The fallout from the landmark $787.5-million Fox News paid to settle the Dominion Voting Systems defamation case continued to reverberate Tuesday as parent company Fox Corp. reported a $50-million loss in the third quarter.
Kayleigh McEnany fills in next week for ousted Tucker Carlson on the heels of making a racially offensive remark on another Fox News show.cost the company $850 million and was the main source of the loss in the quarter, despite an 18% increase in revenues to $4.08 billion.The Dominion case alleged Fox News damaged the company’s reputation when the network repeatedly spread falsehoods about voter fraud in the 2020 election, and its aftermath has disrupted the top-rated cable news network.
The evidence and depositions in the Dominion case revealed texts by Carlson that were critical of Fox News correspondents who fact-checked the unfounded election fraud claims on the network, even though he did not believe them himself.
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