FOX News Pay $787m Fine Over Reportage Of US 2020 Presidential Poll
FOX news has settled a defamation lawsuit from the voting machine company, dominion, over its reporting of the 2020 presidential election.
In a last-minute settlement before trial, the network agreed to pay $787.5m (£634m) – about half of the $1.6bn initially sought by dominion.
Dominion argued its business was harmed by fox spreading false claims the vote had been rigged against donald trump.
The deal spares FOX executives such as rupert murdoch from having to testify.
The judge in the case is not required to give his approval for the agreement.
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FOXnews said Tuesday’s settlement in one of the most anticipated defamation trials in recent us history reflected its “commitment to the highest journalistic standards”
Dominion chief executive John Poulos told a press conference the deal included FOXnews “admitting to telling lies, causing enormous damage to my company”.
