CNN Ratings "Down the Drain"

According to CNN co-founder Reese Schonfeld, CNN's ratings have been a disaster since Obama's election. MSNBC's ratings have done less poor, but their advertising revenue is right there in the toilet with CNN. Fox News, of course, has done remarkable.

It's funny - when George W. Bush was elected, Fox News did better because conservatives were fired up about the election victory. Now conservatives are angry about the election loss. It seems to me that Fox does best when the GOP loses or wins. Wouldn't it make sense if the other cable news stations asked why? Are Shep Smith and Greta van Susteren really right-wing hate spewing lunatics or is fair reporting a preferred service by the public? As a fair and balanced source myself, I have to assume it's the latter.