Murdoch Says Fox’s $787.5 Million Deal Saved It From Long Trial

Fox Corp. Chief Executive Officer Lachlan Murdoch said the company’s $787.5 million settlement with Dominion Voting Systems Inc. over a defamation lawsuit was a “business decision” made to “avoid the acrimony” of a years-long court case.

Murdoch’s remarks are the first public comments he’s made to investors about the record settlement reached last month with Dominion, which accused Fox of promoting false theories that the voting machine manufacturer rigged the 2020 presidential election.

During an earnings call Tuesday, Murdoch didn’t directly address the ouster of Tucker Carlson, who had one of the most popular programs on cable TV before ...