MORE Fox hosts on the chopping block after Tucker's firing
No Lie with Brian Tyler Cohen
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Fox's Profits Were Last Year Were $1.2 Billion
Fox News has been hit with a series of lawsuits, including one that is worth 33% more than its profits last year. The Murdochs are sitting on $4.4 billion in an acquisition fund and have some leeway there to change their business model if they need to make money from advertisers again. Do I think Fox will go to insolvency? No, because they have plenty of assets available to them and they can get liquid. What I do think is they can go to a point where they're no longer profitable and that would then require immediate changes to their business model.
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