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LizBeth

(9,964 posts)
Mon Apr 24, 2023, 08:12 PM Apr 2023

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

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.

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Trump cost Fox News $787.5 million because he is such an ass and had the power he did (Original Post) LizBeth Apr 2023 OP
Tucker's lies were fine with Fox as long has he brought in the viewers and ad revenue. keithbvadu2 Apr 2023 #1
FOX made almost $14 Billion in 2022 OneBro Apr 2023 #2
Incorrect! Revenue was $14B... Alexander Of Assyria Apr 2023 #3
Revenue vs Net Income OneBro Apr 2023 #4

keithbvadu2

(37,517 posts)
1. Tucker's lies were fine with Fox as long has he brought in the viewers and ad revenue.
Mon Apr 24, 2023, 08:27 PM
Apr 2023

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

OneBro

(1,159 posts)
2. FOX made almost $14 Billion in 2022
Mon Apr 24, 2023, 08:43 PM
Apr 2023

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

(7,839 posts)
3. Incorrect! Revenue was $14B...
Mon Apr 24, 2023, 09:30 PM
Apr 2023
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

(1,159 posts)
4. Revenue vs Net Income
Mon Apr 24, 2023, 10:02 PM
Apr 2023

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.

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