had, it already, i think, di have and you are right that nothing is going to penetrate the fo bubble there would ve been possibility in the way other large cases in american histor have done and maybe the januar 6th committee was aiming for this of establishing a socia fact in the broad middle not for all of a sudden fox to have the scales fall from thei eyes there are things that could ve happened, including a carefull crafted apology that will no now. it will just be a muddle and foxville go on with its weighs more easily than it would ve i it had been a blockbuster we anticipated. quick follow-up on that i think there will be some shareholder losses this isn t a more nice amoun of money that comes from murdaugh s management. harry, there is a chance, think there is going to be shareholder lawsuits that migh have their own effect once tha ball starts rolling. 100%. that would ve already been the case all i m saying is, the opportunity cost of not having this evidence here for a p
people but they re not serious people they re really not how does any board i talked to one ceo after another ceo that run big companies they don t know how this is allowed to happen at a company $800 million exposure. they humiliated all of their hosts. they could have protected their hosts. from this humiliation. it s the worst of all worlds they re exposed. my point is, they don t print that much of money at what point, is there a reckoning over there puts up guardrails editorial another thing we haven t mentioned there could also be shareholder lawsuits, depending on how much this 800 million is
georgia case and in the jack smith inquiries in washington, d.c., and special counsel. there are all these other lawsuits there s the smartmatic lawsuit, there are the potentially the shareholder lawsuits against fox news, this is going to go on for a while and i want to remind people, you got used to hearing about dominion voting systems and you will hear about smartmatic with its $2.6 billion lawsuit against fox news, that s the next big defamation case let s place this one piece of sound to remind you, here s sydney powell back in november of 2020 talking not just about dominion but this other voting systems company called smartmatic that s suing fox news let s listen to that. we now have reams and reams of actual documents from smartmatic and dominion, including evidence that they planned and executed all of this. the president s lawyers alleging a company called dominion which they say started in venezuela with cuban money and the assistance of smartmatic
right to sort of publish stuff without censorship. i m joined now by angelo carusone, president and ceo of the watchdog media matters america. thank media matters america. you so much forjoining us. thank you so much forjoining us. firstly i want to ask about the money. three quarters of a billion dollars with up an extraordinary amount of money for you and i but actually half of what the menu was asking for. what do you make of the settlement? settlement? it s obviously a significant settlement? it s obviously a significant number - settlement? it s obviously a significant number and - settlement? it s obviously a significant number and we l significant number and we shouldn t dismiss that. it is a really, really large number. it s half of fox news profits for a year. it is significant for a year. it is significant for that from a financial perspective and fiduciary perspective, they will be susceptible to consecrating shareholder lawsuits as a result of their conduct leading them
tucker carlson has been a ratings leader there. he s been the conversation driver for fox for years. does this lawsuit as you see it threaten that, his show, his professional existence? well, you might think it would except he s kind of spent the last week since the latest dominion revelations doubling and tripling down on the act. maybe he knows something or has a theory of the case. maybe he thinks he s unfireable. maybe he s playing a stop me before i kill again game with rupert trying to get himself fired so he can make himself a martyr. i don t think this will be fatal for fox. it would be a big blow, i think it could trigger shareholder lawsuits. but fox is a giant atm machine. it s not something they want to lose for sure, and i do think there is going to be a considerable blood letting down the road.