Wednesday, June 7, 2023
HomeVideoBloomberg: Tucker Carlson Is Out at Fox News

Bloomberg: Tucker Carlson Is Out at Fox News

Fox News said Tucker Carlson, the host of its top-rated nightly show, will leave the network, effective immediately. Geetha Ranganathan of Bloomberg Intelligence talks about the bombshell announcement.

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Just to repeat, the headline that is so impacting folks is stock right now, I’m paying a lot of meetings, a lot of people to be sitting up and paying attention. Fox News and Tucker Carlson are passing ways and this is effective. Alex, Friday, we’ve already seen the last show. Yeah.

So obviously this was extremely sudden. We don’t have details on where Tucker Carlson was going. This comes off the heels of the 787 million dollar settlement that Fox agreed to with Dominion. And at that time, Fox said there would be no changes to its to its company or

How it is handling things. But it looks like this is definitely a big change. We don’t know, though, how and where this wound up coming about. However, it leaves an enormous hole in the middle of Fox Broadcasting. Absolutely. And I suspect their sales team, their advertising teams are going to be

Scrambling now to figure out exactly what they’re going to do. He was a he was central to in so many ways, the case that the Fox had. How does that change? What is the value of Fox going to look

Like as a result of this? I think is a real really sort of huge imponderable right now as we try to work out what has happened here. And we also don’t know which side this has come from. How did this come about? Obviously, as you say, that Amendment

Dominion Settlements was a huge, huge moment for this company. Have they taken the initiative here or was this with or was this a decision that Tucker Carlson has made? Geeta Ranganathan joining us now on Bloomberg Intelligence from our media team to give us an idea of what is happening here.

Do you to give us an idea of the significance of this for Fox’s bottom line? No, this is a very, very big deal. Fox News is the major is a crown jewel, really, if the whole Fox empire. It brings in 75 percent of the company’s profit.

It is the most watched cable network in the U.S. has been now for about 10 years running and a huge part of that. I think they owe to their anchors and especially, you know, the popularity of Tucker Carlson. So this is this is huge.

You know, Fox News, of course, is one of the most profitable cable networks in the U.S. right now. How did the advertising contracts work? Like if I’m an advertiser on Tucker Carlson show, can I pull it immediately? Like how often in these contracts come up? Yes, you can.

You know, so that more and more flexibility is being built into these advertising contracts. So I think that you do. There is a slight amount of lead time, but obviously all of that advertising definitely is at risk right now. Well, with this announcement.

Well, in terms of replay, is it obvious? Could there be an obvious replacement for Tucker Carlson? Is there somebody that that kind of is sitting waiting in the wings here that could step up? How unique is he? How unique is the offering that he has

Brought? These are some really big shoes to fill. So remember, Dr. Carlson is one of the most watched anchors. He has brought in roughly about four million viewers every night. That is more than anybody else. So. So definitely I mean, I’m not really

Sure who could replace him immediately, but it’s going to be some pretty it’s going to be a pretty difficult thing for Fox News to do right away. So given the obvious question is, is this a firing due to what happened with Dominion or is Tucker Carlson leaving on his own?

And there’s no way for either of us to know that. However, based on what we know on the literal money that Tucker Carlson brings in. Would you be surprised if this was an act of firing? You know, he has been. He’s obviously one of the most provocative, one of the most

Controversial commentators, I think, on Fox News. But he’s also been one of like they’re, you know, a top attraction. I’m not sure, you know, if it’s a firing. But again, remember. Yes, he is. He’s a very, very important part of the news network.

But they do have other talents as well. I mean, if you just kind of think about it, the five is a is a show that has been, you know, a most watched and very popular. So. Yeah, not really. We don’t know.

I think I think we just don’t know. Is is is the really tricky part of all of this. We know very little as to what has happened internally here, but it does obviously change the dynamic going into the general election next year. How important is this kind of all these

Next few months, this next year as we run in towards the 2024 election? How big a hole does he leave at this critical moment and how important is this critical year? It is. It is definitely a very big deal, because what we’ve seen typically with

Fox News is, you know, a lot of buzz keeps building into an election year and we see kind of readings skyrocket, especially when you have a presidential election and one that is as important as the one that we’re heading into. So definitely I mean, it’s going to be a big deal.

Remember, again, this is this is a network that brings and that throws off about two and a half billion dollars and EBITDA again, which bills again into an election year especially. Advertising dollars. I mean, Alex, and you brought that up, advertising becomes really, really

Critical for them. And then again, with this whole it is going to be difficult.




  1. 💖The FIRING of Tucker Carlson is the work of the corrupt United States senator from New York, Charles "Chuck" Schumer, correct me if I am wrong. All these old thefts will be in power for the rest of their life, with President Joe Biden every government Institution has reached a very high level of corruption, now 100% of the media of all networks will be lying to you, every radio station has been lying to you 100%, every news paper is just propaganda and a way of lying to the people. Everything we trusted in the Unite States is corrupt. We need another country to take control of the world🤰

  2. I don't watch Fox News because of who is delivering the news. I suspect most do not. But apparently, on a related subject, Don Lemon was not liked while delivering the "news". He was actually fired because he was not popular. No?

  3. need better education as the left give wrong info. use voting with identification.. as the immigrantes know how to cheat for the left for immigrants illegal and legal want all the right free in united states. ruining our ecomomy TUCKER IS GReat. he will make better for himself independent.. love Tucker



  4. I have to smile at the garbage being pumped out in Comments by the usual 🤡🤡🤡. Never let reality get ion the way of your wishful thinking eh guys?

    Fox isn't about to go under guys: but Carlson will. Just like Reilly did, and just like Dobbs did. And Bongino.

  5. their content doesn't make it like dressing without the salad… It's just like a dressing without the salad because it has no substance whatsoever… their entire strategy is based on dressing, sauce, spices and condiments but no meat, veg, or grain or dairy… that's why it never appears like a fresh loaf and only like some sesame seeds that never made it on top of the bread… that is why they say that either you have to be an expert chef (to make a tucker carlton dish) or you're a shadow world mushroom that would never make it out of the house…

  6. i'm with you on that because they're democrat trump skeptics trying to defect to the republican party because they found out about the trump train… it's a huge fraud they're making you pay for because this guy isn't getting it about what the republican party is about… there's only some amount of L's you can take because of being plugged in to Tucker TV… This cannot make it to the daylight, asuryam lok mein hai vo

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