If I recall correctly, it wiped out most of their profits for that year, it’s not something they can do again and again as often as they have to. Fox News is a public company and it’s illegal not to act in the fiduciary interests of the shareholders, that would open them up to more lawsuits.
It was a big enough deal that they fired their most popular right-wing mouthpiece, which seems to be pretty clear evidence that they care more about the almighty dollar. They will continue spreading Republican propaganda in the worst way that’s legal instead.
If I recall correctly, it wiped out most of their profits for that year, it’s not something they can do again and again as often as they have to. Fox News is a public company and it’s illegal not to act in the fiduciary interests of the shareholders, that would open them up to more lawsuits.
It was a big enough deal that they fired their most popular right-wing mouthpiece, which seems to be pretty clear evidence that they care more about the almighty dollar. They will continue spreading Republican propaganda in the worst way that’s legal instead.
FYI, the shareholder lawsuits just got started in September.