UNITED STATES NEWS

Lachlan Murdoch explains settlement, says no change at Fox

May 9, 2023, 12:28 PM

NEW YORK (AP) — Fox News paid $787 million to settle a recent lawsuit on its reporting after the 2020 election to avoid a divisive trial and lengthy appeals process, its parent company’s chief executive said on Tuesday.

Lachlan Murdoch, executive chairman and CEO of Fox Corp., also noted that a Delaware judge “severely limited” Fox’s defenses against Dominion Voting Systems, which said the network defamed it by airing bogus charges of election fraud that it knew was untrue.

Fox Corp. announced Tuesday that it had lost $50 million the previous three months, which it attributed to the lawsuit settlement. Murdoch, who answered questions from financial analysts, was speaking in public for the first time since the case ended and Fox fired its most popular anchor, Tucker Carlson.

Murdoch said viewers, and investors, should expect no change in direction from Fox News.

“We made the business decision to resolve this dispute and avoid the acrimony of a divisive trial and multi-year appeal process, a decision clearly in the best interests of the company and its shareholders,” he said.

Fox still believes it was properly exercising its First Amendment rights to report on newsworthy fraud allegations made by former President Donald Trump, even though that defense was shot down in a pre-trial court ruling in the Dominion case, Murdoch said.

That’s important, since Murdoch said Fox intends to use the same defense against a similar lawsuit by another elections technology company, Smartmatic. That case is not expected to go to trial until at least 2025, he said.

Despite being asked directly about Carlson’s exit, Murdoch didn’t mention the former prime-time host’s name and referred to his reign obliquely. Fox has not explained why it cut ties with Carlson.

“There’s no change in programming strategy at Fox News,” he said. “It’s obviously a successful strategy. As always, we are adjusting our programming and our lineup and that’s what we continue to do.”

Although hurt by the Carlson exit, Fox News remains the leading cable news network.

Fox has lost viewers following Carlson’s firing. Last week’s substitute host, Lawrence Jones, reached between 1.28 million and 1.7 million last week in a time slot where Carlson usually drew around 3 million, the Nielsen company said.

Yet Fox has gained more than 40 new advertisers in that hour, the network said, confirming a report in Variety. Advertisers like Gillette, Scott’s Miracle Gro and Secret deodorant that had considered Carlson’s show a toxic environment have signed on.

United States News

Associated Press

YouTuber who staged California plane crash gets 6 months in prison for obstructing investigation

LOS ANGELES (AP) — An influencer who staged a California plane crash to make a YouTube video of himself parachuting to safety was sentenced Monday to six months in federal prison for obstructing the investigation by destroying the wreckage, the U.S. Justice Department said Monday. Trevor Daniel Jacob, 30, an experienced pilot and skydiver, pleaded […]

2 hours ago

Associated Press

Virginia police investigate explosion at house where officers were trying to serve a search warrant

ARLINGTON, Va. (AP) — Police in a Virginia suburb of the nation’s capital are investigating a massive explosion at a house where police were investigating reports of shots fired and attempted to serve a search warrant Monday. Some officers received minor injuries in the explosion, but no one was transported to the hospital, said Arlington […]

2 hours ago

FILE - A hiring sign is displayed at a grocery store, Oct. 5, 2023, in Deerfield, Ill. Most busines...

Associated Press

Economists predict US inflation will keep cooling and the economy can avoid a recession

Most business economists think the U.S. economy could avoid a recession next year, even if the job market ends up weakening under the weight of high interest rates, according to a survey released Monday.

3 hours ago

Associated Press

Photographs capture humpback whale’s Seattle visit, breaching in waters in front of Space Needle

Seattle (AP) — Pictures released by a conservation group show a young humpback whale breaching in front of the Space Needle as it visited the waters off Seattle last week, capturing a rare display of wildlife next to a major city. The photos were also used to gauge the general health of the whale and […]

3 hours ago

FILE - President Joe Biden's son, Hunter Biden, leaves after a court appearance, July 26, 2023, in ...

Associated Press

Prosecutors push back against Hunter Biden’s move to subpoena Trump documents in gun case

WASHINGTON (AP) — Prosecutors pushed back Monday against Hunter Biden’s move to subpoena documents from Donald Trump and former Justice Department officials in the firearms case filed against the president’s son. They argued that Hunter Biden doesn’t have enough evidence to support his claims of potential political interference in the criminal investigation against him and […]

4 hours ago

(Maricopa County Sheriff's Office Photo)...

Associated Press

Treasury creates new strike force as US and China pursue crackdown on illicit fentanyl trafficking

The Treasury Department on Monday announced a new strike force to help combat illicit fentanyl trafficking as the U.S. and China step up stop efforts.

4 hours ago

Sponsored Articles

Follow @KTAR923...

The best ways to honor our heroes on Veterans Day and give back to the community

Veterans Day is fast approaching and there's no better way to support our veterans than to donate to the Military Assistance Mission.

...

Desert Institute for Spine Care

Desert Institute for Spine Care (DISC) wants to help Valley residents address back, neck issues through awake spine surgery

As the weather begins to change, those with back issues can no longer rely on the dry heat to aid their backs. That's where DISC comes in.

...

Midwestern University

Midwestern University: innovating Arizona health care education

Midwestern University’s Glendale Campus near Loop 101 and 59th Avenue is an established leader in health care education and one of Arizona’s largest and most valuable health care resources.

Lachlan Murdoch explains settlement, says no change at Fox