Judge says Fox News's parent company must face Dominion's defamation lawsuit because of Rupert Murdoch's alleged role in pushing election lies
Dominion argued that Rupert and Lachlan Murdoch "believed Fox News would benefit if it endorsed former President Trump's election fraud narrative."news.yahoo.com
Report: New York AG has opened criminal tax investigation into Trump Organization CFO
Trump Organization CFO Allen Weisselberg is the subject of a criminal tax investigation by the New York attorney general's office, people familiar with the matter told CNN on Wednesday. The case was opened several months ago, the people said, and began in part because of financial documents given to the office by Weisselberg's former daughter-in-law, Jennifer Weisselberg. Allen Weisselberg has worked at the Trump Organization for decades, and the Manhattan district attorney's office is also investigating his personal finances. People familiar with the matter told CNN the aim is to get Weisselberg, who has not been charged with any wrongdoing, to start cooperating with investigators. The New York attorney general's office announced Tuesday night that it had informed the Trump Organization its probe into the company was "no longer purely civil in nature," with the office "now actively investigating the Trump Organization in a criminal capacity, along with the Manhattan DA." For the last two years, investigators have been looking into whether the Trump Organization manipulated the value of properties in order to secure loans and lower taxes. More stories from theweek.comStephen Breyer is delusional about the Supreme CourtKidney donor and recipient meet after a chance encounter onlineMarjorie Taylor Greene and Matt Gaetz are more popular among GOP voters than Liz Cheneynews.yahoo.com
Fox News leader signs new contract, no ‘pivot’ planned
This 2018 image released by Fox News Channel shows CEO of Fox News Media Suzanne Scott, who has extended her contract with the news organization. Scott, who joined Fox News Channel as a programming assistant when the network launched in 1996, has been CEO of Fox News Media since 2018. (Fox News Channel via AP)NEW YORK – Fox News Media CEO Suzanne Scott signed a new contract Tuesday and the company said it will continue its “center right” programming mix despite a recent ratings slump and legal fight against its flagship Fox News Channel. Scott, who joined Fox News Channel as a programming assistant when the network launched in 1996, has been CEO of Fox News Media since 2018. The Fox Business Network dropped Dobbs' show on Friday, a day after the lawsuit was filed.
Trump-friendly Newsmax seeks to cut into Fox’s viewership
(Newsmax via AP)NEW YORK – Now that his largely invisible network has suddenly been flooded by fans of President Donald Trump, Newsmax television personality Grant Stinchfield is puffing out his chest. “We’ve really cornered Fox from the right,” said Chris Ruddy, Newsmax founder and friend of Trump. Fox’s prime-time viewership during the two weeks after the election was up 50 percent over last year. For Newsmax, a big question is whether its programming is compelling enough to hold viewers who are clearly sampling. Besides Kelly, former Trump press secretary Sean Spicer is Newsmax’s best-known personality.
Bezos buys Warner Estate in Beverly Hills for a record $165 million
Amazon Chief Executive Jeff Bezos, the world's wealthiest person, has purchased a Beverly Hills mansion known as the Warner Estate from media mogul David Geffen for $165 million, a source familiar with the deal said on Wednesday. Geffen purchased the Warner Estate in 1990 for $47.5 million, a then-record price for a Los Angeles-area home, according to the Journal. It was not immediately clear if the Amazon CEO plans to make the Warner Estate his primary home. The Wall Street Journal said Bezos purchased three New York apartments earlier this year in a deal valued at about $80 million. The Warner Estate, the Journal reported, features expansive terraces, sprawling gardens, several guest houses, a tennis court, and a nine-hole golf course.cnbc.com
Fox says cable ad revenue was hurt by impeachment coverage last quarter
Fox Corporation said breaking news coverage of the impeachment hearings for president Donald Trump was part of the reason its cable ad revenue fell 5% in its second quarter. Revenue in the quarter rose to $3.78 billion, a 5% year-over-year increase. Advertising revenue overall grew 1% in the quarter, the company said. The preemptions refers to the practice of sticking with news coverage while covering breaking news, instead of going to scheduled ad breaks. Murdoch also touched on Super Bowl ad revenue during the call.cnbc.com