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https://www.yahoo.com/news/fox-could-likely-survive-nine-174507026.html
Fox could likely survive a nine-figure loss to Dominion, analysts say

Fox Corp. can most likely weather even the harshest financial penalty that could come from Dominion Voting Systems’ lawsuit, analysts say.

The blockbuster trial — originally set to begin in a Delaware court on Monday before being unexpectedly delayed by one day — will determine whether Fox Corp. can be held liable for false claims made on Fox News, the media company’s namesake cable TV property, that Dominion’s voting machines were used to rig the 2020 presidential election.

Dominion’s lawsuit seeks $1.6 billion in compensatory damages, an amount that experts said would likely be whittled down substantially depending on the jury’s judgment or in an out-of-court settlement. Fox said in a court filing Sunday that it believed Dominion had lowered its requested damages to around $1 billion, but the voting machine company disputed that, saying it had not reduced its claim.

The media giant contests any claims of liability or damages sought by Dominion, with a Fox spokesperson calling the lawsuit “a political crusade in search of a financial windfall, but the real cost would be cherished First Amendment rights.”

In the event Dominion wins its case, said Lyrissa Lidsky, a constitutional law professor at the University of Florida, the jury is highly unlikely to award Dominion all the money it’s seeking for what it says is the reputational damage exacted by Fox News’ broadcasts.

In theory, Lidsky said, the jurors could also impose punitive damages to punish Fox for “extremely wrongful conduct” and award an even higher financial penalty than Dominion asked for. But she said she had seen no evidence “thus far that suggests there are going to be damages at that magnitude, even though the damages may be very large.”