If you were a fan of Fox News (FOX) before the right-leaning news network decided to fire Tucker Carlson -- it's most popular primetime star -- then you are in luck because not much else is changing at the network.
Fox News has faced a major backlash on social media from viewers who say they will go where Tucker goes, but Fox CEO Lachlan Murdoch assured those viewers, and investors, that the Fox News you know and love -- or hate and detest depending on your political point of view -- isn't going anywhere.
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"As regards to our programming strategy in primetime, there's no change to our programming strategy at FOX News," Lachlan said during the company's third quarter earnings call.
"It's, obviously, a successful strategy. And as always, you know, we are adjusting our programming and our lineup and that's what we continue to do."
Fox News' primetime lineup was the most watched cable television programming in the country with Carlson anchoring the lineup, but he was let go following a nearly $800 million lawsuit settlement with Dominion Voting Systems, a company that makes electronic voting machines.
That sum led Fox Corp to swing to a net loss of $54 million in the quarter despite an 18% jump in year over year revenue to $4.08 billion in the quarter. Fox reported a profit of $283 million in the same quarter last year.
There are also signs that Carlson's departure is having a positive effect on Fox's conservative rivals like Newsmax.
Fox Corp shares were up 1.6% in early market trading Tuesday.
