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News Corp., Regan Reach Settlement

Axed publisher 'not anti-Semitic,' company says after ugly spat
By Zach Samalin,  Newser Staff
Posted Jan 25, 2008 4:07 PM CST

(Newser) – Judith Regan's acrimonious $100-million wrongful-termination suit against News Corp. came to a close today, with the ex-publisher and media giant reaching an undisclosed settlement. If Gawker's estimates of $20 to $25 million are meaningful, Regan may indeed have outfoxed Fox, which initially offered her $6 million to go quietly. The company graciously rescinded its allegation that Regan made anti-Semitic comments and sang her praises effusively.

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"After carefully considering the matter, we accept Ms. Regan's position that she did not say anything that was anti-Semitic in nature," News Corp's statement read. Regan was equally cordial toward her former foe, expressing her gratitude "for the opportunity to have worked with so many gifted people," adding that she is "looking forward to my next venture." (Read more Judith Regan stories.)

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