In April, Dominion Voting Systems and Fox News settled after the company filed a lawsuit against the media outlet. However, Rupert Murdoch, Chair of Fox Corporation and Executive Chairman of News Corp, might have miscalculated how much he’d have to pay in a settlement.
In his new book, The Fall: The End of FOX News and the Murdoch Dynasty, Michael Wolff wrote that Murdoch believed he would pay $50 million when Dominion sued for $1.6 billion.
Wolff writes: “Money. ‘This lawsuit could cost us fifty million dollars,’ [Murdoch] said quietly, but clearly.” Nonetheless, the two “ended up settling on $787.5 million. It is unclear what the settlement entailed.
Tucker Carlson, formerly a Fox News host, claims that his termination was part of the agreement, which both Fox News and Dominion deny. Smartmatic, another maker of election machines, has filed a $2.7 billion lawsuit against Fox News.
A Fox News spokesperson commented on the note from Wolff’s book: “The fact that this author’s books are spoofed by Saturday Night Live is really all we need to know.”
Eduardo Razo is the Assistant Content Editor for BNM, which includes writing daily news stories on the news media industry. He can be found on Twitter @eddierazo_ or you can reach him by email at eddie1991razo@gmail.com.