The unceremoniously ousted anchor, who had been close with Fox mogul Lachlan Murdoch, featured prominently in the Dominion lawsuit discovery process — and now may be ready to capitalize on his influence outside cable news.
In the company’s last fiscal quarter earnings, Fox had revenue of $4.6 billion and net income of $321 million. The cable division accounted for only $1.6 billion in revenue but made up most of Fox’s EBITDA, underscoring the profitability of Fox News, and its importance to the company.
In March, Carlson averaged 3.3 million viewers, adding half a million viewers from his lead-in Jesse Watters at 7 p.m., with 9 p.m. host Sean Hannity averaging 2.5 million viewers, a loss of 700,000 viewers. While the final April numbers are not in yet, Carlson is on track to lead Fox News in the ratings once more, thanks in part to securing Donald Trump’s first post-indictment interview.
With Fox ratings suffering at the expense of competitors like Newsmax, Carlson told Scott that he and his top producer Justin Wells had lots of ideas for the streaming project, which would become a cornerstone of the Fox Nation lineup. Carlson’s departure opens a Pandora’s Box for Fox, which now has to not only find a host that can maintain the channel’s iron grip in primetime just as the 2024 presidential election kicks into high gear, but also needs to rework its streaming pivot, which had blended Carlson’s populist docs with entertainment fare like the Kevin Costner-led docOn the TV side, Fox’s bench of opinion hosts is not as deep as it perhaps could be, especially with the departure of weekend host Dan Bongino last week.
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Fox News, Tucker Carlson part ways days after Fox settles Dominion lawsuitFox News Media and Tucker Carlson have agreed to part ways, the media company said in a statement on Monday, less than a week after Fox News and parent company Fox Corp settled a defamation lawsuit by Dominion Voting Systems for $787.5 million.
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