Bryan Freedman’s Big Day, CNN’s Last Push & Rupert’s Next Likely Settlement

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Happy Monday, I’m Eriq Gardner.

Welcome back to The Rainmaker, a private email about how those in power are staying out of legal trouble. (Was this email forwarded to you? Click this link to subscribe.)

In this week’s edition, a deep dive on the fallout from the Fox-Dominion settlement: who’s really paying the $787.5 million penalty, the mystery funding behind Rupert Murdoch’s next legal headache, and why CNN’s own libel troubles may be worse than media coverage suggests.

But first…

Tucker Carlson is out at Fox News, Don Lemon is out at CNN, and guess what? I hear the former cable TV news rivals are represented by the same attorney...

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Rupert’s Post-Tucker, Post-Dominion Legal Headache

Gaming the Murdoch family’s Smartmantic settlement—plus, a look into a last ditch CNN legal maneuver.

ERIQ GARDNER

Even with inflation, $787.5 million can buy a lot these days: a Caribbean island, Super Bowl tickets for 80,000 close friends, or even your way off the witness stand if you happen to be the head of a right-wing cable news network being sued over election conspiracies. But will Rupert Murdoch’s media company really be $787.5 million poorer after settling with Dominion? After inspecting the 8-K that Fox Corp. filed with the S.E.C., I suspect that Fox’s insurers may be picking up a good chunk of the tab...

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