Fox Corp. said it swung to a $50 million loss last quarter from a $290 million profit the year before mostly due to the cost of a legal settlement with Dominion Voting Services.
19.04.2023 - 19:55 / variety.com
Owen Gleiberman Chief Film Critic Let no one deny it: Rupert Murdoch is clever like a fox. He’s slyer than his adversaries in mainstream media. They still think in real-world terms. But Murdoch thinks in terms of the world that he’s created — the world of fake news, of lies that play because they carry the ring of vengeful mythology (life as a Charles Bronson film that never ends). The world that Fox News pretends is reality. You could make a case that in recent weeks, Murdoch’s circus of happy-talk dystopian propaganda (otherwise known as any random half hour of Fox News) took a major hit. The release of documents subpoenaed during the Dominion Voting System’s $1.6 billion defamation lawsuit against Fox News revealed something that was, or should be, profoundly embarrassing to the network: that there are moments when its star huckster, Tucker Carlson, actually tells the truth (at least in private). The revelation that Carlson, along with a number of Fox News executives, peddled Donald Trump’s crackpot assertion that he won the 2020 election not because they believed it, but because they thought they had to go along with what their viewers wanted to hear, made the Fox team look like craven cowards. The lawsuit never made it to trial, but because those documents were leaked you could say the damage was done. And to keep the trial from happening, Murdoch had to cough up the mother of all defamation settlements: $787.5 million.
To you and me, that sounds like a lot of money. But in Murdoch Land there’s a phrase for a sum like that. It’s called chump change. And yes, in this case the chumps are all of us. The whole rest of the world. Or, at least, those of us who wanted to see this trial bring Rupert Murdoch and
Fox Corp. said it swung to a $50 million loss last quarter from a $290 million profit the year before mostly due to the cost of a legal settlement with Dominion Voting Services.
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Brian Steinberg Senior TV Editor How much should it cost to end media scrutiny on the internal workings of a news organization? Fox Corp. thinks an outlay of $787.5 million ought to be sufficient. In a letter filed Wednesday with the Superior Court of the State of Delaware, an attorney for Fox Corp. sought to keep redactions intact in documents supporting the case, and pressed a judge to keep media organizations from being able to examine the evidence further. “Fox agreed to settle this case to buy peace and bring an end to the media spectacle that the case had become,” says Katherine L. Mowery, an attorney representing Fox Corp. in its bid to quell further releases pertaining to its recent defamation settlement agreement with ballot-technology firm Dominion Voting Corp.
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Bill Maher had some thoughts about Fox’s $787.5 million settlement with Dominion Voting Systems on Real Time tonight.
$787.5 million settlement with Dominion Voting Systems related to lies Fox News told about the 2020 election.“The stupidity in the executive offices at Fox and at the anchor desks led to this outcome which was completely avoidable,” the MSNBC host said during his show on Wednesday. “Someone at Fox could’ve said to the people hosting their shows ‘You can let Rudy Giuliani tell any lie he wants for as long as he wants and at the end of it all you have to say is ‘if that’s true, this is a terrible situation and we’re going to have to do something about that’’ and Fox never could have been sued.
John Poulos, the CEO of Dominion Voting Systems, defended the $787.5 billion settlement with Fox News and Fox Corp., telling Good Morning America that “all of the facts we had discovered during the case had already come to light.”
After a one-day delay and amidst whispers of settlement talks, Dominion Voting Systems’ $1.6 billion defamation trial against Fox News is set to begin Tuesday in Wilmington, DE.
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Succession as part of her divorce settlement from Rupert Murdoch.The HBO series, which stars Brian Cox as Logan Roy, is partially inspired by the Murdoch family, along with other media mogul families like the Redstones and Mercers. “The amazing thing about this stuff is that it’s everywhere,” show creator Jesse Armstrong told The New York Times in 2019.“Sumner Redstone’s family. The Mercers.
READ NOW: Joe Jonas shares brutal verdict Wetherspoons experience on UK tripThe multibillionaire media mogul, who counts himself among the top 32 wealthiest people in the USA, called time on his marriage with Jerry Hall last year. She was reportedly given a deadline of 30 days to move out of the luxury home the pair shared and into a different property in Oxfordshire solo. According to Vanity Fair, the happy marriage celebrations the pair shared back in 2016 were marred by the media mogul coming down with the flu.
his own investigation into the Murdoch family and Fox News, argues the 92-year-old is actually a “very old man” whose health has been “failing for a very long time.” And on “CNN This Morning” Thursday, co-host Don Lemon reported that “there are signs” that HBO’s hit drama “Succession” “has been getting under his skin.”“I think now we’re just catching up to the fact that he’s a shell of what he used to be,” Sherman told Lemon, breaking down his viral deep-dive on the media mogul and his family, published Wednesday via Vanity Fair. Sherman argued that Dominion Voting System’s defamation lawsuit against Fox News has been a direct result of Murdoch’s “diminished leadership.”“There has really been this vacuum at the top of the company and it allowed all of these Dominion falsehoods and these lies to get onto the air on Fox, because they put ratings above all else,” he explained.