It has been reported that Fox News is still struggling to recover from the sudden departure of Tucker Carlson, who was removed from his position as the network's prime time host in April. According to the Daily Beast, the company has been shedding staff members as it tries to recover the huge settlement it received from Dominion Voting Systems.
According to sources, Fox Nation is in trouble without Tucker Carlson. They claim that the network isn't shutting down, but it's "cutting it back." Carlson openly criticized the company before he was fired.
During a call with investors in February, Lachlan Murdoch, the CEO of Fox Nation, said that the company had its best quarter ever, thanks to the success of its new content, such as Yellowstone 150. He also noted that higher subscription revenues helped boost the company's earnings during the last quarter of 2022. However, the company later reported a quarterly loss due to the Dominion settlement.
Fox News is NOTHING without Tucker Carlson. https://t.co/wZVHvEbRU7
— Brigitte Gabriel (@ACTBrigitte) June 28, 2023
The network has reportedly lost over five percent of its viewers in the past year. This news comes amid a media cycle that has been criticized by conservatives, especially after it fired a producer who called Joe Biden a "wannabe dictator." Some of the network's employees reportedly left the company due to Carlson's holdover staff being laid off.
Despite Fox News' statement denying the report, sources claim that the network is struggling due to its financial situation. Some of Carlson's supporters are also planning on launching a campaign to leak damaging information about the company.