According to a report, Fox News Channel has had Sean Hannity on since its inception in 1996, and he will continue to anchor the network’s primetime schedule at 9 p.m. ET on July 17.
According to Fox News, Hannity surpassed Larry King, a legendary talk show presenter, to become cable television’s longest-tenured primetime news host for 25 years, six months, and 15 days in 2017. In the age of 24-hour television news, Hannity shows no signs of slowing down.
As Fox News’s viewership continues to fall, Wells Fargo downgraded Fox Corp. shares last week.
A report shows that in May, after Tucker Carlson departed the network, the news program’s ratings plummeted, as reported by Breitbart News.
Since Tucker Carlson left the network, the audience for 8 pm has decreased from three million to an average of 1.65 million.
According to a financial website on Monday, analyst Steve Cahall claimed there were “ecosystem risks” associated with the news organization, and now Wells Fargo has rated the company as “Underweight.”
Most of Fox’s profits come from Fox News, which is experiencing difficulties attracting viewers and keeping them as subscribers. With hazards also on the rise, there is a less optimistic view than Wall Street.
Cahall said that some of its problems may be traced back to Carlson’s departure.
Fox News’ share of prime-time cable news viewers was 52% from 2020 to 22; it was 51% on January 23, and it was 38% on June 23 when Tucker Carlson left the network. The percentage of conservative news consumers who watch Fox News has decreased from 94% to 84%. Although the revamped primetime schedule may help boost ratings, we still consider Fox News to be a ‘wait and see’ issue.
A study conducted in May by the Economist/YouGov found that 25% of American respondents watch Fox News “less often” now that Carlson no longer works there.