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Fox settles with Dominion


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$787 million.  "The truth matters" per Dominion counsel.  Staple St Capital owns Dominion.  They got big bucks for their stockholders while rubbing Fox face in the mud.

2 minutes ago, Roundybout said:

Wasn’t Dominion seeking more than a billion dollars?

they were after $1.6 bil.

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9 minutes ago, redtail hawk said:

Special independent counsel not involved.  2 big companies stared each other down and the one that had to defend lying blinked, big time.

They settled right after it was announced.  That's why they settled almost immediately.

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5 minutes ago, ChiGoose said:

 

Looks like $787 million. I haven't seen anything on what Fox has to admit publicly (or not).

Fox made a statement with very limited apology.  Fox lead story right now is about an ethics finding against Biden's HHS sec for publicly supporting a candidate in a Cali election.  No idea how @daz28sees these cases as related.  but he's clearly watching Fox closely.  Have you seen anything about the big settlement there daz?

 

Fox Corp. just released a statement: “We are pleased to have reached a settlement of our dispute with Dominion Voting Systems. We acknowledge the court's rulings finding certain claims about Dominion to be false. This settlement reflects Fox's continued commitment to the highest journalistic standards.

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Just now, Over 29 years of fanhood said:

Hopefully this sets a precedent for suing all media outlets for lying. 

 

It changes nothing with the standard. You still have to meet actual malice under NYT v. Sullivan. Dominion had Fox dead to rights because Fox operates as a propaganda outfit, leaving a long paper trail of them saying that they knew they were lying. 

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24 minutes ago, redtail hawk said:

Still nothing about it on Fox site.  Dominion is valued between $30-80 mil.  Settlement was 10X or more of their value.


I wonder how you arrive at a number like 1.6 B … at $20 mil per year that like 80 years of business. 


Good for them. Rupert hates opening his wallet. 😂 

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