OLD Media Moves

Fox Business ratings tops for Brexit

June 24, 2016

Posted by Chris Roush

Fox BusinessFox Business Network‘s special coverage of the British referendum to leave the European Union recorded more viewers than rival CNBC on Thursday evening, according to Nielsen Media Research data.

However, CNBC had more viewers in the key 25- to 54-year-old demographic.

The special edition of “Varney & Co.” anchored by Stuart Varney on Fox Business averaged 238,000 total viewers between 11 p.m. and 1 a.m., which was more than CNBC’s “Brexit: UK Decides” special, which averaged 167,000 total viewers.

In the 25- to 54-year-old demographic, the CNBC show averaged 73,000 viewers while the Fox Business show averaged 51,000 viewers.

From 7 p.m., when Fox Business began airing content about Brexit, until 1 a.m., it averaged 241,000 viewers while CNBC averaged 188,000 viewers. However, in the 25- to 54-year-old demographic, CNBC averaged 66,000 viewers to 40,000 for Fox Business.

It’s the first time that Fox Business beat CNBC during primetime breaking news.

Nielsen has acknowledged that it can’t accurately measure CNBC’s audience, according to a letter it sent to the business network. Many CNBC viewers watch in offices and at trading floors.

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