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Fox News cancels Lou Dobbs’ show

Fox News has cancelled its business network's “Lou Dobbs Tonight" and will air the program's final show on Friday night, the LA Times first reported.

Why it matters: Dobbs, Trump’s favorite TV host, helped promote the baseless assertions of widespread voter fraud in the 2020 election. Conservative-leaning media companies, including Fox, are in the throes of navigating a post-Trump landscape.


  • The cancellation comes after Smartmatic filed a $2.7 billion defamation lawsuit against Fox News, some of the network's hosts — including Dobbs — and members of Trump's entourage for launching a "disinformation campaign" against the company.

What they're saying: "...FOX News Media regularly considers programming changes and plans have been in place to launch new formats as appropriate post-election, including on FOX Business — this is part of those planned changes," a Fox News Media spokesperson told Axios.

The state of play: Instead of Dobbs' show at 5 p.m. and 7 p.m. EST on the Fox Business Network, the slots will be filled starting Monday with "Fox Business Tonight," which will be hosted by Jackie DeAngelis and David Asman on a rotating basis.

  • Dobbs, 75, remains under contract at Fox News.

Go deeper: The right-wing media decoupling

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Fauci says transition delay harmful to public health as COVID-19 cases surge

NIAID Director Anthony Fauci said on CNN's "State of the Union" Sunday that President Trump's refusal to cooperate with President-elect Biden's transition team hurts public health as coronavirus cases surge across the country.

The state of play: As President Trump refuses to concede the election to President-elect Joe Biden, General Services Administration Administrator Emily Murphy has not signed documents declaring Biden the apparent winner, preventing the president-elect's agency review teams from having access to the information they need in order to get to work.

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The SPAC boom is starting to crack

The SPAC boom is beginning to show its first cracks, as several private equity-sponsored efforts have needed to downsize.

Driving the news: Cerberus yesterday shrunk the anticipated IPO for its telecom-focused SPAC from $400 million to $300 million.

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AOC says it's "extremely important" that Biden offer Bernie Sanders a Cabinet position

Rep. Alexandria Ocasio-Cortez (D-N.Y.) said on CNN's "State of the Union" Sunday that she believes it's "extremely important" that Joe Biden offer Sen. Bernie Sanders and other progressive leaders Cabinet positions if he's elected president.

The big picture: Ocasio-Cortez was pressed repeatedly on policy differences between her and the more moderate Biden, including her opposition to fracking and support for Medicare for All. She responded that it would be a "privilege" and a "luxury" to be able to lobby a Biden administration on progressive issues, insisting that the focus right now should be on winning the White House.

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Roku and AT&T finally reach agreement to distribute HBO Max

After a months-long battle, Roku and AT&T have finally reached an agreement to distribute AT&T's streaming service HBO Max.

Why it matters: Until now, Roku was the only TV platform that did not carry HBO Max. AT&T struck a deal to distribute HBO's on-demand subscription video service on Amazon Fire devices and Prime Video channels in November.

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