Trump hammers Fox News, blaming network for GOP losses as ratings slide

Summary

• President Donald Trump blamed Fox News for Republican losses in the midterm elections, stating the network bears responsibility for consistently covering Democratic opposition.
• Democrats gained control of both the Senate and House of Representatives, flipping seats in states such as Texas, South Carolina, and Kansas.
• Trump claimed Fox News ratings dropped 27% because the network focused too heavily on covering Democrats.
• Fox News reported 1.1 million average viewers for October, a 27% decline from the same month the previous year.
• Fox Corp. CEO Lachlan Murdoch attributed the viewership decline to "viewer fatigue" rather than audiences switching to competitor networks.
• Murdoch stated that viewers reducing their television consumption are not moving to MS NOW or CNN.
• MS NOW and CNN both reported double-digit primetime viewership increases in October compared to the prior year.
• Nielsen data cited by Fox showed MS NOW had 588,000 average viewers and CNN had 402,000 average viewers in October.
• Fox Corp. reported fiscal first-quarter revenue of $4.57 billion, a 22% increase year over year.
• Advertising revenue at Fox Corp. rose 47%, driven by political advertising and the FIFA Men's World Cup.
• Trump appeared on Fox News' "Hannity" program on Monday night ahead of the election.
• CNBC and MS NOW are divisions of Versant Media.