“How do we not get sued? It’s a great question. We could be CNN,” the Fox Corp. CEO told an investors conference after the rival news network held a chaotic town hall with former president Donald Trump.
Murdoch insisted Fox Corp. settled the Dominion lawsuit at a cost of $787 million after the court limited the company’s ability to use the First Amendment in its defense and the company faced a potential multi-year appeals process.
“Ultimately, it was a difficult decision, but the right decision, because I don’t believe Fox News or any our hosts engaged in any defamation during the whole period, but it was the right business decision,” he added. Asked about Fox News firing Tucker Carlson, Murdoch declined to talk about “programming decisions” at the network, “short of saying all of our decisions are made with the long term interests of the Fox News brand and business at heart.”
If anything, Fox News parting ways with Carlson followed earlier ousters of prime time ratings winners, with no apparent downside for the business. “We’ve done it before, right? You know, Bill O’Reilly was a superstar. Megyn Kelly was a superstar. Glenn Beck was a superstar, and we’re able to move forward with programming decisions that ultimately result in long term growth and profitability of the business,” Murdoch said.Read More About:
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