A new report in the Murdoch-owned Wall Street Journal about Tucker Carlson's very abrupt firing confirmed Fox News had been lying for years about supposedly not having an advertising problem related to the toxicity of its former prime-time star.
On April 26, the Journal reported that Carlson’s former show, Tucker Carlson Tonight, had been “repellent to blue-chip advertisers,” leaving him dependent on ads from direct-response businesses such as MyPillow, run by pro-Trump conspiracy theorist Mike Lindell. The Journal reported that “people familiar with the network’s operations” explained that Fox was unable to sell its ad time during Carlson’s show at a premium rate, and that the network was missing out on key sources of revenue even as it leveraged his popularity in negotiations over its cable carriage fees.
But this is a very different story from what Fox ever admitted publicly — during the years it stood by Carlson’s misinformation, bigotry, and misogyny — when the network insisted it was not really being hurt financially.
- Back in 2018, following one boycott push over Carlson’s anti-immigrant demagoguery, CNN reported that a Fox News spokesperson said “that all of the advertisers were moving their commercials to other shows on the network and that as a result no revenue had been lost.” (When an independent analysis by The Wrap showed that the December 2018 advertiser boycott had cost the network millions, Fox still claimed “no revenue was lost.”)
- Then in 2020, following paranoid comments Carlson made about Black Lives Matter protests, Fox again insisted there was nothing wrong, repeating in another statement that “all national ads and revenue from Carlson’s show have moved to other programs.”
- In 2022, Fox CEO Lachlan Murdoch proclaimed during a quarterly earnings call “we are currently not seeing an adverse advertising impact on our business.”
Against that backdrop, any mainstream corporations and ad buyers ought to at least hesitate about entering into a further business relationship with such an unreliable and dishonest partner.