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Scott Galloway
Founder; Host of The Prof G Pod; Co-host of Pivot and Prof G Markets, Prof G Media

Fox News Controls Over Half of Cable News Viewership — Democrats Can't Afford to Ignore That

📅 Oct 08, 2026 Raging Moderates 43 MIN 7174 VIEWS 103 SEGMENTS · 6 SPEAKERS
Scott Galloway and Jessica Tarlov open Thursday with the Michigan Senate race, where Republican nominee Mike Rogers has released a new ad declaring that Canada is "not our enemy" and calling for an end to the tariffs — a sharp reversal from his position just weeks ago when he called those same tariffs "necessary." Rogers is now trailing Abdul El-Sayed in a race that could decide overall Senate control. Is this enough to convince Michigan voters — or is the flip too late and too transparent? Defense Secretary Pete Hegseth made a trip to San Diego this week to welcome home the USS Abraham Linco...

What Scott Galloway said

Written from the verified transcript and checked against it. Every figure links to the moment it was said.

Scott Galloway discussed the Michigan Senate race, calling Mike Rogers' tariff reversal a 'hostage video' and predicting a tight race despite polls showing El-Sayed up five points. He then addressed the Iran war, suggesting sanctions are crippling Iranians' purchasing power from $320 to $80 a month and that an October surprise could go right for the US. Galloway praised Iowa Democrat Rob Sand's double-digit lead and 89% win probability, calling it a 'lock.' He highlighted Fox News' record ratings, averaging 1.7 million daily viewers versus 551,000 for MSNBC and 432,000 for CNN, and argued Democrats must engage with Fox to reach the median voter. He criticized tech biopics, claiming Elizabeth Holmes was 'sold up the river' due to gender bias, and predicted Waymo will be the next trillion-dollar company, praising its handling of complex situations.

Key takeaways

  1. Galloway predicts the Michigan Senate race will be tighter than polls suggest, calling Rogers' tariff reversal a 'hostage video.'
  2. Galloway says Iranian purchasing power collapsed from $320 to $80 a month due to sanctions, raising odds of a positive October surprise.
  3. Galloway calls Rob Sand's Iowa governor race a 'lock' with 89% win probability, citing a double-digit lead.
  4. Galloway argues Democrats must appear on Fox News, which holds over 50% of cable news viewership, to reach the median voter.
  5. Galloway predicts Waymo will become the next trillion-dollar company, citing its autonomous driving capabilities.

Numbers and commitments

FigureWhat it refers toTypeAt
1.7 million Fox News average daily total viewers in 2025 metric 19:25
551,000 MSNBC average daily total viewers in 2025 metric 19:25
432,000 CNN average daily total viewers in 2025 metric 19:25
50% Fox News share of total cable news audience metric 19:25
$320 a month Iranian purchasing power before sanctions metric 10:04
$80 a month Iranian purchasing power after sanctions metric 10:04
89% Rob Sand's win probability per 538 metric 14:28
55% to 43% Suffolk poll lead for Rob Sand over Zach Lane metric 14:28
20% or 30% more Wheely's cost premium over Uber price 40:03

Chapters

  1. 0:00Michigan Senate race and tariffs
  2. 7:03Iran war and October surprise
  3. 14:28Iowa governor race
  4. 19:25Fox News 30th anniversary and ratings
  5. 31:57Tech biopics and Elizabeth Holmes
  6. 39:34Ride-hailing: Wheely and Waymo

Questions asked in this interview

11
  1. 1:49And why should someone take you seriously under 30 days out from an election when we have a bevy of votes and statements to back up the idea that you don't really believe anything that's coming out of your mouth right now?
  2. 5:00This is how these states work, right?
  3. 7:41But if you are up on stage last week going after the beardos and the weirdos and the fatties and then you're behind everyone in the run and what is that what is it crab walk?
  4. 22:05It's like saying should Democrats go on Joe Rogan?
  5. 23:18And then there's other people refuse to go on because they they you know, has AOC gone on Fox?
  6. 24:06Well, I mean, some of it is just a a sheer numbers game, right?
  7. 25:46Do you know that young men are in crisis?
  8. 26:04Was there always a bent to this?
  9. 32:25It's three hours long. Did you watch the trailer?
  10. 39:21Like, how much did you used to think about that?
  11. 39:59What's the cost versus an Uber?
Scott Galloway 0:10 ↗
Jess, you're being real right now.
Jessica Tarlov 0:13 ↗
Why would I deceive you? I've never been this real.
Scott Galloway 0:19 ↗
That wasn't very good.
Welcome to The Raging Moderates. I'm Scott Galloway.
Jessica Tarlov 0:26 ↗
And I'm Jessica Tarlov.
Scott Galloway 0:28 ↗
Okay, Jess, let's get into it. We'll start with Canada and the ongoing tariff standoff. By the way, Jess, as you know, we have enormous affection and a decent following in Canada, mostly because I shared that moving story about how I was conceived in Toronto, but my parents decided to move to San Diego, which I think makes me a dual citizen. More importantly, the latest news comes from the Michigan race with Republican Senate nominee Mike Rogers saying the trade war with Canada needs to end, breaking with President Trump.
Jessica Tarlov 1:00 ↗
It's a sharp turn for a candidate who called the same tariffs necessary just a few weeks ago. And it comes as Rogers trails Democrat Abdul El-Sayed in a race that could decide control of the Senate. Here's his new clip.
Mike Rogers 1:13 ↗
Drinking a Labatt's and watching the Red Wings, man, it just doesn't get any more Michigan than that. And here in Michigan, we know that Canada is not our enemy. We need to end this tariff war. Now, as Michigan senator, I'll bring both parties together to lower your prices. That's job number one. And Abdul, he wants to hit Michigan families with a $3,000 tax increase, the biggest in history. I'm Mike Rogers, and I approve this message because I'll actually put dollars back in your pocket.
Scott Galloway 1:44 ↗
Thoughts?
Jessica Tarlov 1:46 ↗
He's lying. Feels desperate. No.
Oh, definitely desperate. But I get offended by lying. I guess I should probably find a new world to function in outside of politics if it's something that really gets to me. And I'm not sure if this would actually work better. But the fact that politicians never apologize for anything, they just decide to pivot and ignore their track records, like statements they've made on the record, votes that they've taken. You know, they're out there now like Mike Rogers and Ashley Hinson in Iowa, you know, the war in Iran and it's got to end right now. It's like you're voting for all of this crap, right? And why should someone take you seriously under 30 days out from an election when we have a bevy of votes and statements to back up the idea that you don't really believe anything that's coming out of your mouth right now? And this $3,000 tax hike, which I see no indication obviously that is what's going to happen from Abdul's plans. He doesn't mention the fact that the big beautiful bill was only a tax cut for very rich people and that if you are going to end up paying more with a progressive in office, it's likely because they're doing things like trying to deliver health care for you. It's just I don't like it. I will say though that this race is closer than I think maybe even Abdul's camp feels about it. There was this big CNN piece about how confident he is and that he needs to continue to work to put together the coalition to get Black voters, Jewish voters, traditional Democratic voters into his tent. And Elissa Slotkin only won the race against Mike Rogers by 22,000 votes in 2024. And that was a very red year. And this should by all expectations be a very blue year. But Mike Rogers is not a Ken Paxton. He is a much, much, much better candidate and we take it really seriously. But he's also lying.
Scott Galloway 4:00 ↗
Yeah. First thing, he's definitely lying saying there's nothing better than a Labatt's and Red Wings. That's just not true. Zacapa and Coke and Destiny on the porch is way much better than the Labatt's. And I mean the Labatt's and the Red Wings, there's nothing better. I mean, nothing screams credibility like a guy talking about the Red Wings who lives in Florida as the polls tighten. It just it was kind of when he was saying it was like, 'Okay, sir, now blink.' I mean, it definitely felt like a hostage video. I think this is going to be tighter than people think, too. He's not Rogers is Rogers is is is bad, but he's not as Trumpy and crazy as some of the other Trump candidates.
Jessica Tarlov 4:42 ↗
He's inoffensive.
Scott Galloway 4:44 ↗
Yeah. He's Go ahead.
Jessica Tarlov 4:46 ↗
No, I'm That's it. I was just, you know, I have that rhetorical flourish that happens after I say the thing that I meant to say. He's inoffensive, you know, like
Scott Galloway 4:56 ↗
and the polls but the polls have El-Sayed up about five points.
Jessica Tarlov 5:00 ↗
No, no. There are a bunch of very high quality polls that have it at one to one and a half points, which is a jump ball, right? These are margin of error races and five points would be great. The New York Times Siena poll had him up five, but Fox had him up one. Quantus had him one and a half. YouGov about the same margin. It's going to be close. This is how these states work, right? It's a purple state. And Jocelyn Benson is going to be a big help. She's at the top of the ticket running for governor. And John James, who's running on the Republican side, isn't a particularly fantastic candidate. I actually think Mike Rogers is much better than him. But this is going to be really tight and I don't feel great about Maine at this point either. So I know that Maine has a flip and Michigan as a hold, but those were when we were going into the midterms originally. You know, Maine was all roads run through Maine and now we're like all roads run through North Carolina and Texas. You know, it's a different field.
Scott Galloway 6:03 ↗
Oh god. Okay. I can't help it. Talk to us about Maine. What are your thoughts on Maine? I think Susan Collins is much stronger than people like to acknowledge.
Jessica Tarlov 6:11 ↗
Yeah, agreed.
And she's actually up in a few polls versus 2020 when Sara Gideon was leading her in all of the polls. And then Susan Collins won by eight points. And you know, it's six years later, there's the Brett Kavanaugh vote. She votes with Donald Trump 95% of the time. She definitely reads as older and more frail. But I'm not sure that Troy Jackson is particularly compelling to people. You know, Graham Platner had an enormous amount of problems. But connecting with people was not one of them with voters, you know, and people he was that big booming voice and felt like the genuine article to people and and Troy Jackson, you know, he's a bit dorky by comparison.
Scott Galloway 7:03 ↗
Agreed. Meanwhile, Pete Hegseth, Secretary Hegseth made a trip to San Diego this week to welcome home the USS Abraham Lincoln. The visit comes after Hegseth dismissed reports of food shortages and crew fatigue during the war or during the deployment in the Iran war as completely misrepresented. He worked out with some Marines which produced this viral clip.
Thoughts.
Jessica Tarlov 7:41 ↗
I feel like that's me at Orangetheory or whenever I tell my girlfriends that I'll go with them to these classes. The online chatter about how he should come to like a hardcore reformer Pilates class with a bunch of moms has been my favorite discourse since that's the demo that I'm in. But if you are up on stage last week going after the beardos and the weirdos and the fatties and then you're behind everyone in the run and what is that what is it crab walk? What is that called when you're
Scott Galloway 8:15 ↗
doing what he the bear walk? Anyway, very embarrassing.
Jessica Tarlov 8:18 ↗
He looks ridiculous doing it.
He's definitely he's hitting that age where he's forgetting that he's aging and he's not as strong as he he thinks he is. And you know, somewhere there's a there's a sailor just back from this deployment who didn't have food for three weeks and then sees him doing box jumps and thinks, 'Okay, problem solved.' I, you know, glad that's been cleared up. Definitely feels like that's kind of the wrong the wrong focus here.
Well, I think also I mean the timing is funny that Trump is out there talking about how Iran should nuke San Diego and then the Secretary of Defense is out there huffing and puffing with some folks that are training there. But I do think this reporting from The Atlantic so far and I'm sure it will become more widespread that the Trump administration is considering military action in Iran, you know, very soon as their October surprise to try to get us on war footing mode is a very big deal and I certainly wouldn't put it past them. You know, the price tag of gas is not fitting with the amount of oil that's actually getting out through the Strait of Hormuz. Now, it's still hovering about 30 to 40% above where you would expect it to be. And that is because of how much it costs to actually get the oil out. And I would imagine that Iran is about to get very desperate in terms of maintaining an upper hand and that the Trump administration likewise is about to get very desperate as they see writing on the wall for at the very least, you know, a good night for Democrats in the House, but potentially, you know, even in the Senate.
Scott Galloway 10:04 ↗
Yeah. I've been thinking a lot about I, you know, you also have to ask yourself what could go right and I've been asking myself what could go right in the in in this war. And I think there's a decent chance that something could go very right and be sort of an a real a true October surprise. If you look at the amount of oil flowing through the Strait of Hormuz, I think it's almost back to pre-war levels. The Iranian people now have purchasing power. It's gone from $320 a month to $80 a month. I guess the the sanctions are really having a severe impact on the regime and the people of Iran. It just feels as if it's like Assad wasn't weak until he fell. I feel as if there's I think we've taken for granted that things are going to continue to go poorly for US forces or for the US as it relates to the optics in Iran. I wonder if there's I I'm wondering what could go right between now and the midterms. And I think that it's that's more likely than people want to admit. But anyways, this stuff is is really hard to predict.
Jessica Tarlov 11:10 ↗
Well, I would just say two things vis-à-vis what could go right. I mean, we have made it clear that we're not going in full scale and that, you know, it's quote unquote time for the Iranian people to rise up like, well, they already tried that and we said help is on the way and then 50,000 of their people were slaughtered. So, this isn't just what we're doing. It also depends on action from everyday Iranians who I think are rightly so concerned that they will have absolutely no backup from us because we don't have an appetite for it even if Marco Rubio and Hegseth and Trump do for instance. Americans are clearly not in the business of tolerating this and are going to vote accordingly and Iran wants to run out the clock on it as much as they can. The second thing to your point about the oil levels and yes we are around pre-war levels but the cost of this is absolutely crippling you know what it takes to get one of these tankers insured and Iran had been playing coy and Iran had basically been holding their fire letting ships go through and now the amount of attacks on tankers getting through is going up and up and up. Not the ones going to Iraq, not the ones going to allies, but the ones that are going to actually help the Western world get their energy prices under control, maybe bring down the price of oil at the pump. And I I don't see that getting better. And the lunatics, which is what we have on the other side, are still holding a tremendous amount of cards for making this as difficult as possible. And in the back of their mind, you know, they're still releasing those Lego videos and they've got their eye on November 3rd the same way all of us do here.
Scott Galloway 13:04 ↗
You know, they they know what the election means.
Jessica Tarlov 13:06 ↗
Yeah. Yeah. It's good. All good points. All fair points.
Support for the show comes from NPR. Keeping up with the political news every day can feel like a lot, especially when you have to weed through all the outrage, hot takes, and noise just to figure out what actually happened. Here's a cheat code: the NPR Politics podcast. Every weekday, the team breaks down the biggest political stories of the moment in 15 minutes or less. Right now, they're keeping a close eye on the midterms and the issues that affect your daily life, such as the cost of housing and healthcare, ICE and immigration, America's role in the world, and the growing national debt. No doom scrolling required, just a clear, calm rundown that helps cut through the chaos. The NPR politics team is made up of experienced political journalists who talk about the news like your smartest, most informed friends. They give it to you straight without the hyperbole and offer context and clarity without telling you what to think. You guys know how cool NPR is. Like if you're actually interested in the straight news and Scott and I obviously we have a bit of a partisan bias going on. NPR doesn't have that. And getting your news in 15 minutes is just an enormous time saver. It's a great way to start your day. I do this. Millions of Americans do this. You should do it, too. Listen now to the NPR Politics podcast in the NPR app or wherever you get podcasts.
Scott Galloway 14:28 ↗
So, back in the US, Iowa Democrat Rob Sand heads into the last stretch of the governor's race with a double-digit lead. A new Suffolk University poll has him at 55% to Republican Zach Lane's 43. According to 538, Sand is 89% likely to win the race. The two met in their first debate on Tuesday and things quickly got personal. Here's a clip.
Zach Lane 14:51 ↗
You literally voted in Kansas in 2018 and in 20 and in 22. You registered to vote in Iowa less than two years ago. It'll be coming up next month. And on the objection, this is not about why you're in Kansas. This is about the fact that you're not in Iowa. There are 3.1 million people who live here and they need to have a full-time Iowa governor. It's just not true. You have no evidence of that. And you cite things you said I'll be in Iowa as much as human.
Rob Sand 15:22 ↗
Again, this is a great thing to be able to address. That was directly about my children. That was directly about my children. Any family that has a blended family knows what I'm talking about. That that quote was directly about my children.
Scott Galloway 15:34 ↗
So, we weren't hands-on dads, right? Like I I totally get that. But the guy does not live in Iowa and it's a pretty big job. And I absolutely loved So the governor of Kansas, Laura Kelly, is a Democrat and she released this ad just torching him.
Laura Kelly 15:54 ↗
Imagine my surprise when I learned that one of my constituents is running for governor. Not here in his home state of Kansas, but two states over in Iowa. Now, generally I support Kansas, but in the Iowa's governor's race, I'm supporting the Iowa. Zach, there are no hard feelings, but it is time to come back to Kansas.
Jessica Tarlov 16:14 ↗
Rob Sand is Iowa as it comes, and he has run this brilliant campaign where people can't even really figure out what party he belongs to, which is exactly how you take on a red state. I mean, putting aside the Celina and, you know, betting market ads, this guy is up in some polls 10 plus points in Iowa and it is helping Josh Turk as well immensely, the Senate candidate who's phenomenal, but is not running the kind of race that Rob Sand is at the top of the ticket.
Scott Galloway 16:46 ↗
Yeah. In my sense is when I look at if if 538 has it at 89%, this thing is basically a lock. So, let's talk about what it means for Iowa if Sand wins and and what it means for the country.
Jessica Tarlov 17:00 ↗
I I mean, the governor's race, it's uh there was there's been a lot of reporting and swirl about how donors aren't paying as much attention to governor's races. Like, everyone's just obsessed with the Senate because Yeah, because Ted Cruz is this shiny toy, of course, and and we have likewise been obsessed. And that governor's races that they have the potential to actually in some ways affect policy even more. And it was very exciting. I saw that on the ActBlue, you know, the top five donations or campaigns that money is going to that Jon Ossoff came out of that and part of that is he has a ton of money and the GOP is even pulling out of Georgia and North Carolina because it needs to triage Kansas. There's also a crazy story. Did you know that Mike Collins, who's running against Jon Ossoff in Georgia, he has like a white nationalist influencer son-in-law and now they're talking about like KKK ties. So that's all that's all well and good. So I think Jon Ossoff's going to be fine. But now Gina Ortiz Jones who's running for governor in Texas has moved into the top five in terms of ActBlue donations and Rob Sand is also very popular with people giving so individually. So I think that's a good thing. And then the big donors should also be paying attention for this because they just don't have the kind of money that the Senate candidates have. I think Gina had something like $4 million on hand. You know, I think it's a big line in the sand and a big shot across the Republicans' bow if you have a Rob Sand win and by that commanding a level that the way that they have been governing is just unacceptable. And Ted Cruz said it or the first time I heard him say it was when we were in Austin with him. Many has since said it many times and I think it's a very potent talking point which is not trying to turn Texas or Iowa blue trying to turn it purple and just give people divided government which is what the Constitution wanted for us and the ability to see people actually working together across party lines to be able to do what's best for insert state Iowa Texas North Carolina etc. So I I'm very excited about it. I think he's a a made-in-a-lab quality candidate.
Scott Galloway 19:25 ↗
Agreed. He's fantastic. So speaking of I don't know how to do the segue here. Happy birthday, Jess. Fox News just turned 30 years old and its ratings lead over rivals hit a record in 2025. It averaged, get this, 1.7 million total daily viewers, compared with 551,000 for MSNBC and 432,000 for CNN. That's over 50% of the total cable news audience. Wow, that is just staggering. Jess, any thoughts on Fox turning 30 and it's it's just incredible success.
Jessica Tarlov 20:02 ↗
Well, we have been celebrating. We had a nice party yesterday. We're doing all these old packages on The Five. We ran some of it and co-hosts were making a lot of fun of me. 2014 was not my best look. I had not mastered the right the right effects. I guess
Scott Galloway 20:20 ↗
I'm sure you look just fine.
Jessica Tarlov 20:22 ↗
I look just fine, but they were saying like no was single. I did have a boyfriend, which that whatever. Jesse looked the worst out of everyone and he admitted that it was some blend of a a 9/11 hijacker and just like a greasy frat boy. But, you know, I think that one of the more important takeaways from the size of the audience is how important it is for Democrats to be showing up here and to be doing these interviews. And Abdul obviously is, you know, the big name that's been doing it with Jesse Watters and then Martha MacCallum earlier this week. And you even see the difference like Mike Rogers was on with Martha the day after. I think his interview was like about 10 minutes. Abdul went 25 minutes and he went 25 with Jesse as well.
Scott Galloway 21:09 ↗
And the way that the clip economy works, you know, you slice and dice and that's how people are ingesting this. And you have a little bit of this and a little bit of that. You know, if someone wants to see him joking around about circumcision, you can do that. But also talking about universal health care and the impact of the war in Iran or the trade wars, which I think is what the average voter is more concerned about. So the lesson of this is that there are a lot more people that either are to the right, you know, bona fide conservatives through independents and we also have a lot of Democrats watching too and that this is an audience that should be engaged and obviously it's very core to what I do and how and how I think about it. But I hope that that message is heard loud and clear to people seeking office. That this is a a good place to show up and make your case. What do you think?
Jessica Tarlov 22:05 ↗
Well, they talk about in business school discovering a white space and that is just an enormous opportunity in terms of positioning a brand or a value proposition where the space just isn't occupied. And I think Rupert Murdoch arguably discovered one of the biggest white spaces in the history of media. And that is he said he looked at media and said these are all a bunch of liberal overeducated people from the same universities all center-left or very left and there's nothing for the right other than AM radio. And he put together, you know, Fox launched and said we're going to go hard right. We're going to be more entertainment than news. And it has I mean there's just no doubt about it. It's it's probably been the most successful media company or media offering of the last 30 or 40 years in terms of discovering an underrepresented audience. I mean, they now have over 50% of the entire cable news audience. And that's it's it's not even a ratings race anymore. It's a monopoly with competitors still showing up to the race out of habit. It's like when Facebook highlights Pinterest and Snap as competitors. I think they do that to such that the FTC, they're never accused of antitrust. So, it's not the question isn't should Democrats go on Fox. It's like saying should Democrats go on Joe Rogan? They kind of have to now.
Scott Galloway 23:18 ↗
Yeah.
Jessica Tarlov 23:18 ↗
And also, I think one of the big boxes you need to check to be taken seriously as a candidate is can you go behind enemy lines? Can you go on these shows and do well? And I personally think no one's better at this than Mayor Pete and Governor Newsom. I think they are very good at going on Fox. And then there's other people refuse to go on because they they you know, has AOC gone on Fox? No, she I don't I don't think that she's going to
Scott Galloway 23:44 ↗
Well, she can't, in my view, she she can't be taken seriously as a potential presidential candidate unless she can go on and hold her own. And I think she would actually be able to. So, should we go on Fox is actually can you reach the median voter? You said something that stuck with me and I still can't get over it. That Fox has more centrist viewers now than CNN.
Jessica Tarlov 24:06 ↗
Yeah. Well, I mean, some of it is just a a sheer numbers game, right? Like if you have an audience that size. But yeah, I mean, for The Five, we're 20% Democrats, 30% independents, and then 50% Republican. But that's everything from MAGA to Romney Republicans.
Scott Galloway 24:24 ↗
Where's the batshit crazy people with an oxygen tank? What is that? 40 of those 50%.
Jessica Tarlov 24:31 ↗
I don't know. I mean, the average cable news viewer is 67 to 69. That good-looking young fella. Um, I don't know what that makes me happy. Uh, anyways, happy birthday, Jess. Happy birthday.
I like happy anniversary more than happy birthday.
Scott Galloway 24:46 ↗
I had a very good exper Let's bring this back to me. I had a very good experience at Fox. I went on every week with Stuart Varney.

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APA

Galloway, S. (2026, October 8). Fox News Controls Over Half of Cable News Viewership — Democrats Can't Afford to Ignore That [Interview transcript]. Raging Moderates. CEOInterviews.AI. https://ceointerviews.ai/interview/3012965/

MLA

Scott Galloway. "Fox News Controls Over Half of Cable News Viewership — Democrats Can't Afford to Ignore That." Raging Moderates, 8 Oct. 2026. Transcript, CEOInterviews.AI, https://ceointerviews.ai/interview/3012965/.

BibTeX
@misc{galloway2026_3012965,
  author       = {Scott Galloway},
  title        = {Fox News Controls Over Half of Cable News Viewership — Democrats Can't Afford to Ignore That},
  howpublished = {Interview transcript, Raging Moderates. CEOInterviews.AI},
  year         = {2026},
  month        = {oct},
  url          = {https://ceointerviews.ai/interview/3012965/},
  note         = {Speaker-attributed transcript with timestamps}
}