Fox Corp and Fox News have agreed to settle the Dominion Voting Systems defamation lawsuit for $787.5M.
The settlement came in the final hour as the trial for the lawsuit was about to begin in Delaware Superior Court on Tuesday. The trial had been delayed by one day on news that both parties were discussing a settlement.
- Dominion sued Fox for $1.6B over false claims that Dominion’s machines swayed the outcome of the 2020 presidential election.
- The weekslong trial could have seen top Fox TV hosts like Tucker Carlson and company CEO Rupert Murdoch publicly testify.
- Dominion CEO John Poulos, while addressing reports outside the court, said Fox admitted to spreading false information about the company.
- Poulos noted that truthful reporting in the media is essential to U.S. democracy.
- Fox is also facing a similar defamation lawsuit by another voting machine company, Smartmatic, over the network’s statements about the 2020 presidential election.
