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Dominion CEO predicts demise of voting machine company: ‘Our business eventually breaks even’

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Dominion CEO predicts demise of voting machine company: ‘Our business eventually breaks even’

Dominion Voting Systems CEO John Poulos has expressed concern about the company’s future, citing the significant damage it has suffered following the 2020 presidential election.

Despite the recent defamation victory against Fox News, in which the press was ordered to pay Dominion $787.5 million, Poulos believes the public backlash against the company will lead potential customers to seek alternative voting systems .

In a recent interview with Time magazine, Poulos struck a surprisingly pessimistic tone about the future of the voting machine company.

Poulos stated that the negative perception surrounding Dominion may dissuade future customers from choosing its systems, even when it comes time to replace outdated systems for reasons of certification and obsolescence.

“Whenever the next time a customer decides to buy a new system, because every eight years or so, you replace your voting system because of obsolescence and because of certification issues, they’re just going to say, ‘Man, it’s not worth going through the annoyance. just to buy Dominion,’” anticipates Poulos. “They could be a little less expensive, they could be a little more functional, their service offering could be a little better. But it’s a lot of brain damage to work with them because of the public outcry.”

“It’s easier for our customers to use something other than Dominion,” says Poulos. “We just know that our business eventually goes to zero.”

Dominion Voting Systems CEO John Poulos has expressed concern about the company’s future, citing the significant damage it has suffered following the 2020 presidential election. Despite the recent defamation victory against Fox News, in the which the press was ordered to pay Dominion $787.5 million, Poulos believes the public backlash against the company will lead potential customers to seek alternative voting systems.

Poulos stated that the negative perception surrounding Dominion may dissuade future customers from choosing its systems, even when it comes time to replace outdated systems for reasons of certification and obsolescence. He explained, “They’re just going to say, ‘Man, it’s not worth going through the trouble just to buy Dominion.’

Shasta County, California, recently made headlines for abruptly terminating its contract with Dominion, exemplifying declining confidence in the company. Shasta County Board Chairman Patrick Jones believes removing all election machines will increase confidence in the results.

Poulos complained about the negative publicity the company has gotten because of the contentious election, saying, “By accusing us of the biggest American crime in history, it made us, as one of our clients described , as the most demonized brand in the United States.”

He believes that eventually all Dominion customers will look for alternatives, and it’s only a matter of time.

Dominion had initially demanded $1.6 billion for Fox News, an amount 42 times greater than the acquisition cost of its parent company, Staple Street Capital, in 2018. However, Dominion’s projected revenue for 2022 was calculated in 98 million dollars.

Dominion Voting Systems is still involved in six other defamation cases, including legal action against Newsmax and One America News. The high-profile defamation suit against Fox News garnered significant attention and led to the release of text messages and emails that revealed doubts at the network about claims of voter fraud it had propagated.

Just before the long-awaited trial began, the parties involved reached a historic settlement for about $787.5 million. Smartmatic, another election technology company, is launching its own $2.7 billion defamation suit against Fox News, which is currently moving through the legal process.

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