The suit was for $1.6 Billion. Both sides knew the trial would be difficult to win. Settling for a $787.5-million payout was compromise both sides could live with.
Fox won because they did not agree to a public apology. The payout was sufficient but without that apology they have shown they can say whatever they want and call it news.
The Los Angeles Times laid out the situation succinctly. Fox Corp. is in for more battles. More justice will be dealt out and that is a good thing.
Has Fox News and Fox Corp. learned a lesson about not reporting lies? I doubt it!
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