Business Maverick: The Murdoch Empire — and Fox News — Is at a Crossroads

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Back in 2021, Fox Corp. chairman Rupert Murdoch was described by President Joe Biden as the “the most dangerous man in the world,” such was the raw power his cable news network had in shaping public opinion.

Flash forward to now, where a more diminished figure emerges from court filings revealed this week as part of a $1.6 billion defamation suit against Fox by Dominion Voting Systems Inc., one forced into an uncomfortable admission: He could have stopped the promotion of the false idea that the 2020 election was rigged against Donald Trump, but feared the network would lose loyal viewers and irritate the then-president.

The problem is that Murdoch’s admission under oath could damage the credibility of the conservative news network as it faces another Trump-centric presidential primary season. The company says Dominion “took an extreme, unsupported view of defamation law that would prevent journalists from basic reporting.”

That puts the network at a cross-roads — to follow in the footsteps of unabashedly conspiracy-driven outlets like One America News Network or to be a conservative but fact-based news organization. Dominion’s filings reveal that Fox leadership was concerned that acknowledging that Biden had won the 2020 election would alienate fans and advertisers.

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