They can now get back to the business of making your grandparents furious.
Fox News managed to avoid a protracted legal battle and airing of dirty laundry by reaching a nearly $800 million settlement with Dominion Voting Systems. Just as the highly anticipated case was set to start revealing evert tweet, memo and awkward elevator encounter at the conservative broadcaster, Rupert Murdoch and family decided $787 million dollars was a small price to pay to avoid a possible $1.6 billion judgement and retain whatever lingering scraps of credibility Fox News has left.
They agreed to fork over the largest ever settlement for defamation, that we know of because such settlement are usually private, because the evidence was overwhelming and not in their favor. They lied, they knew they were lying and what’s worse, they texted each other about it constantly. The result is a payout to Dominion totaling about one fifth of the cash Fox News has on hand, but that may not be all.
There are other cases, using the same aforementioned, damaging evidence. The most prominent being from Smartmatic, another much larger company that builds and implements voting systems. Smartmatic has issues with the way Fox characterized their role in 2020 and have decided to sue for a sphincter tightening $2.7 billion. We know a lot less about the Smartmatic case and how strong it is, but I imagine after seeing the Dominion settlement their lawyers are feeling pretty good about their chances.
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