Donald Trump Wants Second CNN Town Hall After 'Absolutely Lovely' First Interview
Portfolio Pulse from Chris Katje
Former President Donald Trump participated in a CNN town hall interview on May 10, generating strong ratings for the network, a unit of Warner Bros. Discovery (NASDAQ:WBD). Trump has expressed interest in a second town hall with CNN, despite his past animosity towards the media outlet. The interview marked a shift in Trump's media preferences, as he has often favored Fox News, a unit of Fox Corporation (NASDAQ:FOX) (NASDAQ:FOXA).
May 22, 2023 | 7:56 pm
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NEGATIVE IMPACT
Trump's CNN town hall interview marked a shift in his media preferences, potentially impacting Fox Corporation (NASDAQ:FOX) (NASDAQ:FOXA) as he has often favored Fox News.
Trump's participation in the CNN town hall interview indicates a shift in his media preferences, which could impact Fox Corporation's viewership and ad revenue if he continues to favor other networks. However, it is uncertain if this shift will be long-lasting or if it will significantly impact Fox Corporation's overall performance.
CONFIDENCE 75
IMPORTANCE 50
RELEVANCE 60
POSITIVE IMPACT
Trump's CNN town hall interview generated strong ratings for Warner Bros. Discovery (NASDAQ:WBD), potentially leading to increased ad revenue.
The town hall interview with Trump attracted 3.3 million viewers, outperforming rivals Fox News and MSNBC during the same time slot. This could lead to increased ad revenue for Warner Bros. Discovery, as advertisers may be more willing to pay higher rates for spots during popular programming.
CONFIDENCE 85
IMPORTANCE 60
RELEVANCE 80