So today is the day that the Media Trial of the Century gets underway.
Probably. We think.
After a 24-hour delay that fueled rampant speculation that a settlement might be in the works, the $1.6 billion lawsuit against Fox News by Dominion Voting Systems is expected to get underway this morning in a Wilmington, Delaware, courtroom.
The delay, at least as of the writing of this newsletter, did not produce a settlement between the two sides. That means that unless there’s another postponement or a truly last-minute settlement, the trial kicks off this morning with jury selection followed by opening statements.
So was the delay really to allow the sides more time to negotiate a settlement? It would appear so, but how close the sides were (or are) is not known and, for the time being, they are headed to a jury trial.
A potential settlement, which still could happen at any time even after the trial begins, would involve a number of issues, but the biggest could be what Dominion would want monetarily. CBS News’ Scott MacFarlane reported Monday that Dominion and Fox are “hundreds of millions of dollars’” apart when it comes to estimating Dominion’s value and that is a clear roadblock to a settlement at this time.
That might not be the only obstacle. Dominion, you would assume, would want Fox News to apologize, but what that apology would look like isn’t clear.
There is incentive on both sides to settle. And reasons to not settle. Let’s look at the pros and cons for each side.
Why Dominion would settle
Many legal experts believe that Dominion has as strong of a case as they’ve seen when it comes to a defamation claim. So why settle?
Several reasons, not the least of which is that juries can be unpredictable. Beyond that, it could be that Dominion is confident that it will win, but not as confident in what the punitive judgment will be. Dominion might think a certain dollar figure guaranteed now is better than an unknown (and potentially lesser) number at verdict.
Why Fox News would settle
In a trial that could last as long as six weeks, Fox News potentially could get beat up. It could end up on the wrong end of negative headlines along the way, which it would want to avoid. A settlement also would mean that some of Fox’s biggest names — including founder Rupert Murdoch, other top executives, and on-air hosts Tucker Carlson, Sean Hannity, Laura Ingraham and Maria Bartiromo — would not have to give potentially embarrassing testimony.
If Fox News feels queasy about how a trial might end, maybe it figures it would be better to swallow its medicine now instead of having a story full of negative PR drag out for weeks and still end in devastating fashion.
There’s also a chance the penalties could be even worse than what Dominion is asking for.
Why Dominion would not want to settle
Most legal observers familiar with these kinds of cases feel Dominion will win. So why settle when proving its case to a jury might be more consequential? If the two sides can’t agree now on what Dominion should receive in damages, Dominion might believe it’s better to go for the whole $1.6 billion in trial than a lesser amount in a settlement.
Why Fox News would not want to settle
If Dominion’s settlement demands are too much, why not roll the dice with a jury? Many of the pretrial discoveries through depositions and internal communications have already proven embarrassing for Fox News, so Fox could say, “How much worse can it get?”
There’s also this: Maybe Fox genuinely believes it can win. Or, at the very least, maybe the network thinks it won’t end up being on the hook for anywhere near $1.6 billion dollars.
No cameras
As a reminder, cameras will not be allowed in the courtroom of this trial. Nor will any electronic devices.
CBS News’ Scott MacFarlane reported, “For those worried this will be a spectacle, keep in mind that this will be a spectacle that will be largely invisible. No court cameras in the courtroom. No electronic devices that could communicate out (of) to the courtroom. … So when the superstar witnesses take the stand — possibly Rupert Murdoch, Sean Hannity, Tucker Carlson — they won’t be doing so to a mass audience. It may just be people already dialed into this issue and already have opinions on this issue. That’s part of the leverage Fox brings to a possible trial starting (today).”
In addition, NewsNation’s Brian Entin reports that a tent has been erected in the rear of the courthouse. That means high-profile witnesses might be able to drive under the tent and enter the courthouse without being photographed or seen by the media.