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On Tuesday, Fox settled with Dominion over charges that Fox News baselessly accused the company of rigging its voting machines against former President Donald Trump in 2020.
Fox Corp. ’s $787.5 million settlement Allegations of defamation with Dominion voting systems Eye-popping, but the final cost to the media company is much
Media company can deduct payment from income taxes, among other methods
Media company can deduct payment from income taxes, among other methods
Fox has several levers it can pull to help defray the cost of the settlement.