It's hard to decipher the suspiciously perky press release.
Fox News and Mercury Radio Arts, Glenn Beck's production company, are proud to announce that they will work together to develop and produce a variety of television projects for air on the Fox News Channel as well as content for other platforms including Fox News' digital properties. Glenn intends to transition off of his daily program, the third highest rated in all of cable news, later this year.They're making it sound all happy-happy, but as we learned a month ago, Fox News officials were already talking about "life after Beck" in view of his declining ratings.
Since last August, when he summoned more than 100,000 followers to the Washington mall for the “Restoring Honor” rally, Mr. Beck has lost over a third of his audience on Fox — a greater percentage drop than other hosts at Fox.
[T]he erosion is significant enough that Fox News officials are willing to say — anonymously, of course; they don’t want to be identified as criticizing the talent — that they are looking at the end of his contract in December and contemplating life without Mr. Beck.As are we all.