Mood inside Fox ‘ebullient’ after Dominion settlement
Mood inside Fox ‘ebullient’ after Dominion settlement This week’s biggest surprise was Tuesday’s last-ditch $787 million settlement of the Dominion v. Fox News lawsuit. Despite the eye-watering payout, Fox sources tell Cockburn that the mood internally at the network was “ebullient.” This is perhaps unsurprising, given how Fox’s foes were slavering at the prospect of Rupert Murdoch, Tucker Carlson, Sean Hannity et al being hauled before the court. Also Cockburn understands that Fox will only end up shelling out around half of the settlement fee, due to insurance liability coverage. Plus, the payout is tax deductible: what a bargain! Cockburn guesses we’ll have to wait for the next trial of the century...
