Fox News ratings collapsed in the period between January 4th and 10th.
The network garnered 1.7 million daily viewers, falling to 3rd behind CNN, which garnered 2.8 million daily viewers during the same time period and MSNBC, who garnered 2.3 million.
Fox News disappointed many Trump supporters with their 2020 election coverage.
The controversy escalated when Fox News’ decision desk insisted on being the first to call Arizona for Biden election night.
Biden was leading by double digits at the time and the final margin ended up being less than a single percent.
In a bold statement to Variety, Newsmax CEO Chris Ruddy said in November “we would like to overtake Fox News in the next 12 months, and I think it’s do-able.”