Fox Corporation suffered a stock loss when it was announced that Tucker Carlson was OUT at Fox News. The staggered stock loss was about $1 billion in market capitalization according to reports. This was noted as an 'evaporation of value' that showed just how much Tucker Carlson, 53, was really worth to the network.

A report on Washington Examiner detailed how much Fox Corporation lost in stock value. The news report also reminded readers just how important Tucker Carlson was in the ratings for certain demographics, saying the following:

Fox News recently announced that in the first quarter of 2023, the show was the “highest-rated program in cable news in the younger 25-54 demo, averaging 3.2 million viewers, 443,000 in the demo and 299,000 in the 18-49 category.”

Carlson was perhaps Fox News’s single most-recognized anchor. His show was the network’s second-most popular program last year, with only The Five attracting more viewership.

In other news, Dan Bongino is out at Fox News and Don Lemon got fired from CNN. People are wondering what in the world is going on in the mainstream media.