{"id":570951,"date":"2023-04-19T21:35:07","date_gmt":"2023-04-19T18:35:07","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/biggest-winners-and-losers-in-the-blockbuster-fox-dominion-settlement\/"},"modified":"2023-04-19T21:35:07","modified_gmt":"2023-04-19T18:35:07","slug":"biggest-winners-and-losers-in-the-blockbuster-fox-dominion-settlement","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/biggest-winners-and-losers-in-the-blockbuster-fox-dominion-settlement\/","title":{"rendered":"#Biggest winners and losers in the blockbuster Fox-Dominion settlement\u00a0"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a413d0c99758\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a413d0c99758\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/biggest-winners-and-losers-in-the-blockbuster-fox-dominion-settlement\/#Winners\" >Winners<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/buradabiliyorum.com\/en\/biggest-winners-and-losers-in-the-blockbuster-fox-dominion-settlement\/#Losers\" >Losers<\/a><\/li><\/ul><\/nav><\/div>\n<div>\n<p>A last-second settlement between Fox <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> and Dominion Voting Systems this week is reverberating throughout the political and <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">media<\/a> landscape.\u00a0<\/p>\n<p>Experts and observers have said the deal, which was struck in dramatic fashion just moments before opening arguments in the trial over Dominion\u2019s lawsuit was set to begin, could have major implications for the future of Fox specifically and defamation settlements paid by American media companies more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/general\/\" data-internallinksmanager029f6b8e52c=\"3\" title=\"General\" target=\"_blank\" rel=\"noopener\">general<\/a>ly.\u00a0<\/p>\n<aside class=\"ad-unit ad-unit--mr1_ab\"><\/aside>\n<p>While it remains unclear exactly how the settlement, which awarded the voting software company almost $800 Million, will affect Fox\u2019s financial health and reputation, here is a look at the biggest winners and losers from the historic deal.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Winners\"><\/span><strong>Winners<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<figure class=\"wp-block-image size-large is-style-default\"><img decoding=\"async\" loading=\"lazy\" width=\"1400\" height=\"787\" src=\"https:\/\/thehill.com\/wp-content\/uploads\/sites\/2\/2023\/02\/CarlsonTucker_030217ap.jpg?w=900\" alt=\"Tucker Carlson\" class=\"wp-image-3877405\" srcset=\"https:\/\/thehill.com\/wp-content\/uploads\/sites\/2\/2023\/02\/CarlsonTucker_030217ap.jpg 1400w, https:\/\/thehill.com\/wp-content\/uploads\/sites\/2\/2023\/02\/CarlsonTucker_030217ap.jpg?resize=160,90 160w, https:\/\/thehill.com\/wp-content\/uploads\/sites\/2\/2023\/02\/CarlsonTucker_030217ap.jpg?resize=300,169 300w, https:\/\/thehill.com\/wp-content\/uploads\/sites\/2\/2023\/02\/CarlsonTucker_030217ap.jpg?resize=768,432 768w, https:\/\/thehill.com\/wp-content\/uploads\/sites\/2\/2023\/02\/CarlsonTucker_030217ap.jpg?resize=1280,720 1280w, https:\/\/thehill.com\/wp-content\/uploads\/sites\/2\/2023\/02\/CarlsonTucker_030217ap.jpg?resize=645,363 645w, https:\/\/thehill.com\/wp-content\/uploads\/sites\/2\/2023\/02\/CarlsonTucker_030217ap.jpg?resize=320,180 320w, https:\/\/thehill.com\/wp-content\/uploads\/sites\/2\/2023\/02\/CarlsonTucker_030217ap.jpg?resize=256,144 256w, https:\/\/thehill.com\/wp-content\/uploads\/sites\/2\/2023\/02\/CarlsonTucker_030217ap.jpg?resize=512,288 512w, https:\/\/thehill.com\/wp-content\/uploads\/sites\/2\/2023\/02\/CarlsonTucker_030217ap.jpg?resize=640,360 640w, https:\/\/thehill.com\/wp-content\/uploads\/sites\/2\/2023\/02\/CarlsonTucker_030217ap.jpg?resize=876,492 876w, https:\/\/thehill.com\/wp-content\/uploads\/sites\/2\/2023\/02\/CarlsonTucker_030217ap.jpg?resize=960,540 960w, https:\/\/thehill.com\/wp-content\/uploads\/sites\/2\/2023\/02\/CarlsonTucker_030217ap.jpg?resize=50,28 50w\" sizes=\"auto, (max-width: 899px) 100vw, 876px\"><figcaption class=\"wp-element-caption\"><sub>Tucker Carlson, host of \u201cTucker Carlson Tonight,\u201d poses for photos in a Fox News Channel studio in New York.<\/sub><\/figcaption><\/figure>\n<p><strong>Fox executives and hosts at the center of the suit\u00a0<\/strong><\/p>\n<p>Tuesday\u2019s deal perhaps most notably shields Fox\u2019s leading executives and household-name talent from being thrust onto the witness stand to testify in open court about the internal strife and fear at the company following the 2020 election.\u00a0<\/p>\n<p>Dominion sued Fox in 2021 for $1.6 Billion over its airing of false claims about its software being promoted by former president Trump and his allies.\u00a0<\/p>\n<p>Depositions and private communications of Fox\u2019s top leaders and hosts taken as part of Dominion\u2019s legal discovery showed them dismissing Trump\u2019s claims of voter fraud and worrying how fact-checking may upset the network\u2019s audience.\u00a0<\/p>\n<p>Delaware Superior Court Judge\u00a0Eric Davis,\u00a0who had been overseeing the case, indicated in pretrial hearings he would not stop Dominion from calling Rupert Murdoch, the chairman of Fox Corp., to testify as a live in-person witness during the trial.\u00a0<\/p>\n<aside class=\"ad-unit ad-unit--mr2_ab\"><\/aside>\n<p>Settling the case keeps Murdoch, and other top hosts like Tucker Carlson and Sean Hannity, who were expected to be called, from having to testify on the record about Trump\u2019s bogus claims of voter fraud and how the network handled the post-election period.\u00a0\u00a0\u00a0<\/p>\n<p><strong>Dominion\u2019s bottom line<\/strong><\/p>\n<p>Though it did not get the $1.6 billion payday it was seeking when it initially filed its suit in the spring of 2021, Dominion still walked away this week with one of the largest settlements in a defamation lawsuit in history.\u00a0<\/p>\n<aside class=\"ad-unit ad-unit--mr3_ab\"><\/aside>\n<p>The $787.5 million payout from Fox is about half what Dominion initially demanded, but still far more than the $80 million the company was valued at when private equity group Staple Street Capital bought a controlling stake in the company in 2018, according to a filing during the case.\u00a0<\/p>\n<p>And it\u2019s multiple times higher than Dominion\u2019s annual revenue, which was estimated at about $100 million last year, per data provider Pitchbook.<\/p>\n<p>Dominion said in an unsealed report that it sustained $921 million in damage to its business, $88 million in lost profits, and $600 million in lost future profits due to Fox\u2019s coverage.<\/p>\n<aside class=\"ad-unit ad-unit--mr4_ab\"><\/aside>\n<p>For comparison, a recent Fox Corporation filing showed the company had about $4.1 billion \u201cof cash and cash equivalents\u201d at the end of 2022, according to a recent The New York Times report.\u00a0<\/p>\n<p>\u201cThe truth matters,\u201d Dominion attorney Justin Nelson said during a press conference after the agreement was reached. \u201cMoney is accountability and we got that today.\u201d<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Losers\"><\/span><strong>Losers<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<figure class=\"wp-block-image size-large is-style-default\"><img decoding=\"async\" loading=\"lazy\" width=\"1400\" height=\"787\" src=\"https:\/\/thehill.com\/wp-content\/uploads\/sites\/2\/2023\/04\/fox_dominion_trial_041723_AP_MattRourke.jpg?w=900\" alt=\"\" class=\"wp-image-3959041\" srcset=\"https:\/\/thehill.com\/wp-content\/uploads\/sites\/2\/2023\/04\/fox_dominion_trial_041723_AP_MattRourke.jpg 1400w, https:\/\/thehill.com\/wp-content\/uploads\/sites\/2\/2023\/04\/fox_dominion_trial_041723_AP_MattRourke.jpg?resize=160,90 160w, https:\/\/thehill.com\/wp-content\/uploads\/sites\/2\/2023\/04\/fox_dominion_trial_041723_AP_MattRourke.jpg?resize=300,169 300w, https:\/\/thehill.com\/wp-content\/uploads\/sites\/2\/2023\/04\/fox_dominion_trial_041723_AP_MattRourke.jpg?resize=768,432 768w, https:\/\/thehill.com\/wp-content\/uploads\/sites\/2\/2023\/04\/fox_dominion_trial_041723_AP_MattRourke.jpg?resize=1280,720 1280w, https:\/\/thehill.com\/wp-content\/uploads\/sites\/2\/2023\/04\/fox_dominion_trial_041723_AP_MattRourke.jpg?resize=645,363 645w, https:\/\/thehill.com\/wp-content\/uploads\/sites\/2\/2023\/04\/fox_dominion_trial_041723_AP_MattRourke.jpg?resize=320,180 320w, https:\/\/thehill.com\/wp-content\/uploads\/sites\/2\/2023\/04\/fox_dominion_trial_041723_AP_MattRourke.jpg?resize=256,144 256w, https:\/\/thehill.com\/wp-content\/uploads\/sites\/2\/2023\/04\/fox_dominion_trial_041723_AP_MattRourke.jpg?resize=512,288 512w, https:\/\/thehill.com\/wp-content\/uploads\/sites\/2\/2023\/04\/fox_dominion_trial_041723_AP_MattRourke.jpg?resize=640,360 640w, https:\/\/thehill.com\/wp-content\/uploads\/sites\/2\/2023\/04\/fox_dominion_trial_041723_AP_MattRourke.jpg?resize=876,492 876w, https:\/\/thehill.com\/wp-content\/uploads\/sites\/2\/2023\/04\/fox_dominion_trial_041723_AP_MattRourke.jpg?resize=960,540 960w, https:\/\/thehill.com\/wp-content\/uploads\/sites\/2\/2023\/04\/fox_dominion_trial_041723_AP_MattRourke.jpg?resize=50,28 50w\" sizes=\"auto, (max-width: 899px) 100vw, 876px\"><figcaption class=\"wp-element-caption\"><sub>Members of the media gather outside the justice center in Wilmington, Del., Monday, April 17, 2023. (AP Photo\/Matt Rourke)<\/sub><\/figcaption><\/figure>\n<p><strong>Media covering the case\u00a0<\/strong><\/p>\n<aside class=\"ad-unit ad-unit--mr5_ab\"><\/aside>\n<p>Dozens of reporters, photographers and news staff <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/trip-and-travel\/\" data-internallinksmanager029f6b8e52c=\"10\" title=\"Trip &amp; Travel\" target=\"_blank\" rel=\"noopener\">travel<\/a>ed to downtown Wilmington, Delaware, this week in anticipation of the closely watched case. Tuesday\u2019s deal means the reporters gathered there suddenly have no trial to cover and were sent home early from what had the potential to be a six-week ordeal chock-full of embarrassing headlines for Fox.\u00a0\u00a0<\/p>\n<p>News of the settlement was covered prominently on the front page of the New York Times, Washington Post and Wall Street Journal on Wednesday.\u00a0<\/p>\n<p>Still, the settlement is likely to fade from the headlines in the coming weeks. The settlement was only briefly covered on Fox\u2019s air on Tuesday, and a story on the outlet\u2019s website did not mention the dollar figure attached to the settlement.\u00a0<\/p>\n<aside class=\"ad-unit ad-unit--mr6_ab\"><\/aside>\n<p>For the past several months, the Dominion lawsuit has produced a slew of ratings and traffic-boosting headlines for media outlets across the country, many of which are sure to focus intensely on the fallout from the historic settlement.\u00a0\u00a0<\/p>\n<p>Media coverage was key to Dominion\u2019s strategy in the case, as noted by Dominion attorney Devida Brook, who thanked the media for their coverage of the case outside the courthouse on Tuesday.\u00a0\u00a0<\/p>\n<p>On Wednesday morning, a truck carrying an electronic sign reading \u201cRupert Murdoch Knew\u201d commissioned by the liberal media watchdog Media Matters for America continued to circle the Delaware courthouse, but only a handful of television cameras were left there.\u00a0<\/p>\n<aside class=\"ad-unit ad-unit--mr7_ab\"><\/aside>\n<p>\u201cYou could argue that Dominion wins but the public loses,\u201d former CNN media reporter Brian Stelter\u00a0<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/brianstelter\/status\/1648434887773552640?s=20\">tweeted on Tuesday<\/a>.\u00a0<\/p>\n<p><strong>Fox\u2019s bottom line\u00a0<\/strong><\/p>\n<p>Even for a multi-billion dollar company, $787.5 Million is a lot of money.\u00a0<\/p>\n<p>Fox Corp., which owns and operates Fox News, is also facing lawsuits from shareholders on the company\u2019s board who are upset with the network\u2019s coverage of the 2020 election and the resulting litigation it has sparked.\u00a0<\/p>\n<p>Shareholder Robert Schwarz alleged in a lawsuit filed in Delaware Chancery Court earlier this month that Murdoch and other board members breached their fiduciary duties to shareholders by failing to uphold the company\u2019s ethical reputation.\u00a0<\/p>\n<p>Fox Corp. brought in $4.61 billion in revenue in the last quarter of 2022, and a net income of $321 million.\u00a0<\/p>\n<p>The network is also facing a multibillion-dollar lawsuit from Smartmatic, another voting systems company, over its coverage of Trump\u2019s claims.\u00a0<\/p>\n<p>With the Dominion matter settled, the Smartmatic case will likely gain more traction while legal experts have noted the Dominion settlement could set the stage for another hefty payout by Murdoch\u2019s crown media jewel.\u00a0<\/p>\n<p><strong>Anyone who was expecting an on-air apology or retraction from Fox\u00a0<\/strong><\/p>\n<p>Missing from the settlement agreement was a widely speculated stipulation that Fox would have to issue an on-air apology to Dominion for airing false claims about the company.\u00a0<\/p>\n<p>A source with knowledge of the deal confirmed to The Hill this week no such apology or retraction was part of the agreement.\u00a0<\/p>\n<p>In a statement after the settlement was struck, Fox acknowledged \u201cthe Court\u2019s rulings finding certain claims about Dominion to be false.\u201d<\/p>\n<p>During a round of media interviews overnight Tuesday and into Wednesday, representatives for Dominion said they were h<a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>y with the terms of the settlement.\u00a0<\/p>\n<p>A Dominion spokesperson told The Hill\u00a0 on Tuesday that \u201can apology is about accountability, and today Dominion held Fox accountable.\u201d\u00a0<\/p>\n<\/div>\n<p>Copyright 2023 Nexstar Media Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.<\/p>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more News articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/news\/\" target=\"_blank\" rel=\"noopener\">News category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/thehill.com\/homenews\/media\/3959031-biggest-winners-and-losers-in-the-blockbuster-fox-dominion-settlement\/\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A last-second settlement between Fox News and Dominion Voting Systems this week is reverberating throughout the political and media landscape.\u00a0 Experts and observers have said the deal, which was struck in dramatic fashion just moments before opening arguments in the trial over Dominion\u2019s lawsuit was set to begin, could have major implications for the future&#8230;<\/p>\n","protected":false},"author":1,"featured_media":570952,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/thehill.com\/wp-content\/uploads\/sites\/2\/2023\/04\/dominion_lawyers_041823_Getty.jpg?w=1280","fifu_image_alt":"","footnotes":""},"categories":[70897],"tags":[117,139252,134418,70375,139529,140104,141890,70749,73014,90482,115,72576],"class_list":["post-570951","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-business","tag-business-economy","tag-congress-blog","tag-cybersecurity","tag-defense-national-security","tag-dominion-voting-systems","tag-eric-davis","tag-fox-news","tag-health-care","tag-house","tag-news","tag-tucker-carlson"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/570951","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=570951"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/570951\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/570952"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=570951"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=570951"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=570951"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}