CircleWXYZ 173 Posted April 18, 2023 Share Posted April 18, 2023 https://www.cbsnews.com/news/fox-news-dominion-voting-systems-lawsuit-settlement/ Quote Link to comment Share on other sites More sharing options...
MidwestTV 1173 Posted April 19, 2023 Share Posted April 19, 2023 Dominion still got a lot, but I bet Fox was really sweating at the idea of having their talent testify in court under oath. 2 Quote Link to comment Share on other sites More sharing options...
mrsunshine 16 Posted April 19, 2023 Share Posted April 19, 2023 There's still the Smartmatic lawsuit, supposedly that one's got even juicier details than Dominion, according to their lawyers (it's a larger company). Btw, should this thread be in the cable section? Quote Link to comment Share on other sites More sharing options...
Geoffrey 779 Posted April 19, 2023 Share Posted April 19, 2023 Very disappointed by this. I was looking forward to Fox being further exposed, but I guess money talks. Fox has gotten away with many large settlements over the years to sweep bad behavior under the rug but $767,500,000 is definitely a lot. They probably learned their lesson: Don't smear companies, but lying about people is still good for ratings and the bottom line. Remember when Rupert's News of the World was caught hacking into a murdered girl's voicemail and they closed shop a few days later? I was hoping for that kind of solution here. Fox is not news, but their viewers think it is. 8 1 2 Quote Link to comment Share on other sites More sharing options...
TheRob 919 Posted April 19, 2023 Share Posted April 19, 2023 Your cable bill is about to increase again. Good for Dominion, though. 1 Quote Link to comment Share on other sites More sharing options...
Jase 818 Posted April 19, 2023 Share Posted April 19, 2023 2 hours ago, TheRob said: Your cable bill is about to increase again. Good for Dominion, though. Fox doesn’t have any leverage and rest assured, both cable and satellite companies, if they’re smart, will use this settlement against them. With a possible Smartmatic settlement looming too; Fox could easily be out of close to 2 bil. (if not more). I’m sure Fox ran every scenario possible from a financial perspective before settling; so expect some serious belt tightening and cuts to happen. 4 Quote Link to comment Share on other sites More sharing options...
C Block 1487 Posted April 19, 2023 Share Posted April 19, 2023 4 hours ago, TheRob said: Your cable bill is about to increase again. Good for Dominion, though. I'm not so sure of that. Fox has more than $4 billion in cash on hand, which is plenty to cover the settlement. In perspective, $787 million amounts to about two weeks' worth of revenue for the entire company. What I imagine probably will happen, though, is that you'll probably see Fox be less willing to make new investments in its operations and some overall belt-tightening in the medium term. 1 Quote Link to comment Share on other sites More sharing options...
mre29 1340 Posted April 19, 2023 Share Posted April 19, 2023 I was hoping for a trial, as well, but Dominion must've been more interested in the money. Oh well. That said, doesn't this belong in the US Cable News forum? Quote Link to comment Share on other sites More sharing options...
CircleSeven 1944 Posted April 19, 2023 Share Posted April 19, 2023 7 minutes ago, mre29 said: That said, doesn't this belong in the US Cable News forum? It's been handled. Quote Link to comment Share on other sites More sharing options...
Geoffrey 779 Posted April 19, 2023 Share Posted April 19, 2023 22 hours ago, TheRob said: Your cable bill is about to increase again. Good for Dominion, though. According to Brian Stelter in Variety: Quote Fox News executives insist that sponsors have not been spooked by the Big Lie scandal, nor have the cable and satellite providers that carry the network. In the negotiations that are taking place this spring between Fox and the likes of Comcast, Fox wants to break past the three-buck mark—meaning three dollars per cable household per month, according to sources familiar with the matter. Pretty gross, really. If you have cable or any kind of live TV service, you're going to be paying Fox more to lie to you, even if you never turn on their channel. And your increased payments will help them continue to poison the information well for America. 1 6 Quote Link to comment Share on other sites More sharing options...
MD TV 163 Posted April 19, 2023 Share Posted April 19, 2023 Yeah, we hear all about the sports-related carriage fees but this is probably the highest carriage fee for a channel that doesn't carry any sports. Quote Link to comment Share on other sites More sharing options...
mre29 1340 Posted April 20, 2023 Share Posted April 20, 2023 30 minutes ago, MD TV said: Yeah, we hear all about the sports-related carriage fees but this is probably the highest carriage fee for a channel that doesn't carry any sports. Anyone else have a sudden desire to see Tucker Carlson tackled by a football player running at full speed? Just me? 3 Quote Link to comment Share on other sites More sharing options...
MediaZone4K 1509 Posted April 20, 2023 Share Posted April 20, 2023 I wonder how Fox affiliates, especially the non O&Os feel about this. Quote Link to comment Share on other sites More sharing options...
Megatron81 179 Posted April 24, 2023 Share Posted April 24, 2023 I thought that there was going to be a settlement Fox can write off some of the settlement as well, it was really how much Fox was willing to fight they thought better to settle than fight it which was much cheaper to settle than fight it. I still believe that Fox didn't defame Dominion or Smartics either which looks like that doesn't go to the courts until 2025 which Fox settles as well in my opinion. 2 1 Quote Link to comment Share on other sites More sharing options...
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