Fox News to pay $787M settlement to Dominion Voting Systems over stolen election lies

David Folkenflik:

Well, on the one hand you can look at it and note that it is exactly $12.5 million less than $800 million, which would be the halfway mark to the $1.6 billion damages that Dominion had sought in this case.

So, FOX can say, we settled for less than half. But it is an astronomical figure, more than FOX and the Murdochs have ever paid for any single settlement, far more. And it is also an opportunity to avoid being tied up in court for years, not in this trial, given that Dominion had amassed so much evidence of the knowledge that people inside FOX had that what they were putting on the air was untrue and damaging, but also that this would have gone into appeals.

And that could have taken a lot of years, even had Dominion prevailed upon appeal. And appellate courts often reduce the amount of damages awarded by juries. So, Dominion would have been rolling the dice if they had turned down the opportunity to achieve a settlement as large as this.

And I want to reiterate, I think the size of the settlement, nearly $800 million, because it was made public, becomes the apology itself.

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