LogFAQs > #973064337

LightHawKnight posted...

Why did they settle for so little.

They didn't. Yes they were suing for $1.6 billion but that number is almost always purposely inflated. You never get what you ask for. But you ask big so when it ultimately gets reduced its a big number.

So Dominion was never getting the $1.6 billion regardless of it going to trial or not.

But let's say they took it to trial anyway because they thought they could get more than $787 million. First there is a chance they could lose. That's a lot of money to leave up to chance, even if the chance is small. But let's say they did win and were awarded $1 billion. Well Fox is going to appeal it. That money could be tied up in appeals for years. By settling, Dominion still gets a lot of money and it gets it right now.

Remember, Dominion didn't do this to take down Fox or save democracy or anything altruistic. They did this to restore their brand and cash a fat check.