Putting the massive Fox News settlement in perspective

The $787,500,000 payment for making false claims about election fraud is hard to wrap one's head around. Let us help.

The Washington Post
@pbump
Hey, just wanted to say thanks for being here.

@pbump sorry, simply is a drop in the bucket.

I haven’t read, did Fox or Newscorp have insurance? Many corporations do carry various forms of liability insurance. Not sure if there is insurance for media companies for this type of situation?

@pbump
Interesting facts, but not relevant. $14B in revenue in 2022 is more germane.

@pbump

Sure, that's a lot of money. But will it change their behavior? Clearly not. They have, or have access to, obscene amounts of money.

They won this round.