Posted BY: Jim Hoft

On Monday FOX News announced that the channel was parting ways with Tucker Carlson, the top-rated cable news host on television today.

Following the news FOX Corp stock took a nosedive.

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FOX Corp stock lost one billion dollars in value following the news.

And the bleeding is just starting.

FOX News lost NEARLY HALF of its audience at Tucker’s 8 PM time slot.

Tucker was averaging 3.2 million viewers.
On Tuesday FOX News had only 1.7 million viewers at 8 PM.

This is a BLOOD BATH!

Via Mediaite

And in the coveted 25-54 Demo timeslot FOX News PLACED THIRD behind CNN and MSNBC.