I also remember when Bush was elected there was a dust up and the same stopping of reporting. I cannot remember whether it was the first or second election. There were threads on it here and we all could see the news folks were calling the states when we here at fr could see the raw data was for Bush. We called and emailed all over that night and they retracted.
You are correct. FoxNews was never ideologically conservative; they were just businessmen perceiving a gap in the market that they could fill in exchange for lots of money.