Since Tucker Carlson was fired from Fox News, shares of Fox Corporation have dropped significantly.
On Monday, it was revealed that Fox Corp’s value plummeted by millions!
This obviously came after the shocking news that top personality Tucker Carlson would be departing from Fox immediately.
It has already hit the network very hard.
And people have some surprising things to say about the whole ordeal.
Scroll down to find out more…
Tucker Carlson was recently involved in a plethora of lawsuits against him.
And it’s these, along with his long history of controversial comments, that people believe have led to him being fired.
Abby Grossberg, his former senior booking producer, sued him in two different lawsuits.
Grossberg claimed that his show’s workplace was filled with instances of misogyny in a complaint filed in the Southern District of New York against Carlson and Fox, accusing them of sexism and harassment.
Her lawsuit asserts, among other things, that mocked-up images showed Nancy Pelosi “in a bathing suit revealing her cleavage” and that employees were asked, twice, which of two female candidates for governor of Michigan they would prefer to have sleep with.
“Tucker Carlson’s departure from Fox News is, in part, an admission of the systemic lying, bullying, and conspiracy-mongering claimed by our client,” said Tanvir Rahman, one of Grossberg’s lawyers.
Justin Wells, the senior executive producer of Carlson’s show, who is also named as a defendant in that case, was also fired by Fox.
Then there is the massive defamation case for more than $787 million filed by an electoral technology business.
Dominion Voting Systems filed a lawsuit in response to videos propagating false claims that election fraud cost then-President Donald Trump the 2020 election.
It’s safe to say it doesn’t come as a huge surprise that Fox has let him go.
As we know, Carlson is one of the most controversial hosts out there…
It’s common knowledge that he seems to revel in promoting outlandish conspiracy theories to the masses.
This is what some believe led to his departure from Fox News.
So lets take a look at some of his most controversial moments…
I think we all remember the strange take on Dr. Jill and President Joe Biden’s 45-year marriage, labeling it a PR campaign.
Now that’s a reach.
What about when he said he thought Derek Chauvins conviction for the murder of George Floyd was influenced by “the mob.”
Explaining that he believes the guilty verdict was just “America paying ransom.”
Then there’s his comments about children wearing masks during the pandemic, deeming it as “child abuse.”
Telling his viewers to “Call the police immediately. Contact Child Protective Services. Keep calling until someone arrives. What you’re looking at is abuse, it’s child abuse, and you are morally obligated to attempt to prevent it.”
Not to mention the countless comments downplaying the January 6 Capitol riots…
And let’s not forget all the misinformation he spread about the pandemic.
What makes his comments even less credible is the fact Fox News lawyers have even had to admit that Carlson’s comments are not factual…
During a slander case, District Judge Mary Kay Vyskocil said that the TV host “is not stating actual facts’” but “is instead engaging in ‘exaggeration’ and ‘non-literal commentary.’”
And now, the host has officially resigned from the network.
According to a network statement released today, his last programme occurred on April 21.
Social media users were quick to comment on the news, with one writing: “A month from now, Tucker Carlson will be forgotten and whoever replaces him will be the hottest voice in conservative politics.
“It’s mall chicken. People don’t stop going to the food court because there’s someone new behind the counter.”
While another said:
“Hate never completely disappears. It merely changes venues. It’ll be interesting to figure out where he sets up shop next.”
A third commented:
“I can’t wait to see the rest of the fallout from their LIES. Getting my popcorn.”
His departure occurs only days after Fox reached a settlement with Dominion Voting Systems…
Which had sued for defamation on the grounds that broadcasters like Tucker Carlson had pushed President Trump’s false claims of election fraud in order to boost ratings.
At the last minute, Dominion resolved the $1.6 billion lawsuit for $700 million.
The network said in a statement: “FOX News Media and Tucker Carlson have agreed to part ways. We thank him for his service to the network as a host and prior to that as a contributor.
“Mr. Carlson’s last program was Friday April 21st.
“Fox News Tonight will air live at 8 PM/ET starting this evening as an interim show helmed by rotating FOX News personalities until a new host is named.”
Since his departure, it has been revealed just how much he was paid…
According to a person familiar with contract discussions at Fox and other networks, Carlson was making between $15 million and $20 million a year anchoring “Tucker Carlson Tonight,” Fox News’ signature hour-long nightly talk show.
Thanks to his pay, he’s among the highest paid individuals in his field.
“He has more leverage than anyone else,” they said. “He could pick up and go anywhere … before this.”
With an average of 3.3 million viewers every night, Carlson’s show, which has occupied the coveted 8 p.m. ET time slot since 2017…
Was the second-most watched cable programme last year, trailing only Fox News’ roundtable sports programme, “The Five.”
There is still no update on why Carlson was let go from the network.
But it seems he had no idea that he was being let go.
Or at least that’s what it seems like from the final moments of his last show.
There was also some confusion from viewers, as the network continued to promote an interview between Carlson and presidential candidate Vivek Ramaswamy that was scheduled to broadcast even after Fox issued its statement on Monday morning.
In his final words on Friday’s show, Carlson wished his audience the “best weekend” and informed them that he would return on Monday.
Since then, Fox shares have fallen dramatically.
It seems they have lost millions thanks to their decision to remove the host.
And people have a lot to say about it…
One wrote:
“Occasionally, accountability emerges. There are more lawsuits to come for lies told recklessly that impacted so many lives in negative ways.”
A third commented: “What a HAPPY DAY!!!!!”
With another adding: “That is wonderful!!”
According to Markets Insider, the company’s stock dropped as much as 5.4 percent early on Monday afternoon…
Reaching a high of $29.27 per share.
By the time the markets closed on Monday afternoon, Class A shares had marginally recovered…
But were still down about 3%.