(Liberty Bell) – There are a lot of mysteries in the universe. What is the meaning of life? Who built the pyramids? Do aliens exist? How does a company that received a settlement worth more than three-quarters of a billion dollars still end up going down the tubes?
Because that’s precisely what’s happening to Dominion Voting Systems, even though they received a massive $787.5 million settlement from Fox News. The announcement about the settlement was put out just mere hours before the defamation lawsuit was set to go to trial, according to information in a recent The Western Journal report.
George C. Upper wrote that despite receiving the massive windfall, Dominion CEO John Poulos recently spoke with TIME saying that all the bad publicity the company has gotten has damaged its reputation beyond repair. Well, cry me a river. Maybe if you created a product that worked and actually attempted to be honest about business practices you wouldn’t be in this mess, Mr. Poulos.
“It basically put us into a death spiral,” he went on to say concerning the alleged defamation. “And by accusing us of the greatest American crime in history, it turned us, as one of our customers has described, as the most demonized brand in the United States.”
“Dominion had been in business since 2002, but only became a well-known brand nationally in the wake of election-stealing allegations following the 2020 presidential election,” Upper noted. “Former President Donald Trump and many in his circle had accused the company of conspiring to throw the election in favor of then-Democratic nominee Joe Biden.”
None of the allegations have 100 percent been proven. Unfortunately, a lot of the claims made lacked evidence to support them, which is the reason why Fox was forced to hand over such a large amount of money to the company.
However, Poulos still says he expects the vast majority — potentially all — of the company’s customers to pass on renewing their current contracts as they expire.
“Earlier this year, Shasta County in northern California ended its contract with Dominion despite not having a replacement vendor lined up,” TIME stated in its piece.
“It’s just easier for our customers to use something that’s not Dominion,” Poulos remarked. “We just know that our business ultimately goes to zero.”
“Eventually, I suspect all of our customers will go a different direction,” the CEO added. “It’s just a matter of time.”
Poulos then told TIME, “Dominion experienced a spike in death threats” after news of the Fox settlement broke, noting that both he and Dominion were taking their commitment to try and keep employees safe very seriously.
“Dominion has another six defamation lawsuits pending, including actions filed against Newsmax and One America News, TIME said. Obviously, however, the company cannot remain solvent forever on the basis of revenue from litigation,” The Western Journal revealed.
Another electronic voting systems company known as Smartmatic, which popped into existence two years before Dominion, also has a defamation lawsuit pending against the right-of-center news network.
“Fox on-air hosts Maria Bartiromo, Lou Dobbs and Jeanine Pirro, and Rudy Giuliani and Sidney Powell” are also named in the suit, as per information posted on the company’s website.
The website added that Smartmatic was also analyzing claims that were made against them by both Newsmax and OANN and has not ruled out lawsuits against both companies.
Copyright 2023. LibertyBell.com
I doubt any money actually changed hands in the Fox/Dominion lawsuit. Sounds like they both agree on the substance of the issues and the only thing to come of it is firing Tucker which FOX wanted to do anyway. Fox is run by leftists. Dominion is run by leftists.