Please ensure Javascript is enabled for purposes of website accessibility

Military Veteran Rios Challenging Costa for Congress in 2026

23 hours ago

OpenAI to Release Web Browser in Challenge to Google Chrome

23 hours ago

Fuel Shortage Threatens to Turn Gaza’s Biggest Hospital Into Graveyard, Doctors Say

24 hours ago

Why Measure C Is Not Measured

24 hours ago

California Highway Patrol Makes 1,311 DUI Arrests During Independence Day Weekend

1 day ago

Death Toll Reaches at Least 119 in Texas Floods, With 173 Missing

1 day ago

Nathan Magsig: Why Our Second Amendment Resolution Matters to the People of the Central Valley

1 day ago

Horse Racing May Be Out at Fresno Fair, but New Events Promise to Pack Grandstands

1 day ago

Wall Street Shakes off Tariff Concerns, Nvidia Leaps to $4 Trillion

1 day ago

Who Will Dyer Support as His Successor? We Asked Him.

1 day ago
Lachlan Murdoch Explains Settlement, Says No Change at Fox
gvw_ap_news
By Associated Press
Published 2 years ago on
May 10, 2023

Share

Getting your Trinity Audio player ready...

NEW YORK — Fox News paid $787 million to settle a recent lawsuit on its reporting after the 2020 election to avoid a divisive trial and lengthy appeals process, its parent company’s chief executive said on Tuesday.

Lachlan Murdoch, executive chairman and CEO of Fox Corp., also noted that a Delaware judge “severely limited” Fox’s defenses against Dominion Voting Systems, which said the network defamed it by airing bogus charges of election fraud that it knew was untrue.

Fox Corp. announced Tuesday that it had lost $50 million the previous three months, which it attributed to the lawsuit settlement. Murdoch, who answered questions from financial analysts, was speaking in public for the first time since the case ended and Fox fired its most popular anchor, Tucker Carlson.

Murdoch Defends Fox’s First Amendment Rights

Murdoch said viewers, and investors, should expect no change in direction from Fox News.

“We made the business decision to resolve this dispute and avoid the acrimony of a divisive trial and multi-year appeal process, a decision clearly in the best interests of the company and its shareholders,” he said.

Fox still believes it was properly exercising its First Amendment rights to report on newsworthy fraud allegations made by former President Donald Trump, even though that defense was shot down in a pre-trial court ruling in the Dominion case, Murdoch said.

That’s important, since Murdoch said Fox intends to use the same defense against a similar lawsuit by another elections technology company, Smartmatic. That case is not expected to go to trial until at least 2025, he said.

Despite being asked directly about Carlson’s exit, Murdoch didn’t mention the former prime-time host’s name and referred to his reign obliquely. Fox has not explained why it cut ties with Carlson.

“There’s no change in programming strategy at Fox News,” he said. “It’s obviously a successful strategy. As always, we are adjusting our programming and our lineup and that’s what we continue to do.”

Despite Carlson’s Exit, Fox News Remains Leading Cable News Network

Although hurt by the Carlson exit, Fox News remains the leading cable news network.

Fox has lost viewers following Carlson’s firing. Last week’s substitute host, Lawrence Jones, reached between 1.28 million and 1.7 million last week in a time slot where Carlson usually drew around 3 million, the Nielsen company said.

Yet Fox has gained more than 40 new advertisers in that hour, the network said, confirming a report in Variety. Advertisers like Gillette, Scott’s Miracle Gro and Secret deodorant that had considered Carlson’s show a toxic environment have signed on.

RELATED TOPICS:

DON'T MISS

What Are Fresno Real Estate Experts Predicting for 2025 and Beyond?

DON'T MISS

First California EV Mandates Hit Automakers This Year. Most Are Not Even Close

DON'T MISS

Hiker Rescued by Helicopter After Injury on Pacific Crest Trail in Kern County

DON'T MISS

US Military Delivering Some Weapons to Ukraine After Pause

DON'T MISS

Qantas Confirms Personal Data of Over a Million Customers Leaked in Breach

DON'T MISS

US Sanctions UN Expert Critical of Israel’s War in Gaza

DON'T MISS

Madera County Structure Fire Spreads to Vegetation in Coarsegold Area, Evacuations Ordered

DON'T MISS

Valley Crime Stoppers’ Most Wanted Person of the Day: Guadalupe Gilberto Moreno

DON'T MISS

Blackstone Businesses Demand Fresno Homeless Orgs Stop Drop-Offs on Private Property

DON'T MISS

Madera Driver ‘Extremely Intoxicated’ in Crash, Arrested for DUI

DON'T MISS

Six Crew Rescued, 15 Missing After Houthis Sink Latest Greek Ship in Red Sea

DON'T MISS

Trump Administration Threatens Harvard’s Accreditation, Seeks Records on Foreign Students

UP NEXT

Trump Says US Will Charge Brazil With 50% Tariff

UP NEXT

Fresno Breaks Ground on ‘Long Overdue’ 911 Center

UP NEXT

US Senate Votes to Confirm Republic CEO to Head Federal Aviation Administration

UP NEXT

Who Will Dyer Support as His Successor? We Asked Him.

UP NEXT

Trump Issues Tariff Letters to Six Countries

UP NEXT

Netanyahu and Trump Prioritize Hostages as Gaza Military Campaign Grinds On

UP NEXT

Lawrence Summers: This Law Made Me Ashamed of My Country

UP NEXT

Trump Administration Sues California Over Transgender Athletes in Schools

UP NEXT

Are Former Measure C Execs Pushing Their Own Ballot Measure?

UP NEXT

US Justice Department Scrambles to Defend Its About-Face on Release of Epstein Files

Froot Loops Maker WK Kellogg Agrees to $3.1 Billion Deal From Italy’s Ferrero

1 hour ago

China Signals Willingness to Sell Fighter Jets as Iran Eyes J-10 Aircraft

1 hour ago

Tulare County Man Arrested in Ivanhoe Shooting, Second Suspect Still at Large

1 hour ago

Tiger-Striped Trixie Is a Pro When It Comes to Taking Cozy Naps

2 hours ago

Democrats Release Texts, Emails to Boost Claims Trump Nominee Urged Defiance of Courts

2 hours ago

Fresno Police Seek Public’s Help in Finding Missing 16-Year-Old Girl

2 hours ago

Ford Recalls More Than 850,000 Vehicles in US Over Fuel Pump Defect

2 hours ago

Walmart Recalls Ozark Trail Bottles After Three Reported Injuries, US Agency Says

2 hours ago

FEMA Is Holding Up $2.4 Billion in Grants to Fight Terrorism, States Say

2 hours ago

US Coffee, Orange Juice Prices Could Surge if Trump’s Brazil Tariffs Stick

2 hours ago

Fresno Police Arrest Suspect in Stabbing That Left Man Critically Injured

A man is in custody after a stabbing left another man critically injured in northeast Fresno earlier this week, police said. Officers respon...

3 minutes ago

Joshua White was arrested on suspicion of attempted murder after allegedly stabbing a man multiple times in northeast Fresno. (Fresno PD)
3 minutes ago

Fresno Police Arrest Suspect in Stabbing That Left Man Critically Injured

8 minutes ago

Madera County Authorities Seek Next of Kin for North Fork Man

Representations of the Bitcoin cryptocurrency are seen in this illustration picture taken June 7, 2021. (Reuters File)
20 minutes ago

Bitcoin Hits Fresh Record High

Kellogg's Frosted Flakes, owned by Kellogg Company, is seen for sale in a store in Queens, New York City, U.S., February 7, 2022. (Reuters File)
1 hour ago

Froot Loops Maker WK Kellogg Agrees to $3.1 Billion Deal From Italy’s Ferrero

1 hour ago

China Signals Willingness to Sell Fighter Jets as Iran Eyes J-10 Aircraft

Tulare County deputies arrested Sotero Flores, 47, of Ivanhoe, in connection with a shooting in Ivanhoe that injured a man, while a second suspect, Rigoberto Lopez, 32, of Ivanhoe, remains at large. (Tulare County SO)
1 hour ago

Tulare County Man Arrested in Ivanhoe Shooting, Second Suspect Still at Large

2 hours ago

Tiger-Striped Trixie Is a Pro When It Comes to Taking Cozy Naps

Attorney Emil Bove looks on as U.S. President-elect Donald Trump appears remotely for a sentencing hearing in front of New York State Judge Juan Merchan in the criminal case in which he was convicted in 2024 on charges involving hush money paid to a porn star, at New York Criminal Court in Manhattan in New York City, U.S., on January 10, 2025.
2 hours ago

Democrats Release Texts, Emails to Boost Claims Trump Nominee Urged Defiance of Courts

Help continue the work that gets you the news that matters most.

Search

Send this to a friend