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Don't CNN, MSNBC, etc., have to make money?

Posted on 1/11/17 at 3:01 pm
Posted by Bjorn Cyborg
Member since Sep 2016
26776 posts
Posted on 1/11/17 at 3:01 pm
I can understand liberal dogma even if I disagree. But at what point is profit a concern? Their ratings are below shopping networks and food channels.

Fox is very successful. Even a moderate channel would be refreshing.

When do shareholders and boards of directors step in?
Posted by Zach
Gizmonic Institute
Member since May 2005
112469 posts
Posted on 1/11/17 at 3:03 pm to
Shep Smith just ripped Trump for belittling CNN. Trump is just a big bully.
Posted by Pettifogger
Capitol Hill Autonomous Zone
Member since Feb 2012
79202 posts
Posted on 1/11/17 at 3:04 pm to
I think CNN becoming Trump enemy #1 could be pretty profitable for them

Posted by GeauxxxTigers23
TeamBunt General Manager
Member since Apr 2013
62514 posts
Posted on 1/11/17 at 3:05 pm to
quote:

I think CNN becoming Trump enemy #1 could be pretty profitable for them

Thats a saturated marketplace.
Posted by WildTchoupitoulas
Member since Jan 2010
44071 posts
Posted on 1/11/17 at 3:08 pm to
quote:

I can understand liberal dogma even if I disagree. But at what point is profit a concern? Their ratings are below shopping networks and food channels. Fox is very successful. Even a moderate channel would be refreshing. When do shareholders and boards of directors step in?

Excellent question.

And the fact that Fox news isn't publically traded makes it even more interesting.

Is this an example of a market failure? If so, what is the alternative to a market-based media?
Posted by a want
I love everybody
Member since Oct 2010
19756 posts
Posted on 1/11/17 at 3:09 pm to
quote:

Shep Smith just ripped Trump for belittling CNN. Trump is just a big bully.

I think some of you cheering on trump for his belittling of the media are forgetting that he won the race for the president of the United States - not Chief "Lib" Jimmie Rustler.

He is the leader of a hell of a lot of people. He should act like it.
This post was edited on 1/11/17 at 3:36 pm
Posted by Apache
San Diego
Member since Dec 2013
2480 posts
Posted on 1/11/17 at 3:16 pm to
quote:

He is the leader of a hell of a lot of people. He should act like it.

How? By spending his time playing golf and eating delicious ice cream cones?


Posted by Walking the Earth
Member since Feb 2013
17260 posts
Posted on 1/11/17 at 3:17 pm to
CNN and MSNBC each had a record 2016.

Trump will be good for business.
Posted by a want
I love everybody
Member since Oct 2010
19756 posts
Posted on 1/11/17 at 3:24 pm to
So "they did it first" and even though you bitched about it endlessly you're ok with it now?
Posted by anc
Member since Nov 2012
18063 posts
Posted on 1/11/17 at 3:30 pm to
Not really. Those networks are so tied up into media conglomerates that if they lose money, its offset by free advertising for the parent company or profits from a non-loser.

For example, Time Warner owns CNN, in addition to:

HBO (big money maker)
Cinemax
TBS
TruTV
TNT
Turner Sports (several NASCAR races)
NCAA.com
March Madness on Demand
PGA.com
Bleacher Report
NBA TV
NBA.com
The Smoking Gun website
Cartoon Network
Part of Hulu
Warner Brothers
DC Comics
WB Home Video

There's a lot of profit makers in there to offset CNN's losses.


Comcast owns NBC as well as:

Comcast
the Philadelphia Flyers NHL team
Wells Fargo Center (NBA/NHL venue in Philly)
New Era
11 NBC stations in top 20 markets
Telemundo
The Weather Channel
NBC Sports
Golf Channel
MLB Network
NHL Network
Universal Studios Theme Parks
Universal Pictures
Dreamworks Studios
Fandago


Disney owns ABC, as well as

ESPN
Walt Disney Pictures
Lucas Film
Marvel Comics
Walt Disney Music
Walt Disney Theatre
Disney Retail
Disney Games
Disney Parks and Resorts
A&E Networks
History Channel
Lifetime
Freeform

Fox News is owned by Fox, that owns 20th Century Fox and others.

That is A TON OF MEDIA owned by four companies.



This post was edited on 1/11/17 at 3:40 pm
Posted by Zach
Gizmonic Institute
Member since May 2005
112469 posts
Posted on 1/11/17 at 3:33 pm to
quote:

He is the leader of a hell of a lot of people. He should act like it.


Yes. And I want my leader to tell CNN to go frick themselves. If they want to be treated with respect they should try telling the truth once in a while.
Posted by Bjorn Cyborg
Member since Sep 2016
26776 posts
Posted on 1/11/17 at 3:36 pm to
Yes, but all segments are judged by their own successes. Whoever runs CNN should want to make his division a profitable.
Posted by SwatMitchell
Austin, TX
Member since Jan 2005
2312 posts
Posted on 1/11/17 at 3:44 pm to
quote:

Even a moderate channel would be refreshing.


I totally agree, why do they all have to be biased? We have Sling TV with CNN and would love a different option, but not MSNBC or Fox News...
Posted by FutureRATeammember
Member since Jan 2015
3768 posts
Posted on 1/11/17 at 3:47 pm to
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