I’m disappointed that the Dominion-Fox News case didn’t go to trial. A full airing of evidence would have exposed Fox as a willing purveyor of #disinformation
That said, 787m USD is no small price to pay along with a mealy mouthed acknowledgment of the falsity of their reporting
#NewsMedia #News #FoxNews #dominion
https://www.nytimes.com/2023/04/18/technology/fox-news-dominion-settlement.html
/2 While I accept the notion that the $787 m #FoxDominion settlement is certainly bearable, I think the scale of the payment will have a chilling effect on the purveyors of #disinformation. This agreement is not going to give shareholders of Fox Corp a warm fuzzy as it disrupts a #news business model predicated on lies and will take a huge chunk out of this year’s profits - likely more than 50%.
https://www.theatlantic.com/ideas/archive/2023/04/fox-news-lost-lawsuit-won-war/673760
The settlement will not slow down the rhetoric or bile -- that's how they make their money and now that the settlement absolves them, they can go back to business as usual.
The settlement was a big win for Fox: they don't have their talent on video in court admitting they all knew trump was full of crap and they get to take a tax write off for the settlement amount.
Murdoch is laughing all the time writing that check....
I think the landscape has changed as a result of #FoxDominion. The scale of the settlement has put #NewsMedia companies on notice that they can no longer hide behind #FreedomOfSpeech defenses when found to have engaged in malicious #defamation
#FoxNews is staring down the barrel of another defamation suit from #Smartmatic. Difficult to expect that the same pattern of lies will not yield a similar settlement. With that, all of #Fox’s profits evaporate for the year
It will be interesting to see what happens but hate, disinformation and appealing to the worst in the American society is big money and never for a moment forget that Murdoch isn't totally in this for the money, he's a nut job and has been for decades.
Yes, I'm anxious for the other Dominion suits to start. I want to see Guiliani weeping in a drunken stupor in court and want Smartmatic to slam Fox and the rest of them and get them into a courtroom.
Yeah, we may yet see some good