Coverage dated May 8, 2023
Fox Reports Quarterly $54 Million Revenue Loss From Dominion Voting Settlement Headline from Forbes
In the aftermath of the Dominion Voting Systems settlement Fox announced a quarterly revenue loss of $54 million.
Forbes's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.
Reports & sources Newest first Show outlet leaning
Filter reports by outlet or headline words
12 articles, oldest first.
The Guardian
Fox reported $54m loss in first three months of 2023 after Dominion settlement ↗ (opens The Guardian) Published May 8, 2023
The Guardian's feed description Loss came despite Fox earnings climbing 18% to $4.08bn in the first three months of the year, more than analysts had been expecting
The Hollywood Reporter
Fox Corp. Swings to Quarterly Loss Due to Dominion Settlement ↗ (opens The Hollywood Reporter) Published May 8, 2023
The Hollywood Reporter's feed description "We made the business decision to resolve this dispute and avoid the acrimony of a divisive trial and a multi-year appeals process," Fox CEO Lachlan Murdoch said.
Fortune
Fox suffers a quarterly blow as it forks over almost $800 million to settle with Dominion ↗ (opens Fortune) Published May 8, 2023
Fortune's feed description For the three months ended March 31, Fox Corp. lost $54 million, or 10 cents per share.
CNN
Fox swings to a loss after its Dominion settlement ↗ (opens CNN) Published May 8, 2023
Same headline from 1 more outlet CNN's feed description Fox Corp. posted a loss in the most recent quarter after it paid a $787.5 million settlement to Dominion Voting Systems.
Seattle Times
Fox Corp. dinged by Dominion settlement in third quarter ↗ (opens Seattle Times) Published May 8, 2023
Same headline from 1 more outlet Seattle Times's feed description Fox Corp. moved to a loss in its fiscal third quarter, weighed down by Fox News’ nearly $800 million settlement with Dominion Voting Systems.
Forbes
Fox Reports Quarterly $54 Million Revenue Loss From Dominion Voting Settlement ↗ (opens Forbes) Published May 8, 2023
Forbes's feed description In the aftermath of the Dominion Voting Systems settlement Fox announced a quarterly revenue loss of $54 million.
Forbes
Fox CEO Claims $787.5 Million Dominion Settlement Was Merely A ‘Business Decision’ As Profits Tank ↗ (opens Forbes) Published May 8, 2023
Forbes's feed description The media conglomerate lost $54 million last quarter thanks to legal fees.
Deadline
Fox Swings To $50 Million Quarterly Loss On Dominion Settlement ↗ (opens Deadline) Published May 8, 2023
Deadline's feed description Fox Corp. said it swung to a $50 million loss last quarter from a $290 million profit the year before mostly due to the cost of a legal settlement with Dominion Voting Services. Sales jumped 18% la…
Adweek
Fox Loses $50 Million After Dominion Case Despite Tubi Gains ↗ (opens Adweek) Published May 8, 2023
Adweek's feed description CEO Lachlan Murdoch does not expect a 'significant financial impact' from the writers strike.
Variety
Fox Q3 Profit Wiped Out By Dominion Legal Settlement ↗ (opens Variety) Published May 8, 2023
Variety's feed description Fox Corp. said its third quarter profit was wiped out by settlement costs tied a defamation lawsuit levied by Dominion Voting Systems
Identical headlines usually mean shared wire copy. They are counted as separate articles but are not independent confirmation.