Fox News markets are down 7.5% in the US over the last week, according to the data provider Nielsen, according a Reuters report.
Fox News is currently down by about 9% over the same time last year, according data from MarketWatch.
The market has been in a bear market since the start of the year.
“Fox News has a long way to go to catch up with its long-term ratings decline and is currently at risk of a significant correction, analysts said in a note to clients, according the Wall Street Journal.
Nielsen’s data shows that Fox News’ market share has been falling for more than a year now.
For the quarter ended in March, Fox News reported 8.6 million total viewers and 5.2 million adults 18-49, down 9% and 3%, respectively, compared to 8.9 million and 5 million viewers and 4.4 million adults 25-54, respectively, according Nielsen.
In total, Fox’s ratings dropped from 18.9 in March to 14.9 last month, according MarketWatch, which was down 8% from its April total of 18.4.
As for Fox’s news and political coverage, FoxNews.com, the online channel for the channel, reported a decrease in viewership and advertising revenue from 7.9 to 5.1 million, according Reuters.
On the news side, Fox said in its first quarter report that its coverage of the 2016 presidential election was down by 6% compared to the same period last year.