Fox Corp. Chairman Rupert Murdoch.
After shelling out $787.5 billion to settle Dominion’s lawsuit, Fox has more troubles on the way.
Smartmatic’s $2.7 billion suit may be an even bigger threat.
The company now has Dominion’s roadmap and potentially more leverage.
Fox isn’t out of the woods yet.
The conservative media company averted a reputationally costly defamation trial with Dominion Voting Systems for the financially costly price of $787.5 million.
More headaches are looming.
Atop the list is a separate lawsuit from Smartmatic, another election technology company that sued Fox News Network and its parent company, Fox Corp., in the aftermath of the 2020 presidential election.
As with Dominion, Smartmatic was the subject of fantastical, false conspiracy theories spread by Sidney Powell and Rudy Giuliani, two attorneys who worked on behalf of then-President Donald Trump to reverse his election loss.
Fox News hosts brought on Powell and Giuliani as guests, who shared with the network’s…
This article was written by Jacob Shamsian and originally published on www.businessinsider.com