Day: August 20, 2022

As Alby said in a prior thread...cut the cable and stop supporting these right wing propaganda outlets. Fox News ad revenue is down because there are only so many "My Pillows" willing to associate with the toxic brand.  Less ad revenue and fewer overall cable subscribers might turn out to be a perfect storm.

Multiple sets of analysis from Wall Street researchers show cable television as an industry in decline, with over 1.9 million subscribers cutting the cord in the second fiscal quarter of 2022, and over 5.4 million users leaving top pay-TV providers over the past year. ...Cord cutting is not a new phenomenon, but it is speeding up, and has been for years. The trend poses a threat to the financial health of institutional media companies, especially Fox Corp., due to the high proportion of revenue that comes from affiliate fees.