[Atlas Sneezed]

"Sorry FoxNews, you don't have any more right to those words than any other else does."

They have the right to exclude others from using them in conjunction with the provision of television news and entertainment services.

And that has not much to do with Franken's book.

[libravoter]

They have the right to exclude others from using them in conjunction with the provision of television news and entertainment services

Satire directed at Fox is definitely protected from the trademark law you are citing.