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Transcripts for CNN The Lead With Jake Tapper 20240604 20:14:00

readily understand their incentive here in settling this, laura, i m i m not a lawyer. i don t know much about this kind of thing. the dominion was doing for $1.6 billion. is that like a realistic price tag that they could have gotten from fox? what do you what do you think this situation? i mean, obviously, it s all speculative. but could they have gotten $1.6 billion? what do you think they would have had to fax would have had to offer to settle. fox believe that number was grossly exaggerated and not accurate, but what it was based on according to the dominion lawyers is the idea of either two things every time you re assessing damage, which results in either a reputational harm or otherwise, either the profit that you stand to lose. usually there is a fixed amount of time in terms of the impact statements that are made, you re a less profitable you calculate the profit the other way is kind of the enterprise. meaning what is the hit? you will take on a permanent basis to your actua

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Transcripts for CNN The Lead With Jake Tapper 20240604 20:23:00

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

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Transcripts for MSNBC The ReidOut 20240604 23:06:00

the head of the right-wing media at par, murdoch has unfettered power to shape the world in his image, a world that is antiabortion and for big business and taft cut. this chaotic poison is designed to be this way. it has real-world consequences. the man who tried to crush capitol police officer, daniel hodges on january 6th, that he was radicalized by watching fox. he was just sentenced to more than seven years in prison he is not alone. a string of january 6th defendants have accused the network of infecting them with misinformation or downright brainwashing them. fox executives understand how serious the dominion case is one senior fox staffer told vanity fair, if we lose the suit, it is bad. malcolm turnbull, the former prime minister of australia and former journalist himself has known rupert murdoch for more than four decades. he is accused his fellow

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Transcripts for MSNBC The ReidOut 20240604 23:03:00

evidence suggests that they knew they were amplifying the big lie and undermining american democracy. make no mistake, this $1.6 billion defamation suit is the biggest crisis to threaten the multibillion-dollar company sent its inception. fox over lloyd and logan roy, rupert murdoch. oversees a global media empire that has earned billions of dollars often by pumping racism, misogyny, and outright lies into conservative audiences in europe, australia and here in the u.s. zero regard for the havoc it has wrought around the world. fox has been the crown jewel in murdoch s empire and has granted him exceptional power to shape public opinion. which he has chosen to do mainly by monetizing hate. here is just a taste of what his host with saying things

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Transcripts for MSNBC The ReidOut 20240604 23:02:00

he once said murdoch has done more to undermine democracy than any other individual alive. the daily show jordan klepper returns to the reidout. he has a lot to say about clarence thomas, trump, ron desantis and more. we begin reidout with the landmark case against fox . in roughly 72 hours, 12 jurors and 12 arguments will finally begin to hear the case in which they decide if fox and its anchors the famed dominion voting systems using actual malice. by knowing falsifying and recklessly disregarding the truth. when the right ring network air conspiracy theories about dominion s voting machines, supposedly feeling the 2020 election. while fox is insisted they did not act with actual malice they have faced a string of revelations. that have exposed their hoax and the news anchors as pure propaganda.

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