3 ms·

I'm surprised Dominion settled. It had seemed as though Dominion wanted a public apology or a public victory to support their reputation.

by graeme 4y ago

rekttrader 4y ago
780 million reasons to not do it. This will bankroll the executives till the end of time.
- isk517 4y ago
  Also, winning wouldn't have helped their reputation. Chances are if you still believe in the election rigging story the results of this trial wasn't going to be the thing that changed your mind.
blowski 4y ago
On the BBC article: > Dominion chief executive John Poulos told a press conference the deal included Fox "admitting to telling lies, causing enormous damage to my company". https://www.bbc.co.uk/news/world-us-canada-65318654 https://www.bbc.co.uk/news/world-us-canada-65318654
- mrangle 4y ago
  Voting machines were always bullshit. Your company isn't supposed to be involved in democracy, at all.
- graeme 4y ago
  Ah, thanks! This should be higher up
paxys 4y ago
They did get Fox to admit wrongdoing, which is rare in such a settlement. And they got close to a billion dollars out of it. A pretty solid win for them.
sebzim4500 4y ago
This is 30 years revenue for Dominion, even though they would almost certainly have won the case there is no guarantee they would have been awarded this much money.
blululu 4y ago
Their revenue in 2022 was ~$15M - This amounts to about 50 years of revenue for their company risk free. They had a strong case but nothing is certain in a courtroom. It is hard to look at nearly a billion dollars and not take the sure thing.
stefan_ 4y ago
The damages part of their case was weak, and in any case it's owned by VC who will happily take this payday.
ineedasername 4y ago
A bird in the hand is worth two in the bush. A victory at trial, whether the damages were higher or lower than the settlement, would likely have been appealed & fought tool and nail by Fox to reduce the settlement amount. And even then there wouldn't be an admissions of guilt or anything like that-- it would have been spun as just more judicial activism as Fox maintained their innocence. There would never be an apology, never a public victory that Fox News viewers saw and acknowledged as a huge blunder by Fox. This way still still sucks, but maybe some very few will see it as a tacit admission of Dominion's case again against Fox, after all why settle if you're innocent? Though I have my doubts. People are not easily shaken from beliefs held mostly out of ideological alignment.

I'm surprised Dominion settled. It had seemed as though Dominion wanted a public apology or a public victory to support their reputation.

by graeme 4y ago

I'm surprised Dominion settled. It had seemed as though Dominion wanted a public apology or a public victory to support their reputation.

rekttrader 4y ago

780 million reasons to not do it. This will bankroll the executives till the end of time.

isk517 4y ago
Also, winning wouldn't have helped their reputation. Chances are if you still believe in the election rigging story the results of this trial wasn't going to be the thing that changed your mind.

blowski 4y ago

On the BBC article: > Dominion chief executive John Poulos told a press conference the deal included Fox "admitting to telling lies, causing enormous damage to my company". https://www.bbc.co.uk/news/world-us-canada-65318654 https://www.bbc.co.uk/news/world-us-canada-65318654

mrangle 4y ago
Voting machines were always bullshit. Your company isn't supposed to be involved in democracy, at all.
graeme 4y ago
Ah, thanks! This should be higher up

paxys 4y ago

They did get Fox to admit wrongdoing, which is rare in such a settlement. And they got close to a billion dollars out of it. A pretty solid win for them.

sebzim4500 4y ago

This is 30 years revenue for Dominion, even though they would almost certainly have won the case there is no guarantee they would have been awarded this much money.

blululu 4y ago

Their revenue in 2022 was ~$15M - This amounts to about 50 years of revenue for their company risk free. They had a strong case but nothing is certain in a courtroom. It is hard to look at nearly a billion dollars and not take the sure thing.

stefan_ 4y ago

The damages part of their case was weak, and in any case it's owned by VC who will happily take this payday.

ineedasername 4y ago

A bird in the hand is worth two in the bush. A victory at trial, whether the damages were higher or lower than the settlement, would likely have been appealed & fought tool and nail by Fox to reduce the settlement amount. And even then there wouldn't be an admissions of guilt or anything like that-- it would have been spun as just more judicial activism as Fox maintained their innocence. There would never be an apology, never a public victory that Fox News viewers saw and acknowledged as a huge blunder by Fox. This way still still sucks, but maybe some very few will see it as a tacit admission of Dominion's case again against Fox, after all why settle if you're innocent? Though I have my doubts. People are not easily shaken from beliefs held mostly out of ideological alignment.