The New York Times reported today that Fox News will end up the year with 2.4 million prime-time viewers, behind only the NBC, CBS, ABC and Fox. And this is the first time Fox News will finish No. 1 in prime time and total day ratings for basic cable channels.
Even beleaguered CNN was up 76 percent year over year in prime time, averaging 1.3 million viewers. In the 25-54 demographic, CNN averaged 423,000 viewers, almost matching Fox News’s 481,000 total.
MSNBC tallied the biggest gain of the cable news networks with an 87 percent increase in total prime time viewers to 1.1 million. The network also posted a 97 percent increase in the 25-54 segment.
Fox News closes out the year hosting the top two most-viewed cable news shows with Bill O’Reilly’s “The O’Relly Factor” in first place followed by Megyn Kelly’s “The Kelly File.”
The median viewer age is 66 for Fox News, 61 for CNN and 63 for MSNBC.
Trump Media & Technology Group today reported a $58.2M net loss on $4.1M in 2023 revenues, a disclosure that drove its stock price down 22.6 percent to $47.96.
Barry Pollack, an attorney at Wall Street’s Harris St. Laurent & Wechsler, has registered Julian Assange as a client with the Justice Dept. “out of an abundance of caution.”
Paramount Global to slash 800 jobs in what chief executive Bob Bakish calls part of an effort to “return the company to earnings growth"... Rolling Stone editor-in-chief Noah Shachtman is exiting at the end of the month due to disagreements with chief executive Gus Wenner over the direction the magazine is taking... The New York Times broke the $1 billion barrier in annual revenue from digital subscriptions in 2023... Press Forward is investing more than $500 million to strengthen local newsrooms.
The majority of news articles are read within the first three days of publication, according to a recent report.
The Los Angeles Times gives pink slips to 115 people or 20 percent of its newsroom staff... TIME is also laying off about 30 employees, which is approximately 15 percent of its editorial staff... The Baltimore Banner, which was launched by Stewart Bainum in 2022 after he failed to buy the Baltimore Sun, added 500 subscribers per day in the three days following Sinclair Broadcast Group's deal to purchase the Sun.
Have a comment? Send it to 
No comments have been submitted for this story yet.