commitment to facts. misinformation will not go away. it may only get worse. this litigation cannot solve all problems. all of us remain. ever vigilant. to find common factual ground. today represents a ringing endorsement. for truth. and for democracy. and with that , i d like to introduce the ceo of dominion voting systems. john polos. yeah. thank you. fox and dominion have reached on historic settlement. fox has admitted to telling lies about dominion. that caused enormous damage to my company. our
company. through all this. we re all very proud of them. i also want to thank our attorneys have both susman godfrey. and claire lock for all their hard work. without their efforts and resolve. the truth that has been exposed. over the course of the last several months. may have never seen the light of day. thank you hi stephen shackelford with susman. godfrey. i am so proud to be here today representing dominion. it s a great day for the company, although a bittersweet day for the company. as i was preparing today to give the opening that we never got to never got to give i was reminded of the hell that the dominion employees went through and continue to go through to this day. money is accountability. and we got that today from fox. but we re not done yet. we ve
787 million million dollars now . yes this is half of what dominion was asking. but as you and i have discussed on air, i didn t think there was any way they would get $1.6 billion even when they proved their case, even if they approved it overwhelmingly to a jury, let s remember. by its own estimation , dominion value the entire company at somewhere between 30 and $80 million. this settlement is 10 times the value of dominion as an entire company. that s how strong a statement this is with this number. and i guess that answers the question . i was going to ask laura, which is and we noted this minutes ago before the press conference. dominion is owned by a private equity firm. so a 787,500,000. check worth much, much more than the company really solves the problem right ? even though dominion talked about the reputational damage the company faced they can just shut down dominion start again
, die hard supporters of the former president, they re still staying in his column. for now, however, other republicans are looking for other options, especially after these charges. teddy freeman, cnn media, pennsylvania, several prominent fox news hosts will be called to testify in dominion voting systems defamation case. the trial against the network to me is suing fox for $1.6 billion, claiming the network pushed various pro trump conspiracy there. freeze. about the election technology company. in court filings, the network said it would call as part of its defense took a carlson, sean hannity and other high profile hosts and executives. dominion also wants to question them as part of their case. we re following the severe weather across the u. s. midwest and south more than 60. million people in the u. s under some level of severe weather threat. a tornado has just been reported in arkansas, which is under a tornado watch until later today , along with portions of illinois and mis