SHOCKING: Fox News is looking to get cable subscribers to help them pay the whopping $787 million Dominion Voting Systems settlement by increasing its cable fees to $3 per subscriber -- even if you don't watch them.
Fox News generates more revenue from these subscriber fees than even their advertising, and they charge more than even their other cable news competitors.
In fact, according to Media Matters President Angelo Carusone, Fox could have zero dollars in ad revenue and still have at least a 35% profit margin. This is the result of carriage fees and the guaranteed revenue they provide Fox.
People who do not watch Fox News are furious, many calling upon their cable TV carriers to cease the practice of bundling charges for Fox News in their subscriptions.
It is difficult to imagine how Fox News will maintain its audience size, now that their biggest on air personality, Tucker Carlson, is no longer working there, effective immediately.
Drop a 💙 heart if you want your cable TV provider to
#DropFoxNews from your cable bill.