The Big Lie’s Price Tag:3/4 of a billion.
“In settling with Dominion Voting Systems, Fox News has avoided an excruciating, drawn-out trial in which its founding chief, Rupert Murdoch, its top managers and its biggest stars would have had to face hostile grilling on an embarrassing question: Why did they allow a virulent and defamatory conspiracy theory about the 2020 election to spread across the network when so many of them knew it to be false?
But the $787.5 million settlement agreement — among the largest defamation settlements in history — and Fox’s courthouse statement recognizing that the court had found “certain claims about Dominion” aired on its programming “to be false” at the very least amount to a rare, high-profile acknowledgment of informational wrongdoing by a powerhouse in conservative media and America’s most popular cable network.”
The Fox News’ desire to hold on to their most loyal fans that demanded to be fed a strict diet of election lies has cost the company not only monetarily but also cemented the popular notion that the news it broadcasts is not real. The whole Dominion saga will be difficult to live down in the near future, not that it will have any negative effect with Donald Trump’s most loyal fans, they don’t who said what about who, they love him and seemingly always will. Fox was just worried those Trump fans would not love Fox and now the price tag for has come due for their false election narrative.
