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Added on the 26/09/2018 10:18:37 - Copyright : Wochit
Fox News reaches a settlement for $787.5 million in a major defamation case, avoiding a high-profile trial that would have tested the extent of free speech rights for media in America. The settlement represents "vindication and accountability," the voting machine company's lawyer says during a press briefing. "Lies have consequences," he adds. SOUNDBITE
Legal teams arrive at the Leonard Williams Justice Center, where the Dominion Voting Systems defamation trial against FOX News is taking place, with opening arguments expected Tuesday, in Wilmington, Delaware. IMAGES
For years, President Donald Trump was a Fox News superfan, routinely phoning in to give impromptu interviews and receive gushing praise. But now, Business Insider reports Trump is waging war against the network. What's more, he's encouraging his supporters to migrate over to more MAGA-friendly channels like Newsmax and One America News Network. As it increasingly challenges Trump's baseless election fraud claims, Fox News is under a siege of its own making. With its recognition of Joe Biden as President-elect, Fox News' favorability ratings among Republicans fell by 13% following the election.
Possibly referring to himself as 'the Golden Goose' that had been forgotten, President Donald Trump on Thursday ratcheted up his attacks on Fox News. The president regularly tweets Fox News clips of guests or hosts praising him. He's also been critical of the Rupert Murdoch-owned network. Trump and Fox News have blown hot and cold together over the years. However, when Fox named Joe Biden president-elect, it seemed to be the last straw. According to Business Insider, Trump retweeted several regular Twitter users' complaints about the network--and registered his own. A few said they wanted to switch from Fox News to Newsmax, a less widely distributed but more explicitly pro-Trump network.
On Thursday, Fox Corp. stock dropped as much as 6% on Thursday. The dip came after Pres. Donald Trump retweeted support for its rival right-leaning news networks Newsmax and OANN. Trump and his supporters have been irritated by Fox News since it called the state of Arizona for Joe Biden on election night. According to Axios Trump could have his eyes set on creating his own news network to directly compete with Fox. "Very sad to watch this happen, but they forgot what made them successful, what got them there..."
Multiple major news outlets, including Fox News, have declared former Vice President Joe Biden the projected winner of the 2020 election. However, President Donald Trump has refused to concede. He is rejecting the results, litigating in court, and is claiming there was massive voter fraud. Even so, Fox News cut off Trump spokesperson Kayleigh McEnany in a press conference on Monday, as she pushed Trump's entirely unsubstantiated claims. I can't in good countenance continue to show you this. Fox News anchor Neil Cavuto According to Business Insider, Trump has also refused to commit to a peaceful transfer of power prior to Election Day.