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TheStreet: Ailes is the Fox “Franchise” says Cramer

June 4, 2023
in Trade Tube
Reading Time: 1 min read
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Roger Ailes is not just the CEO but the “franchise” at Fox News so if he is forced out the door the results at the company will decline, said TheStreet’s Jim Cramer. Cramer likened an Ailes exit from the company to NBA star Lebron James leaving a team. Ailes built Fox News into a powerhouse with far-reaching influence throughout U.S. politics but especially within the Republican Party, will reportedly leave the network in the wake of allegations of sexual harassment.

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