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With the jury seated and attorneys about to make their opening statements, Davis announced Dominion and Fox News had reached a settlement. Fox agreed to pay Dominion $787.5 million. At the time of the settlement, Fox Corporation had $4.1 billion cash on hand. [59] Deadline Hollywood reported that the payment would be tax-deductible for Fox. [60]
The company paid $20 million in 2017 to former anchor Gretchen Carlson, whose sexual harassment lawsuit against founding Fox News chief Roger Ailes was among the most high-profile in the #MeToo ...
The $787.5mn Dominion will receive from Fox in the settlement, which also comes with an acknowledgement of a court ruling from its cable channel Fox News that it aired false claims about Dominion ...
The deal follows Fox's April 18 agreement to pay Dominion $787.5 million to settle the voting-technology company's defamation suit in Delaware. ... -Fox Corp has settled for $12 million a lawsuit ...
Fox settled the lawsuit in 2023 by agreeing to pay Dominion $787.5 million and acknowledging the court ruling that Fox had broadcast false statements about Dominion. [ 39 ] [ 40 ] According to research done by Pew Research Center in 2019, 65 percent of Republicans and people who lean Republican trusted Fox News.
WILMINGTON, Del. — Fox News and Dominion Voting Systems reached a $787.5 million settlement agreement Tuesday afternoon, the parties announced, narrowly heading off a trial shortly after the ...
In an unexpected and abrupt end to a legal battle that had fascinated the media industry, Fox Corporation and Dominion Voting Systems agreed to settle a much-discussed $1.6 billion defamation ...
Fox Corp. reports the loss after it spent $850 million to settle the defamation case brought by Dominion, which alleged Fox News damaged its reputation by spreading falsehoods about voter fraud in ...