Earlier this week, Fox News finally paid a price after years of spreading lies and misinformation — and at $787.5 million it was, to put it mildly, an extraordinarily expensive lesson. To settle the defamation case brought by Dominion Voting Systems over false allegations of voter fraud related to the 2020 election, Fox will pay one of the largest monetary settlements ever made by a media company in a defamation case.
More than a few critics of the agreement, however, are publicly wondering whether Fox really learned its lesson. "Rupert wins again" declared Politico press critic Jack Shafer, in a reference to Fox's chairman Rupert Murdoch. While $787.5 million is nothing to sneeze at, Fox News has more than $4 billion in cash on hand. So it's not as if they can't afford to pay Dominion.
This is a preview of Michael A. Cohen's latest article. Read the full column here. |