AT&T may end up settling the suit (as it did in 2016 when Herring sued AT&T for violating a verbal contract to carry OAN) just so no more of its dirty laundry is shown in public (click here for an in-depth expose by Reuters on AT&Ts relationship with OAN and former president Donald Trump). Though Dominion serves 28 states, until the 2020 election it had been largely unknown outside the election community. This change continues AT&Ts commitment to strong corporate governance. 7. Ambassador to the EU William E. Kennard, https://en.wikipedia.org/w/index.php?title=William_Kennard&oldid=1146139233, This page was last edited on 23 March 2023, at 00:27. Herring claims in the lawsuit that Kennards executive roles at both AT&T and Staple Street cause a conflict of interest. However, it still continues to do advertising sales for OAN via its subsidiary Xandr (which is in the process of being sold to Microsoft). For its part, Fox News calls Dominion's claims nothing more than a money grab by its private equity owners, Staple Street Capital Partners. [3] In 2009, Kennard was appointed by President Barack Obama to serve as Ambassador to the European Union, serving until 2013. Grantham said training election judges and staff on new equipment would be another huge undertaking. "When anyone comes forward and says there is no election fraud, the mainstream media supports those claims. William E. Kennard is a co-founding partner of Astra Capital Management, a private equity firm. As Ambassador, Mr. Kennard worked actively to promote transatlantic trade and investment and to eliminate regulatory barriers to commerce. Dominion Voting Systems has filed a $1.6 billion defamation lawsuit against Fox News, saying the network spread false claims that the voting machine company was involved in voter . Prior to joining the FCC, Kennard worked at the law firm of Verner, Liipfert, Bernhard, McPherson and Hand (now DLA Piper), where he was a partner and member of the firm's board of directors. [4] The youngest of three children, Kennard grew up in the Hollywood Hills, and attended Hollywood High School, where he was student body president.[5]. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research, Federal Reserve Bank of Philadelphia, the Federal Reserve System, or Harvard University. AT&T settled, and signed an agreement to carry the channels for five years starting in 2017. "After they realized, you know, Trump lost, it was blamed on the voting system.". SS - Let's have an open and honest discussion regarding Dominion Voting Systems. If you want to know why the decision to part ways with OAN was made by AT&T, well, the lawsuit has a theory. WASHINGTON Dominion Voting Systems on Friday filed a $1.6 billion defamation lawsuit against Fox News, arguing the cable news giant falsely claimed in an . "These are things that very often can't be proven with mathematical precision. [3] How you can get through current challenges while advancing long-term goals. [Insider], * Maritime firm Ince seemed destined for Davy Joness locker, but Axiom has thrown in a life preserver. Less than a year after OANs deplatforming, Newsmax reported Jan. 25 that DirecTV cut the outlets signal, immediately shutting the network off from more than 13 million customers of the satellite service, DirecTV Stream, and U-Verse." Dominion will also have to show the comments were made with "actual malice." Fox has asked the court not to award any damages to Dominion and said the claims are not based on any financial metrics, but instead on the assumption it will be completely out of business by 2031. Conservatives are under attack. In exchange, AT&T promised to carry OAN and another network owned by Herring Networks (A Wealth of Entertainment, or AWE) on the video platforms U-Verse and AT&T. Singer reportedly funded the original investigation Lee and Cruz pointed out at the time that AT&T also controls two seats on DirecTVs board of directors.. Dominion Voting Systems has released a statement saying: "Claims about Dominion switching or deleting votes are 100% false." Trump: "Radical Left owned Dominion Voting Systems." However, because of another clause in the contract regarding confidentiality, its unlikely that these employees knew about this non-disparagement clause so it will be interesting how the Judge rules on this point. Its the first defamation suit filed against a media outlet by the voting company, which was a target of misleading, false and bizarre claims spread by President Donald Trump and his allies in the aftermath of Trumps election loss to Joe Biden. This chapter reviews academic research on the connections between agglomeration and innovation. Kennard serves on the boards of several private and nonprofit organizations. Citing Dominion financial records it has received, Fox also says that 2022 was Dominion's second-strongest year in terms of revenues. A judge on Thursday rejected an attempt by the Rupert Murdoch-owned Fox News Media to dismiss a $1.6 billion defamation lawsuit brought by Dominion Voting Systems over the network's coverage of. Appointed by President Obama in November 2009, he promoted transatlantic trade and investment and worked to eliminate regulatory barriers to commerce. 2005-2023, Media Research Center. "Staple Street Capital Partners paid a small fraction of that amount to acquire a controlling interest in Dominion only four years ago. Judge rules Fox hosts' claims about Dominion were false, says trial can proceed, Fox News stands in legal peril. On Christmas morning of 2020, a recreational vehicle exploded on the streets of Nashville near a building owned by AT&T that lies one block from the companys office tower. The cable channel faces a defamation suit going to trial next week based on lies it aired about Dominion Voting System's role in the 2020 election. We hope to challenge issues which have captured the publics imagination, from JFK and UFOs to 9/11. Along with AT&T and DirecTV, Herring Networks is suing Kennard personally along with Staple Street Capital, where Kennard serves on the Executive Board of Directors. Conspiracy theorists claim Dominion and Smartmatic "flipped" votes from Donald Trump to Joe Biden. Advertisements featuring Fox News personalities, including Tucker Carlson, adorn the front of the News Corporation building in a 2019 file photo. And even under the most optimistic projections, Staple Street has never estimated Dominion's value as a business to be anywhere near $1.6 billion.". . Jones Day faced boycotts, attack ads, and morefor their election representations. Fox chose to put this on all of its many platforms. He was also the first U.S. Heres How To Get Yours Right. Rating: False. Ambassador to the European Union. OAN launched its breach of contract lawsuit against DirecTV in March 2022. During his time in Brussels, Ambassador Kennard made reinvigorating the U.S.-EU economic relationship and eliminating regulatory barriers his top priorities. We can notice that in 2009, the former director of Carlyle founded Staple Street Capital, and . In 2014, OAN entered into a carriage agreement with AT&T. We then describe how these factors are frequently measured in the data and some resulting empirical regularities. AT&T board Chairman William Kennard is a registered Democrat who was appointed FCC chairman by President Bill Clinton in 1997 and ambassador to the European Union by President Barack Obama in 2009. Fox News reached a last-second settlement with Dominion Voting Systems on Tuesday as the case raced toward opening statements, paying more than $787 million to end a colossal two-year legal battle . One notable event took place in February 2013, when Ambassador Kennard and EU Ambassador to the U.S. Joo Vale de Almeida co-hosted a "Transatlantic Twittersation," a virtual conversation whose hashtag #AskAmbs reached 1,400,000 impressions worldwide. Dominion said in the lawsuit that it tried repeatedly to set the record straight but was ignored by Fox News. Explore new data on how modern law firms are managing their work. The FEC listed "Astra Capital Management" as Kennard's employer at the time, which he co-founded. Information released online from January 20, 2009 to January 20, 2017. And the company has suffered enormous and irreparable economic harm, lawyers said. Before serving as an Ambassador, Mr. Kennard was managing director of the global private equity firm The Carlyle Group from 2001 to 2009 where he led investments in the telecommunications and media sectors. The board of directors of AT&T Inc.* (NYSE:T) has selected William E. Kennard to serve as its chairman, effective January 2021, upon the retirement of Randall Stephenson, currently AT&Ts executive chairman of the board. Information set forth in this news release contains financial estimates and other forward-looking statements that are subject to risks and uncertainties, and actual results might differ materially. According toTimes of San Diego, Almost a year ago Jan. 14, 2022 Bloomberg News posted a story titled DirecTV to Drop One America News in Blow to Conservative Channel. The story was accurate quoting an email from DirecTV but the Herrings [OAN owners] say the note breached a confidentiality agreement with the satellite-TV provider by disclosing when its deal expired.. When Dominion Voting Systems sued Fox News over the lies the conservative cable network had broadcast in 2020 about the election tech company, the enormous $1.6 billion damage claim jumped out. AT&T Inc. (NYSE:T) is a diversified, global leader in telecommunications, media and entertainment, and technology. Former President Donald Trump. The former owner of the Nashville AT&T building that was bombed, William Kennard, is a board member for Cerberus . Washington A federal judge cleared the way Wednesday for a defamation case by Dominion Voting Systems to proceed against Sidney Powell, Rudy Giuliani and Mike . King & Spalding saw protests on their front door over election work. **Our intentions are aimed towards a fairer, more transparent world and a better future for everyone.**. ET. We highlight the traits of cities (e.g., size, industrial diversity) that theoretical and empirical work link to innovation, and we discuss factors that help sustain these features (e.g., the localization of entrepreneurial finance). Ambassador to the EU to actively engage with European audiences through social media. "The truth matters. Did you know who currently owns Dominion? William Barr, Donald Trump's second attorney general, has been served with a subpoena in a $1.6bn defamation suit filed by a voting machine company against Fox News. Remember, lawyers tend to skew more liberal than the average population. Tuesday Primary of 1988, when Jesse Jackson won sixteen out of twenty states, won the popular vote, won the liberal vote, won the labor vote -- and made all people realize what most African-Americans had already known for years: Jesse Jackson is a force in American life. Kennard is one of the three executive board members of Staple Street Capital, the middle market private equity firm that along with the Dominion Voting Systems management team acquired Dominion Voting Systems in 2018. Although he was probably going to lose anyway. A 2018 estimate by the Penn Wharton Public Policy Initiative at the University of Pennsylvania put the privately held company's annual revenues at about $100 million. AT&T board Chairman William Kennard is a registered Democrat who was appointed FCC chairman by President Bill Clinton in 1997 and ambassador to the European Union by President Barack Obama in. And it supposedly has everything to do with that $1.6 billion defamation lawsuit Dominion filed against OAN (plus a hefty dose of leftist pressure, natch). But this can be costly. Denver-based Dominion said that it went to herculean efforts to make Fox News aware of both the falseness of what was being said on air and the damage it did to Dominion. He has received many honors and awards for his accomplishments including honorary degrees from Howard University, Gallaudet University and Long Island University, and awards from the Congressional Black Caucus Foundation, the Easter Seals Foundation, the Hispanic Chamber of Commerce and the American Chamber of Commerce to the European Union. Lies have consequences," a lawyer for Dominion Voting Systems, Justin Nelson, in a red tie, said on Tuesday in . Mr. Kennard served as general counsel to the U.S. Federal Communications Commission from 1993 to 1997. you and to receive this wonderful honor along with Harry Marmion and Mary Francis Berry. 2 min read. Shortly afterwards, social media users began circulating variants of a conspiracy theory holding that AT&T had been engaged to undertake a "forensic audit of Dominion voting machines," the latter of which were frequent targets of false election fraud claims made by President Donald Trump and his supports after Trump lost his re-election bid in November 2020: The implication of the conspiracy theory was that the explosion had been intended to destroy the machines before they were audited in order to cover up evidence of massive voting fraud. We wish him all the best. We then describe how these factors are . Above all else, we respect everyone's opinions and ALL religious beliefs and creeds. As of now, the person of interest identified by the FBI in connection with the explosion, Anthony Quinn Warner, is believed to have been "paranoid about 5G technology" (another frequent subject of conspiracy theories) rather than possessing any election-related motive. During his time in the private sector, Kennard was managing director of The Carlyle Group, a global private equity firm. "Following Fox's defamatory statements, Dominion's business suffered enormously, and its claim for compensatory damages is based on industry-standard valuation metrics and conservative methodologies. Dominion has also sued Giuliani, Powell and the CEO of Minnesota-based MyPillow over the claims. November 06, 2020 02:00 PM Eastern Standard Time. The trial begins next week in Delaware and two of the biggest questions facing the jurors will be whether Fox and its executives are liable for broadcasting the lies and, if so, whether $1.6 billion is a remotely realistic amount to ask for. " NEW YORK, July 16, 2018 /PRNewswire/ Dominion Voting Systems ("Dominion Voting") announces that it has been acquired by its management team and Staple Street Capital, a leading New York-based, middle-market private equity .
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