Trump cost Fox News $787.5 million because he is such an ass and had the power he did

[LizBeth]

over the Republicans and the network. They well knew better, but Trump had them by the .... and they had to do what they did. It cost them $787.5 million. Just the beginning, I hope. All cause of Trump. And he is running again boys. How much is the next time gonna cost your network. So lmao. A worthless human being accomplished a $787.5 million loss.

[keithbvadu2]

1. Tucker's lies were fine with Fox as long has he brought in the viewers and ad revenue.

Tucker's lies were fine with Fox as long has he brought in the viewers and ad revenue.

[OneBro]

2. FOX made almost $14 Billion in 2022

FOX chose to jump onto Trump’s stolen election bullsh*t wagon, but his lunacy made them oodles and oodles of blood money. The settlement was pretty much an unanticipated but affordable cost of doing business.

https://www.macrotrends.net/stocks/charts/FOX/fox/revenue

[Alexander Of Assyria]

3. Incorrect! Revenue was $14B...

https://www.macrotrends.net/stocks/charts/FOX/fox/net-income

Fox annual net income for 2022 was $1.205B, a 43.95% decline from 2021.

$785.5 Billion is a big slice of the pie!

Not to mention…are advertisers willing to pay as much for a piece of that poisoned pie in the future? Is any media willing to take the chance of them being next for defamation suits?

[OneBro]

4. Revenue vs Net Income

Taken from its revenue, the settlement is, as I noted, a cost of doing business.

Ideally, people will start voting with their dollars to drive advertisers away from FOX. They did a world of damage with those $billions.