Fox News is experiencing a sharp decline in viewership, with primetime ratings down nearly 30% compared to last year. CEO Lachlan Murdoch attributed the drop to "viewer fatigue" following high-profile events like Donald Trump’s inauguration and the killing of Charlie Kirk. The network averaged less than 1.7 million viewers in October, down from 2.3 million a year ago.
Despite the decline, Fox remains the most-watched cable news network, outperforming CNN and MS NOW combined. Murdoch noted record political ad revenue, exceeding $350 million for the quarter, driven by local broadcast stations. However, President Trump has publicly criticized Fox for giving Democrats too much airtime, specifically mentioning a appearance by Rep.
Ro Khanna. The ratings drop occurs just before the midterm elections, which polls suggest could favor Democrats.
Source: Financial Times Companies · Summarized by HeadlinesBriefing