Audience Fragmentation Accelerates

its chance, of the story’s futures

0.0%on the S&P 500, if it happens

The ratings decline proves to be part of a broader migration away from linear cable news toward streaming, social video, podcasts, and smaller ideological networks. Fox remains profitable but loses some of the scarcity premium that made Fox News especially valuable to distributors and advertisers.

What it moves

Consumer Services−0.6%
Telecommunications−0.1%

Sectors in percent; other series by direction only.

Each figure is the modeled move of the S&P 500 if the outcome occurs. For information only. Not investment advice.

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