Is Fox News getting subsidies? No way they make money off ads

[Roland99]

Person a couple seats over on my flight is watching Faux. They’re largely ignoring the constitutional crisis involving their Der Twitler. But when it goes to commercial, they’re the most ridiculous ads I could think of. Worse than 3am on a digital sub channel.

Life Lock something. Some investment vehicle. Lawsuits over roundup where you, too, can seek compensation

Pitiful

[Eliot Rosewater]

1. Dont be shocked if someday we find out Putin , the richest human alive, is funding

them through the back door.

[bearsfootball516]

2. Fox News has a massive viewing audience.

I'm sure advertisers are willing to pay a lot to be there, whether we like it or not. Hannity alone regularly hits 3 million viewers.

Fox makes a fortune off ads.

[SCantiGOP]

9. You are right

But logic doesn’t sell as well here as weird conspiracy theories. Of course Fox makes money.

[pstokely]

15. but an old audience

advertisers will be pay more for younger viewers

[Adrahil]

19. Subscription fees...

Faux gets money f I'm canle and satellite providers. They are not profitable based on advertising revenue alone.

[pstokely]

21. the $ will run out once the old cable subscribers die, and younger ones won't replacement

they'll be facing the same problem the tobacco makers have, getting younger replacements

[leftieNanner]

3. Good Point

Somebody is funding them. A superstar like Sean Hannity doesn't work for peanuts, ya know!

It would be interesting to review their in depth financials too. The Mercers? Foster Friess? Kochs?

[C_U_L8R]

4. There aren't enough reverse mortgages

or adult diaper brands to sustain Fox. They gotta be getting kickbacks somewhere.

That or there are a lot of Fox viewers with erectile disfunction.

[unblock]

5. The foxnews demographic is perfect for scams and overpriced false senses of security and such

It's tailor-made for hucksters.

Perfect for the sort of ad that rational people would dismiss as complete crap but which suckers would open their wallets for. Same as they do for everything else on that channel

[uponit7771]

18. +1, the "buy gold" commercials scream scam

[Initech]

20. There's probably more scammers advertising on Fox News than in the click bait section of websites.

[jberryhill]

6. It's a publicly traded company

So, it's not as if any significant component of their finances is a secret.

[GeorgeGist]

11. Thanks for the laugh.

[jberryhill]

16. So they are lying to their shareholders and the SEC?

That would be quite a trick, given that there are people who own shares in public companies solely for the purpose of having standing to bring derivative suits against those companies. It is something of a cottage industry in some legal circles.

If you have reason to believe that they are lying to the shareholders and the SEC, your information is worth big bucks. What are you waiting for?

[beachbum bob]

7. Murdoch absorbs the losses

[NOMOGOP]

8. Conservative "ministers" are

getting paid. I would bet my life on it. There is NO WAY they all say the same thing at the same time. NO WAY. There are 20 "pastors" who, combined, have millions of "followers". I spend more time than i would like to admit watching these freaks. They talk about politics ALL THE TIME. If you are dumb enough to believe in invisible man in the sky, you are dumb enough to vote Republikkkkan.

[RKP5637]

13. Yep, there's a good correlation between invisible man in the sky believers and republican voters.n/t

[hunter]

10. Part of your cable or satellite subscription goes to them whether you watch them or not.

That's one reason I don't have a cable or satellite subscription.

Everyone who has satellite or cable television subscription is subsidizing Fox News.

[grantcart]

12. Fox news is extremely profitable

They get high volume of revenue and invest nothing into an infrastructure to obtain news.

[jpljr77]

14. Fox's carriage rate, the price cable providers pay the network to carry it, is far higher than CNN

or MSNBC. At least, it was a couple of years ago. Since MSNBC has caught up in ratings, it may have evened out. But I suspect that the Fox rate is still much higher because their audience is an advertiser's wet dream (highly...let's say, impressionable).

Carriage rate is a per subscriber fee paid by a cable provider (Comcast, for example), to a network, Fox News in this case. Fox's rate was around $1.50 per subscriber per month. So if Comcast has 30,000,000 subscribers, that's $45,000,000 paid to Fox News each month just for Comcast. They have agreements with every cable provider.

And they are near the top of the heap as far as rates go. In fact, they might be #2, a distant #2 as ESPN famously commands a rate above $5, but they are the clear kings.

[uponit7771]

17. Wouldn't be shocked or surprised they were being paid by Russian's too, propaganda is damn near same

[Raine]

22. They have the same ads as any other networks

pharma ads, cars, insurance etc. they're doing fine.

[JI7]

23. aren't a lot of their ads selling "patriotic" commemorative crap ?

call in and get your limited edition gold maga hat .................................