Fox Corp.’s $787.5 million settlement with Dominion Voting Systems over defamation charges is eye-popping, but the ultimate cost to the media company is likely to be much lower.
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. It was the most-watched media libel case in decades.

A man walks past the News Corp. and Fox News headquarters April 19 in New York.
Mary Altaffer, Associated Press
Fox had about $4 billion cash on hand as of December 2022, and MoffettNathanson analyst Robert

