The Western Journal
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Fox Corporation CEO Lachlan Murdoch said his company’s decision to oust ratings juggernaut Tucker Carlson will not affect how Fox News approaches its prime-time lineup in the future.
Murdoch signaled the company will instead seek a replacement for him and said its strategy in previous years has worked.
The comments were made during Tuesday’s quarterly earnings call when Fox divulged that it had posted a loss of $50 million during the fiscal third quarter of 2023.
The loss was blamed on the company’s decision to settle a defamation lawsuit with Dominion Voting Systems for $787 million.
Murdoch was also forced to address Fox’s decision to part ways with Carlson, who was the network’s most-watched anchor until his abrupt firing. The heir to the Murdoch empire did not reveal the company’s reason for axing Carlson.
During a question-and-answer portion of the call with investors, Robert Fishman of MoffettNathanson asked about plans for programming at a post-Carlson Fox News.
“Can you discuss whether the departure of Tucker Carlson will lead to changes in the prime-time programming strategy and then potential opportunities for more national advertising?” Fishman asked, according to a transcript of the call.
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