to prevent allegations of widespread sexual harassment at Fox from being heard in court. He paid $1.7 billion to settle his 1999 divorce from his second wife.
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Fox's settlement with Dominion unlikely to cost it $787.5MFox Corp.’s hefty $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. Fox has several levers it can pull to help defray the cost of the settlement. It can deduct the settlement from its income taxes as a cost of doing business, something Fox has indicated it plans to do. Also, insurance is likely to cover some of the settlement. Fox has also said it doesn’t expect the settlement to affect its operations.
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Fox's settlement with Dominion unlikely to cost it $787.5MFox 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.
Consulte Mais informação »
Fox's settlement with Dominion unlikely to cost it $787.5MFox 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.
Consulte Mais informação »