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Last Trade - 16/04/21

Sector
Financials
Size
Mid Cap
Market Cap £496.1m
Enterprise Value £495.0m
Revenue £n/a
Position in Universe 3200th / 6850

Fox News marks 19-year U.S. ratings streak, CNN sets record in January

Tue 2nd February, 2021 11:52pm
By Helen Coster
    Feb 2 (Reuters) - Rupert Murdoch's Fox News ended January
with a 19-year streak as the top U.S. cable news network but
ceded ground to CNN, according to Nielsen Media Research on
Tuesday.
    Fox News averaged 1.8 million viewers across the total day
and 3.5 million viewers in primetime for the Nielsen ratings
year from January 2020 to February 2021, the firm said.
    But January marked a shift in both TV viewing habits and
U.S. politics, as CNN viewers tuned in en masse as Democrats
gained control of the U.S. Senate, former President Donald
Trump's supporters stormed the Capitol and Democratic President
Joe Biden was inaugurated. 
    Across the entire day AT&T Inc-owned  T.N  CNN outperformed
Fox Corp's  FOXA.O  Fox News in January, with record ratings as
the top cable news network that month. In January, Fox’s
audience was down 19% in total viewers from the same period a
year ago, compared to CNN’s 153% total audience increase in the
period. 
    CNN also topped Fox in primetime ratings in January, a
period when Fox News and hosts Tucker Carlson and Sean Hannity
have historically been dominant.  urn:newsml:reuters.com:*:nL1N2JN2OG 
    In the first full week following the Jan. 20 inauguration,
however, Fox once again beat CNN and Comcast Corp-owned MSNBC in
total primetime viewers.
    In January, Fox News announced it was adding another hour of
opinion programming at 7 p.m., among other changes. It recently
hired Larry Kudlow, a former top economic adviser to
ex-President Trump, as a contributor to Fox News and host of a
new weekday show on the Fox Business Network.  urn:newsml:reuters.com:*:nL1N2K13DM
    CNN is expanding anchor Jake Tapper’s daily program to two
hours beginning in April and adding a Sunday program hosted by
Abby Phillip, in addition to other changes.

 (Reporting by Helen Coster; Editing by Cynthia Osterman)
 ((helen.coster@thomsonreuters.com; Twitter: @hcoster))
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