Inside the Murdoch-Dominion Settlement Chatter

The wallet buster for Fox and the Murdochs in Dominion v. Fox News will whittle down to two calculations: putative damages, and alleged “diminution of enterprise value.”
The real wallet buster for Fox and the Murdochs will whittle down to two calculations: putative damages and alleged “diminution of enterprise value.” Photo: Justin Tallis/AFP
Eriq Gardner
March 13, 2023

Perhaps the greatest legal mystery in Dominion’s $1.6 billion lawsuit is why Fox News hasn’t yet settled to make this P.R. nightmare go away. Tucker Carlson’s texts and Rupert Murdoch’s deposition, in particular, have been an unprecedented embarrassment for the network, evidencing not only the cynicism behind Fox’s decision to air 2020 election nonsense, but also the contempt of its hosts for their own audiences. But as I wrote last month, this case is not quite as straightforward as most think. It’s not just about whether Fox News defamed Dominion, or about the sanctity of the First Amendment. If liability was the sole issue, I bet this dispute would have settled by now.