Here's How Many People Watched The 2024 Presidential Debate And How Fox Beat CNN At Its Own Game
Portfolio Pulse from Chris Katje
The first 2024 presidential debate hosted by CNN, a unit of Warner Bros. Discovery (NASDAQ:WBD), attracted 47.9 million viewers. Fox News, a unit of Fox Corporation (NASDAQ:FOX)(NASDAQ:FOXA), led the ratings with 8.82 million viewers. Other media companies like Walt Disney Company (NYSE:DIS)-owned ABC and Paramount Global (NASDAQ:PARA)(NASDAQ:PARAA)-owned CBS also saw strong viewership. The debate was the most watched event in CNN history but had 35% fewer viewers than the first debate of 2020.

June 29, 2024 | 3:13 pm
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Walt Disney Company's ABC saw strong viewership for the first 2024 presidential debate, with 8.70 million viewers, ranking third among networks.
ABC's strong viewership in the debate could positively impact Walt Disney Company's stock, although the overall impact may be less significant compared to Fox and CNN.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50
POSITIVE IMPACT
Fox News, a unit of Fox Corporation, led the ratings for the first 2024 presidential debate with 8.82 million viewers. Fox's strong political viewership continues to dominate.
Fox News' leading viewership in the debate highlights its strong position in political coverage, likely boosting Fox Corporation's stock in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
Fox News, a unit of Fox Corporation, led the ratings for the first 2024 presidential debate with 8.82 million viewers. Fox's strong political viewership continues to dominate.
Fox News' leading viewership in the debate highlights its strong position in political coverage, likely boosting Fox Corporation's stock in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
Paramount Global's CBS saw strong viewership for the first 2024 presidential debate, with 4.81 million viewers, ranking fifth among networks.
CBS's strong viewership in the debate could positively impact Paramount Global's stock, although the overall impact may be less significant compared to Fox and CNN.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50
POSITIVE IMPACT
Paramount Global's CBS saw strong viewership for the first 2024 presidential debate, with 4.81 million viewers, ranking fifth among networks.
CBS's strong viewership in the debate could positively impact Paramount Global's stock, although the overall impact may be less significant compared to Fox and CNN.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50
POSITIVE IMPACT
Warner Bros. Discovery's CNN hosted the first 2024 presidential debate, attracting 47.9 million viewers, the most in CNN history. However, viewership was down 35% from the first debate of 2020.
The debate set viewership records for CNN, which could positively impact Warner Bros. Discovery's stock in the short term. However, the 35% drop from 2020 may temper some of the enthusiasm.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100