The market value of Fox Corporation collapsed by almost a billion
The trigger was the firing of host Tucker Carlson. The graph shows that the share price has decreased by $930 million.
Meanwhile, the Russian TV channel has already offered the American to work in Russia.
Update:
787.5 million USD! This is the amount FoxNews agreed to pay in a libel suit from Dominion Voting Systems. Trump accused the company, a supplier of voting machines in the United States, of transferring 2.7 million of his votes to Biden, the hosts and commentators of the TV channel discussed this on the air. In addition to the hefty fine, FoxNews publicly acknowledged that "some of the claims" were false.
The settlement spared Fox a lawsuit that would have forced many of the company's top figures to testify, including media mogul owner Rupert Murdoch and host Tucker Carlson. Their testimony could be made public. Dominion sued for $1.5 billion in libel damages.
Dominion's lawsuit against FoxNews is not the only one: in February 2021, Smartmatic, which provided technical support for the Los Angeles County elections, accused the network of deploying a large-scale disinformation campaign and demanded $ 2.7 billion in compensation from it.
I can if I want, but sometimes I'm lazy) (today)