and so that s making the way through the core system as well. smartmatic actually just put out a statement their lead attorney, i want to read it to you, jack. we just got this, he said dominions litigation exposed some of the misconduct and damaged caused by fox s disinformation campaign. smartmatic will expose the rest . and so there is more litigation jake for fox news to deal with down the line, but still $787 million is not is not a small figure for fox to have to shell out for those lies no and as was noted earlier by elie honig. the company isn t even worth $100 million, much less $787,500,000. oliver darcy, thanks so much. keep telling us news as it develops. let s bring back cnn legal analysts laura coates. and elie honig, ellen. and what do you make about the fact that the settlement amount was not confidential? i m sure fox would have preferred that it was, of course, this is a really surprising and important detail here, jake that the amount is
were going to prevail. this is a huge amount of money. they probably already endured quite a bit of attorneys fees. this is about half of the $1.6 billion that they had asked for from the dominion side, saying that money is accountability. but let me tell you the part that made me lean in and that s when they said we re not done yet. there are others who still need accounting. this is not the end of the road, because, remember, it s one thing you were talking about fox news, but there were also people individuals who are also vocalizing similarities. and you asked about whether a precedent was set. you better believe that everyone who is related to this particular news working ization that made these statements knowing later with the consciousness regard also are subject to some of the similar requirements of not shaming someone. and so if this is what fox is willing to do, you can imagine what the individual would need to do. and it seems very clear. i m glad they mentioned because we
restraints. it actually has things you cannot do and cannot go beyond and one of them is defamation. you cannot use your platform and to try to hide behind the first amendment by saying lies and there s lies had consequences to individuals to a corporation. and don t forget the larger picture here. we re talking as we go into an election year presidential election year from the last one, but it has people believing that somehow this company was integral in trying to promote an election related lie that did not happen and let s remember there s still another defamation trial. i believe that fox is facing from smart, manic, a different, uh, election technology company. stick around . we re going to take a quick break. we ll be right back with more coverage of this breaking historic day. an epic c crime story. when they come for you become at what you love most in life, two of the most respected writers in the world loved on
got some other people who have some accountability coming towards them. and i m very proud of the team from susman godfrey that has worked tirelessly for this case. we ll move right on to the next one. thank you. did you get that apology from track statement from fox coming? anything else? anything on fox air? is there anything else in this settlement besides money? davina brooke assessment, godfrey. one last. thank you, which is really to all of you. for being with us on this journey. we appreciate what you ve done to help us and to help expose what we were able to discover over the course of this process. and so thank you, and we ll see you at the next one. technology, so we just heard from lawyers representing dominion. after the company settled with fox, the attorney justin nelson,
not confidential. and that s why we just saw dominion get out and proudly announced this really astonishing figure. i mean, it is, as we just said, it is 10 times what dominion is worth. and so this dollar figure is, of course, about the bottom line. like you noted. dominion is not a large company. it s a privately held company they have about 202 150 employees. this is an overwhelming amount of money , but it s also a statement. it s also about the message that this dollar amount sends to fox news into the public about fox news lies laura oliver mentioned that fox is still facing this other major defamation lawsuit from smartmatic, another voting technology company that was smeared by fox after the 2020 election. that case is still in the discovery process. um how might this as far as i can tell historic settlement $787,500,000 . how might that affect the smartmatic case? well, it s about 700. what 85 million tea leaves now to read for the other