4.4 • 652 Ratings
🗓️ 21 April 2023
⏱️ 36 minutes
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0:00.0 | Well, we got lots to get to this hour. Hey, just get back to Fox, the Dominion lawsuit. |
0:08.8 | Once again, how did we get it? How did I get it so wrong? And a lot of other people got it so wrong as far as not knowing there would most likely be a quick settlement as the trial began. |
0:19.4 | One reason, not looking at the history of Fox and Rupert Murdoch, he likes to settle. |
0:26.0 | He's done it all through his career. It's one way of doing business. Now, a lot of big CEOs, |
0:32.3 | big corporations will tell you, never settle. Fight the case for a thousand years. If you settle, you're just going to encourage |
0:39.5 | more lawsuits. Everybody will start suing you if they know you settle. Murdoch, the opposite. |
0:45.7 | There was a similar case to this, not about any news coverage, but about one of the biggest |
0:50.5 | divisions, News America Marketing. Competitors got together and sued them for a monopoly or unfair, whatever it was. |
0:58.3 | It was a billion dollar lawsuit. |
1:00.5 | It was going to trial. |
1:01.4 | You know what? |
1:01.7 | Murdoch just paid it off. |
1:02.6 | Here's $500 million. |
1:03.6 | Just dropped the whole thing. |
1:04.6 | And that was the end of it. |
1:06.7 | And again, you do invite more lawsuits when you have a history of settling. |
1:10.1 | But this is just the way Murdoch likes to do things. |
1:13.4 | He doesn't want to spend that much time in court. |
1:15.4 | He doesn't want to sit there with lawyers all day. |
1:16.9 | You know, just settle it. |
1:17.7 | Make it go away and let's get back to work. |
1:20.0 | And listen, the guy's a brilliant guy. |
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