{"id":164918,"date":"2023-04-25T06:21:15","date_gmt":"2023-04-25T10:21:15","guid":{"rendered":"http:\/\/stateofthenation.co\/?p=164918"},"modified":"2023-04-25T06:27:10","modified_gmt":"2023-04-25T10:27:10","slug":"tucker-carlsons-departure-wipes-half-a-billion-off-fox-corps-market-value","status":"publish","type":"post","link":"https:\/\/stateofthenation.co\/?p=164918","title":{"rendered":"<h3><b>Tucker Carlson\u2019s departure wipes half a billion off Fox Corp\u2019s market value<\/b><\/h3>"},"content":{"rendered":"<p><!--more-->RT.com<\/p>\n<h3>The channel has parted ways with its prime-time anchor, who used to attract an audience of 3.7 million<\/h3>\n<div class=\"article__cover article__cover-left\">\n<div class=\"media \"><picture><img decoding=\"async\" class=\"media__item lazyautosizes lazyloaded\" src=\"https:\/\/mf.b37mrtl.ru\/files\/2023.04\/xxs\/6447959085f5401232791b1a.jpg\" sizes=\"406px\" alt=\"Tucker Carlson\u2019s departure wipes half a billion off Fox Corp\u2019s market value\" data-sizes=\"auto\" data-src=\"https:\/\/mf.b37mrtl.ru\/files\/2023.04\/xxs\/6447959085f5401232791b1a.jpg\" \/><\/picture><\/div>\n<div class=\"media__footer media__footer_bottom \">\n<h5 class=\"media__title media__title_arcticle\"><span data-role=\"title\">Tucker Carlson during 2022 FOX Nation Patriot Awards,<br \/>\nNovember 17, 2022, Hollywood, Florida.<\/span><\/h5>\n<\/div>\n<\/div>\n<div class=\"article__text text \">\n<p>The exit of Tucker Carlson, one of Fox News\u2019 most popular prime-time hosts, has cost the channel\u2019s parent company more than $500 million in market value, according to trading data.<\/p>\n<p>Class A shares of Fox Corporation dropped as much as 5.4% on Monday before paring losses to 2.95%. The decline occurred shortly after the company announced plans to part ways with Carlson with immediate effect after more than a decade.<\/p>\n<p>Carlson\u2019s departure came several days after the broadcaster agreed to pay $787 million to settle a defamation suit brought by Dominion Voting Systems. The firm had previously sued the network for defamation in a Delaware court, alleging that Fox presenters including Carlson had promoted\u00a0<em>\u201cbaseless\u201d<\/em>\u00a0claims of fraud in the 2020 presidential election.<\/p>\n<p>Neither Fox nor Carlson revealed the reasons behind the break-up. The network only said that last Friday\u2019s episode of Tucker Carlson Tonight, which attracted a nightly audience of more than 3.7 million, was the last, and that a newscast will be aired in its time slot from Monday evening.<\/p>\n<p>Speculation over Carlson\u2019s next landing spot sent shares of Rumble, the Peter Thiel-backed conservative video network, and Digital World Acquisition, the special-purpose acquisition company merging with Trump Media, surging. Rumble rallied 6%, while Digital World gained 2.9%.<\/p>\n<p>___<br \/>\n<a href=\"https:\/\/www.rt.com\/business\/575297-fox-shares-drop-tucker-carlson\/\">https:\/\/www.rt.com\/business\/575297-fox-shares-drop-tucker-carlson\/<\/a><\/p>\n<p>&nbsp;<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-164918","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/stateofthenation.co\/index.php?rest_route=\/wp\/v2\/posts\/164918","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stateofthenation.co\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stateofthenation.co\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stateofthenation.co\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/stateofthenation.co\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=164918"}],"version-history":[{"count":0,"href":"https:\/\/stateofthenation.co\/index.php?rest_route=\/wp\/v2\/posts\/164918\/revisions"}],"wp:attachment":[{"href":"https:\/\/stateofthenation.co\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=164918"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stateofthenation.co\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=164918"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stateofthenation.co\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=164918"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}