If you lot down there didn't have such a double-stuft basket of deplorables who demand to be lied to... There's a market for what Fox is compelled to sell. That's good ol' American capitalism. Toxic capitalism, to be sure.
We keep waiting for you to invade.
To put things into perspective the entirety of the FOX Corporation only made a profit of $313mil in 2022. Thats not just the news channel. Its the broadcast station, FS1, FS2, and a few other more piddly things. FX and the movie studio were sold to Disney some years ago.
ETA: nevermind, that was just for Q4 of 2022. They netted just over 1.2 bil in 2022. So this settlement wont exactly destroy them.
I don't think that was ever a realistic possiblity.
But this will hurt, no doubt.
Fox will contiure to push right wing BS, they will be a lot more cautious about anybody or anything not in the political world.
I agree. Fox will lay off the "rigged election" nonsense.
Presumably Fox will not do this again.
I notice, too, that they are merely "acknowledging the Court's ruling" and not admitting that FOX knew they were false.
Lol. No, they won't! They just won't place the blame on Dominion.
There it is.
If I was Dominion I would sue again.
https://www.foxnews.com/media/fox-n...stems-reach-agreement-over-defamation-lawsuit
We shall see.
We shall see.
You did not expect, even if Dominion won bigtime, to force Fox off the air?
...The very least they needed to hold out for was a public apology and a prominent retraction.
Well contrary to dominant opinion, social responsibility need not be a priority for businesses. Ultimately only the bottom line matters. You can wirte this entire thing as a lost cause. There will be no repercussions for Fox and it will be business as usual.
Dominion doesn't owe us anything - they've already gone above and beyond in bringing dishonesty and contempt Fox has for its viewers to light.
But I would very much appreciate it if they used some of that money to invest in US Democracy, be it on the technological or political end.
It'd be nice if they saw to it that Smartmatic had access to ALL the evidence they had planned to use in the trial. FOX NEWS isn't done going through the legal wringer just yet.