In the aftermath of Fox News’s eleventh-hour, record-breaking $787.5 million settlement with Dominion Voting Systems—successfully averting what would have been an absolutely grueling six-week trial—the inside conversation among legal and media experts has turned to the fallout, and what comes next. Herewith, Eriq Gardner, Tina Nguyen, and Dylan Byers exchange notes on everything from the financial implications to the behind-the-scenes calculations, who’s getting shit-canned, whether Fox will moderate its editorial formula, and more.

Dylan: So Fox News’s $787 million settlement, while surely disappointing to those who would’ve liked to see Rupert and Tucker and Hannity testify, is still in many ways a landmark moment for American media. At the very least, it’s an acknowledgment that “lies have consequences,” as Dominion’s lawyer put it, and a signal to all media organizations that there are still some rules that journalists and entertainers must abide by.