Rupert Murdoch’s news empire knowingly lied. Can we just pause to take in how extraordinary that is? | Margaret Simons

Fox News, one of the world's most powerful media organisations, effectively admitted it broadcast untrue information. What happens now?

There are always plenty of grounds for cynicism about the state of the news media, but in the last week we seem to have arrived at a new set of low expectations.

Fox News, having settled its defamation case with Dominion in the US and with Lachlan Murdoch withdrawing proceedings against Crikey in Australia, the Murdoch news empire has effectively admitted what was already clear: that it knowingly broadcast untrue information.