NFL Ratings Might Be Starting to Hurt Fox’s ‘Bottom Line,’ Report Says
Members of the Detroit Lions take a knee during the playing of the national anthem prior to the start of the game against the Atlanta Falcons at Ford Field in Detroit on Sept. 24, 2017. Rey Del Rio/Getty Images
It’s no secret ratings for NFL games have declined, but one report from CNBC suggests that Fox’s bottom line is being hit.
Credit Suisse, the Wall Street firm, lowered Fox’s price target and earnings per share forecasts for Fox. It said that Fox’s poor Sunday ratings are the cause, CNBC said.
Jack Phillips
Breaking News Reporter
Jack Phillips is a breaking news reporter who covers a range of topics, including politics, U.S., and health news. A father of two, Jack grew up in California's Central Valley. Follow him on X: https://twitter.com/jackphillips5