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Fox Corp. tumbles 6% as President Trump retweets support for rival networks Newsmax and OANN
Markets Insider ^ | 11/12/2020 | Matthew Fox

Posted on 11/12/2020 12:24:06 PM PST by marcusmaximus

Class A shares of Fox News parent-company Fox Corp. dropped as much as 6% on Thursday as President Donald Trump retweeted support for its rival right-leaning news networks Newsmax and OANN.

Some of Trump's Thursday retweets include: "#FoxNews is dead," "Fox has been completely unfair and untruthful. Moving to Newsmax," and "Newsmax and Oann are great alternatives [to Fox News]."

Those retweets were then followed up by a direct message from Trump, who tweeted, ".@FoxNews daytime ratings have completely collapsed. Weekend daytime even WORSE. Very sad to watch this happen, but they forgot what made them successful, what got them there. They forgot the Golden Goose. The biggest difference between the 2016 Election, and 2020, was @FoxNews!"

(Excerpt) Read more at markets.businessinsider.com ...


TOPICS: News/Current Events
KEYWORDS: corruptmedia; defundfox; defundthemurdochs; deletefox; drudged; fnc; fox; foxexit; foxexodus; foxpocalypsenow; foxratingscollapse; stopthesteal
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To: Pollard

The Trump tweet brought the Fox ratings collapse to the attention of their investors today which happens to be Fox Corp’s Annual Shareholders meeting.


41 posted on 11/12/2020 12:43:24 PM PST by marcusmaximus
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To: RummyChick

oh never mind..they are talking about majority of Parler not Fox


42 posted on 11/12/2020 12:43:34 PM PST by RummyChick
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To: marcusmaximus

Hehe, yup, committed Drudgeicide.


43 posted on 11/12/2020 12:43:58 PM PST by LibWhacker
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To: marcusmaximus
YES! YES! YES!

44 posted on 11/12/2020 12:44:06 PM PST by Fiddlstix (Warning! This Is A Subliminal Tagline! Read it at your own risk!(Presented by TagLines R US))
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To: marcusmaximus

Scorched earth, baby....


45 posted on 11/12/2020 12:45:45 PM PST by Psalm 73 ("You'll never hear surf music again" - J. Hendrix)
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To: Psalm 73

President Trump Rocks! He waited for the Shareholders meeting!


46 posted on 11/12/2020 12:47:27 PM PST by marcusmaximus
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To: tennmountainman

Trump is on Parler.


47 posted on 11/12/2020 12:49:39 PM PST by billyboy15
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To: suasponte137

I tend to agree.

I hope people stick to their guns, I know I will.


48 posted on 11/12/2020 12:49:40 PM PST by Irenic
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To: billyboy15

Did not know that. What is his handle.


49 posted on 11/12/2020 12:50:27 PM PST by tennmountainman ( Liberals Are Baby Killers)
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To: marcusmaximus

I have great advice for you Muddocks

Double down on what youve been doing,

Go full CNN!


50 posted on 11/12/2020 12:50:49 PM PST by Gasshog
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To: suasponte137; All

Your post reminds me of the “sad” fate of Smith & Wesson after it was flipped and went to shill for Clinton gun grabbing. In short, after its management went into Baghdad Bob style convulsions about how nothing was wrong, it suffered such a HUGE boycott that it was forced into bankruptcy. Looks like FNC made have mad the same kind of fatal decision last week. I’m posting this for everyone so some FNC execs may see it and take appropriate action.


51 posted on 11/12/2020 1:08:19 PM PST by libstripper
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To: Retrofitted

Trump will be banned from Twitter soon. Banning Richard Barris was a warning.


52 posted on 11/12/2020 1:13:06 PM PST by TornadoAlley3 ( I'm Proud To Be An Okie From Muskogee)
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To: rktman

Remember what you said in my post? “Fox Noose” Yea I remembered that. Good one.


53 posted on 11/12/2020 1:13:22 PM PST by Morgana ( Always a bit of truth in dark humor.)
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To: tennmountainman

They almost crashed right after the election. Give them time to ramp up


54 posted on 11/12/2020 1:13:43 PM PST by southernindymom
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To: MayflowerMadam

The WH should move the briefing to the WH fence line.

Kayleigh inside the Fence, the WH Press Corpse outside the Fence.


55 posted on 11/12/2020 1:19:40 PM PST by Paladin2
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To: marcusmaximus

When Trump wins, his first tweet should be “Please follow me for my full statement at Parler”.


56 posted on 11/12/2020 1:22:15 PM PST by Bogey78O (So far so good.)
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To: bray; All

The decline in Prime is a disaster.

Hannity lost 18% of his viewers last night compared to Tuesday.

Laura lost 15% of her viewers last night compared to Tuesday.

Tucker was down only 1% last night, but that was because Trump asked people to watch the show last night.

FOX IS SO SCREWED.


57 posted on 11/12/2020 1:23:42 PM PST by marcusmaximus
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To: All


Need an alternative to Gofundme.

Gofundme = Fox News

They won’t allow contributions for the Postal Whistleblower that was setup by Biden-boy Investigator.

.


58 posted on 11/12/2020 1:24:48 PM PST by AnthonySoprano
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To: CatOwner

I think you’re correct. All that really, really matters to the network owners is money. Ideology comes a very distant second, or maybe third after public image.
We should never forget that.

People like Roger Ailes are the exception.
Even with Ailes, it was a matter of creating and shaping a well functioning business model. It worked quite well for a very long time.


59 posted on 11/12/2020 1:30:34 PM PST by lee martell
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To: lee martell

don’t blame the Murdoch children, altho they are bad enough:

15 Oct: Daily Beast: Rupert Murdoch Predicts a Landslide Win for Biden
THE GREAT OZ HAS SPOKEN
The Australian mogul is disgusted by Trump’s handling of COVID-19, remarking that the president is his own worst enemy and telling associates “people are ready for Sleepy Joe.”
by Lachlan Cartwright
The Australian-born billionaire is disgusted by Trump’s handling of COVID-19, remarking that the president is his own worst enemy, that he is not listening to advice about how best to handle the pandemic, and that he’s creating a never-ending crisis for his administration, according to three people who have spoken with Murdoch.
In response to an email inquiry for this report asking him if he believes Biden will win in a landslide and his thoughts on Trump’s handling of coronavirus, Murdoch responded, “No comment except I’ve never called Trump an idiot,” referring to a 2018 report that the media mogul called the president a “f**king idiot” following a chat about immigration.

While Murdoch believes the outcome of the election is a fait accompli, his New York tabloid has been doing everything in its power to help Trump’s re-election chances, publishing a screaming page 1 story on Wednesday under the headline, “Biden Secret E-Mails.” The supposed “smoking gun” emails purported to show that Hunter Biden had introduced his father to a Ukrainian businessman when he was vice president, though the Post relied on unverified documents given to them by Trump’s attorney Rudy Giuliani...

At one point in the winter, as Murdoch grew increasingly frustrated with Trump, he even considered getting behind another Democratic candidate, having discussions about supporting Mike Bloomberg in his ill-fated presidential run, a Murdoch executive told The Daily Beast.
In the run-up to the 2016 election, Murdoch twice tweeted his support for a Bloomberg run.
But he is now firmly of the mindset that the next president will be Biden, telling one associate, “after all that has gone on, people are ready for Sleepy Joe.”...

It has been a tumultuous year for the Murdoch family, with youngest son, James, and his wife, Kathryn, unleashing an extraordinary public attack on Fox News and News Corp over their coverage of the deadly Australian wildfires.
“Kathryn and James’ views on climate are well established and their frustration with some of the News Corp and Fox coverage of the topic is also well known,” a spokesperson for the couple told The Daily Beast in January...

While the elder Murdoch has dialed back his workload, he is taking a keen interest in a secretive new TV news channel being developed in the U.K. by former CBS News chief David Rhodes (BROTHER OF BEN RHODES, OBAMA’S DEPUTY NATIONAL SECURITY ADVISOR FOR STRATEGIC COMMUNICATIONS), who has been tipped as a future head of Fox News, a network where he served as vice president of news.
People familiar with the project, which is expected to launch early in the new year, remain tight-lipped about its content, giving rise to speculation it will be a watered-down Fox News-style opinion-led platform to take audience share away from the BBC...

The question that continues to be asked is how Fox News and its prime-time stars, who have gone all out for Trump, will react to the Nov. 3 verdict and who the Murdochs look to back in 2024, with insiders talking up the prospect of one of their own—Tucker Carlson—making a run for the White House...
https://www.thedailybeast.com/fox-news-owner-rupert-murdoch-predicts-a-landslide-win-for-biden


60 posted on 11/12/2020 1:34:55 PM PST by MAGAthon
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