Fox News

Who’s Paying Fox’s $787.5 Million Settlement With Dominion?

The American and Fox flags fly outside the News Corp. Building and Fox News Headquarters, Wednesday, April 19, 2023, in New York. Fox News’ nearly $800 million settlement of a voting machine company's defamation lawsuit marks the first milestone in a larger legal strategy designed to combat the false claims and conspiracy theories about elections that have rippled through the United States for nearly three years. (AP Photo/Mary Altaffer)

It’s business as usual

If you pay for cable or satellite TV, you’re subsidizing Fox News, whether you watch it or not.

Meanwhile, Fox’s stock price took a brief three percent dip when the settlement was announced on Tuesday. Within 24 hours, it was back to where it had been beforehand and indeed was trading at almost exactly where it had been on Election Day 2020.

Source: Who’s Paying Fox’s $787.5 Million Settlement With Dominion?

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