"Tucker Carlson's ouster exposed the inherent flaw in Fox News' business model: It built a massive audience with incendiary, toxic rhetoric," Matt Gertz, a senior fellow at the nonprofit Media Matters for America, told AFP. "For a while Fox News has been moving to become establishment media and Tucker Carlson's removal is a big milestone in that effort," Newsmax chief executive Christopher Ruddy said in a statement. "Millions of viewers who liked the old Fox News have made the switch to Newsmax and Tucker's departure will only fuel that trend." The segment often courted ads by "My Pillow," a company owned by election conspiracy theorist Mike Lindell. "It is hard to predict how Fox executives will react if they continue to lose viewers and advertising revenue, especially to other conservative news operations.
Source: The Star May 05, 2023 01:56 UTC