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Margaret Sullivan: Will a $1.6bn defamation lawsuit finally stop Fox News from spreading lies?
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double quotation mark Fox could get zero in ad revenue and still have a huge profit margin Angelo Carusone of Media Matters for America Advertising boycotts are almost pointless since Fox gets its massive revenue largely through carriage fees – the money that cable and satellite providers pay to individual networks; Fox is able to demand and get disproportionately high rates because it has such a fervent audience. “Fox could get zero in ad revenue and still have a huge profit margin,” Angelo Carusone, president of the liberal media-watchdog organization Media Matters for America, told me.