What Caused the Ratings Decline at Fox News?

Fox News experienced a significant decline in its total day viewership during October, losing 27% of its audience compared to the same period last year. CEO Lachlan Murdoch addressed Wall Street regarding this trend, attributing the drop to viewer fatigue. Despite the current decrease in ratings, Murdoch expressed confidence that the viewers will eventually return to the network, stating that the company has encountered this specific playbook in the past and knows how to handle it.