Inside the 3 months that could cost Fox $1.6 billion
The New York Times reports: Since 2002, when Fox News first overtook CNN as the most-watched cable news channel, one thing has been as certain and predictable as its dominance: Every time a Democrat wins the White House, the right-leaning network’s ratings take a momentary dip. That happened after the election of President Biden in 2020, too. But the reaction inside Fox was far different than before. There was panic. From the chairman of Fox Corporation on down, executives scrambled…