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The Guardian - US
The Guardian - US
Business
Richard Luscombe

Rupert Murdoch jumps ship at Fox News just as it sails toward choppy waters

The resignation of Rupert Murdoch comes amid a period of unprecedented turmoil at his embattled Fox News empire, and leaves a number of questions hanging over the future of the nation’s most-watched rightwing network.

Exclusive reporting by the Guardian this week revealed that Murdoch expected a defamation lawsuit with Dominion Voting Systems over 2020 election lies would cost Fox News $50m. It was settled for an eye-popping $797.5m, the media mogul reportedly left “frothing at the mouth” in anger at Donald Trump, whose conspiracy theories over the 2020 election Fox personalities repeatedly amplified.

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