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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 ...
Fox News won’t apologise for false election claims under $787m Dominion settlement. Fox News’ settlement makes for 20-times payout for buyout firm Staple Street
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.
For 2010, CNN's digital network continued to lead Fox News' digital network online; CNN with 35.7 million unique visitors per month, compared to Fox News' 15.5 million. For the first time Fox News outspent its competitors, with a total news investment of $686 million. 72% of this investment went to program costs, reflecting their focus on high ...
Fox Corp and Fox News on Tuesday settled a defamation lawsuit slapped against it by Dominion by agreeing to pay $787.5m to the voting equipment company. Sweta Sharma has the full story.
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 ...