happened here externally internally i think their shareholders if i had fox stock, i d be concerned this evening. $787.5 million that s three quarters of a billion dollars. that is just 75%, basically, of what dominion was originally asking for shareholders were concerned about that someone at fox is going to have to answer for this i highly doubt it will be talent there s more reports there s new york times reporting on it that talked about a fall person, if you will, could be one of the executives, not rupert murdoch, but the person that was interacting with the talent whose job it was at fox news to parse out if what they were saying was true or not i think the lesson here going forward is the truth does matter it is very important to speak plainly, to speak with facts and when someone is lying to call it a lie and show your work as to why that is. juanita, that is a lesson we wish we did not need
MSNBC Katy Tur Reports June 4, 2024 19:21:30 archive.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from archive.org Daily Mail and Mail on Sunday newspapers.
and some top allies of former president trump. what does this trial mean for those cases? i think a lot depends, jose, on how this trial ends up for dominion certainly a victory here will be a signal to some of those other parties that engaging in settlement negotiations sooner rather than later may be to their benefit. one really interesting feature of this trial is the actual malice standard. the judge has already held that the statements at issue are false, but what dominion has to prove is that fox actually knew the statements were false or recklessly disregarded them. a number of people have said that standard is way too high. if dominion can meet that high bar vis-a-vis fox, that s a bad signal to other parties that are parties to litigation with dom dominion. so just how legally complicated is establishing that for this specific case you know, jose, usually it would be pretty complicated, but the amount of discovery in this case has been extensive.
been settled already, nick, has been surprising to a lot of people who have been watching. they assumed that fox would want to get this out of their hair. as i understand it from the reporting that s out there, it s not fox who hasn t been trying to settle. it s dominion who has been saying, or dominion has been asking for things that fox won t acquiesce to the hard part here is what are the pain points and necessary parts of the settlement one thing dominion is clear on, they want an apology ask yourself how that would look on fox, right? what this case is about is fox hosts and guests lying about the results of the 2020 elections and their implications there are still fox hosts on the air right now who lie about the implications of the elections and cash january 6th as a noble insurrection against, you know a wronged loss how can they apologize for something they re still doing. and which is essential to their business model, which is to keep happy the audience that believes that t
statements, it can happen. as they yuf euphemistically say on the courthouse steps, and can happen when the jury gets the case and is deliberating at any moment in time it does look like for now, we re going to court tomorrow. lawyers for fox says dominion has lowered what they re seeking in damages by a half a billion dollars. what can you tell us on that front? yeah, well, i mean, this is interesting. fox has disputed the 1.6 billion in dollars that dominion has alleged that has been inflicted upon them in this process, but there is a dispute over the characterization of what dominion has done. fox says dominion has said they re going to roll back the profit damages to the tune of $600 million, with a billion dollars in reputational damage dominion hit back today from a spokesperson saying that s actually not true at all it still stands at $1.6 billion. all right the fact of this case hasn t