Fox News and Dominion Voting Systems on Tuesday reached a settlement over claims that the conservative cable news juggernaut defamed the election infrastructure company by broadcasting allegations that the 2020 presidential election had been "stolen" from former President Donald Trump, despite knowing internally that those statements were wholly untrue. Rather than continuing with what would have been a likely sensational trial for a requested $1.6 billion in damages, Dominion attorneys announced outside the Delaware courthouse that they had settled for $787.5 million, hailing the agreement as a "ringing endorsement for truth and for democracy" and saying that the "money is accountability."
"We acknowledge the Court's rulings finding certain claims about Dominion to be false," Fox said in a brief statement following the surprise announcement by presiding Judge Eric Davis that "the parties have resolved the case." The network said the settlement "reflects FOX's continued commitment to the highest journalistic standards."
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