For a relatively small company, estimated to be worth between $30 million and $80 million, a $787.5 million settlement soothes over a lot of reputational damage. The company’s top lawyer said Dominion was looking for accountability: $787 million dollars is a LOT of accountability. All Fox did was issue a weaselly statement: “We acknowledge the Court’s rulings finding certain claims about Dominion to be false.”We acknowledge? Moving forward, the real accountability rests with Fox viewers and advertisers. But if viewers continue to watch, and advertisers continue to write checks, I doubt anything substantively changes.
Source: Fox News April 21, 2023 20:36 UTC