Tucker out at FoxNews
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He's not that far from the truth. Ratings are dropping like a rock in that time slot.
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I think Rupert has lost a step ...
“Cry havoc and let slip the DOGE of war!”
Those who cheered as J-6 American prisoners were locked in solitary for 18 months without trial, now suddenly fight tooth and nail for foreign terrorists’ "due process". — Buck Sexton
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@Copper said in Tucker out at FoxNews:
He must have done something incredibly stupid to make fox cut lose so many viewers.
Well, he lost nearly a billion dollars a week ago, so maybe that had something to do with his thought process.
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@Jolly said in Tucker out at FoxNews:
I think Rupert has lost a step ...
No, as was already pointed out, he lost close to a billion dollars American.
@Renauda said in Tucker out at FoxNews:
@Jolly said in Tucker out at FoxNews:
I think Rupert has lost a step ...
No, as was already pointed out, he lost close to a billion dollars American.
He lost a lot of that because he lost his #1 weekend show and his #1 primetime show.
“Cry havoc and let slip the DOGE of war!”
Those who cheered as J-6 American prisoners were locked in solitary for 18 months without trial, now suddenly fight tooth and nail for foreign terrorists’ "due process". — Buck Sexton
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@Renauda said in Tucker out at FoxNews:
@Jolly said in Tucker out at FoxNews:
I think Rupert has lost a step ...
No, as was already pointed out, he lost close to a billion dollars American.
He lost a lot of that because he lost his #1 weekend show and his #1 primetime show.
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You know, I still haven’t seen a single clip where Fox News treated the story as undeniably true. I saw them report the allegations, I saw them posit about what the allegations would mean if proven true, but I have not seen a single clip where they stated Dominion had cheated or altered ballots.
The Brad
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You know, I still haven’t seen a single clip where Fox News treated the story as undeniably true. I saw them report the allegations, I saw them posit about what the allegations would mean if proven true, but I have not seen a single clip where they stated Dominion had cheated or altered ballots.
@LuFins-Dad said in Tucker out at FoxNews:
You know, I still haven’t seen a single clip where Fox News treated the story as undeniably true. I saw them report the allegations, I saw them posit about what the allegations would mean if proven true, but I have not seen a single clip where they stated Dominion had cheated or altered ballots.
So why pay out all that money?
I was only joking
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@Renauda said in Tucker out at FoxNews:
@Jolly said in Tucker out at FoxNews:
I think Rupert has lost a step ...
No, as was already pointed out, he lost close to a billion dollars American.
He lost a lot of that because he lost his #1 weekend show and his #1 primetime show.
@Jolly said in Tucker out at FoxNews:
@Renauda said in Tucker out at FoxNews:
@Jolly said in Tucker out at FoxNews:
I think Rupert has lost a step ...
No, as was already pointed out, he lost close to a billion dollars American.
He lost a lot of that because he lost his #1 weekend show and his #1 primetime show.
No, I was talking about the money he lost to Dominion.
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You know, I still haven’t seen a single clip where Fox News treated the story as undeniably true. I saw them report the allegations, I saw them posit about what the allegations would mean if proven true, but I have not seen a single clip where they stated Dominion had cheated or altered ballots.
What got them in legal trouble were two things -
(1) their marquee personalities piling on: Lou Dobbs principally but also Maria Bartiromo and to a lesser extent Tucker and Hannity, and
(2) them repeatedly platforming the crazy crew, Powell, Lindell, Giuliani and Wood, while simultaneously communicating internally that they were bat-shit crazy, publicity-seeking confabulators.
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He lost a lot of that because he lost his #1 weekend show and his #1 primetime show.
An’ don’a you forget, close to a billiona dollars in an out of court settlement.
@Renauda said in Tucker out at FoxNews:
close to a billiona dollars in an out of court settlement.
I've read that insurance is picking up a significant portion of that.
"Now look here, you Baltic gas passer... " - Mik, 6/14/08
The saying, "Lite is just one damn thing after another," is a gross understatement. The damn things overlap.
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@LuFins-Dad said in Tucker out at FoxNews:
You know, I still haven’t seen a single clip where Fox News treated the story as undeniably true. I saw them report the allegations, I saw them posit about what the allegations would mean if proven true, but I have not seen a single clip where they stated Dominion had cheated or altered ballots.
So why pay out all that money?
@Doctor-Phibes said in Tucker out at FoxNews:
@LuFins-Dad said in Tucker out at FoxNews:
You know, I still haven’t seen a single clip where Fox News treated the story as undeniably true. I saw them report the allegations, I saw them posit about what the allegations would mean if proven true, but I have not seen a single clip where they stated Dominion had cheated or altered ballots.
So why pay out all that money?
Because the internal communications and other areas open to discovery in the trial were problematic in other ways that they felt it was worthwhile to settle?
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@Renauda said in Tucker out at FoxNews:
close to a billiona dollars in an out of court settlement.
I've read that insurance is picking up a significant portion of that.
@George-K said in Tucker out at FoxNews:
@Renauda said in Tucker out at FoxNews:
close to a billiona dollars in an out of court settlement.
I've read that insurance is picking up a significant portion of that.
If that’s the case just wait until Murdoch sees next year’s insurance premiums.
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@George-K said in Tucker out at FoxNews:
@Renauda said in Tucker out at FoxNews:
close to a billiona dollars in an out of court settlement.
I've read that insurance is picking up a significant portion of that.
If that’s the case just wait until Murdoch sees next year’s insurance premiums.
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@Renauda said in Tucker out at FoxNews:
close to a billiona dollars in an out of court settlement.
I've read that insurance is picking up a significant portion of that.
@George-K said in Tucker out at FoxNews:
@Renauda said in Tucker out at FoxNews:
close to a billiona dollars in an out of court settlement.
I've read that insurance is picking up a significant portion of that.
Oh God, I hope we don't insure them.
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Fox probably won’t pay anything near $787.5 million
Fox had about $4 billion of cash on hand as of December 2022, and MoffettNathanson analyst Robert Fishman expects the company to pay the settlement during the current quarter.
How much the lawsuit will actually end up costing Fox is unclear because there are ways it can defray some of the expense, primarily through insurance and the use of tax deductions.
Fox can deduct the Dominion settlement from its income taxes as an expense necessary for the cost of doing business. Fox Chief Communications Officer Brian Nick has confirmed the deductibility of the settlement.
Big companies often deduct large settlements to help offset some of the cost, but since settlement amounts are usually confidential, it’s difficult to pin down exactly how much they benefit. Payments that are seen as restitution or compensation can be deducted, while payments made to the government or at the direction of a government are usually not deductible.
Robert Willens, a tax professor at the Columbia University School of Business, estimates that after the tax write-off, Fox will incur about three-fourths of the settlement amount, about $590 million.
“The key is that if the payments are being made to private parties and not at the behest of the government then you can pretty much conclude without any fear of contradiction that the payment will be deductible,” he said.
A study by the Government Accountability Office in 2005 found that of 34 settlements totaling over $1 billion, 20 companies reported deducting some portion or all of their settlement payments. Big banks such as Bank of America and JPMorgan Chase reportedly also deducted portions of their settlements of charges tied the financial crisis of 2008.
Also, if Fox is insured, insurance is likely to cover some of the settlement. Chad Milton, a partner at Media Risk Consultants, said a large media company such as Fox could have anywhere between $100 million to $500 million in coverage, including media liability insurance and other types of insurance.
“It’s not hard to stack up $100 million but as you go higher than that, it gets harder and harder,” Milton said.
