That’s why people have tuned the MSM out. They lost whatever shred of credibility they still had when they coronated crooked Hillary before voters even had a chance to weigh in LOL
There used to be money to be made owning newspapers and television stations.
Now, papers like NYT and other cities, some are purchased for their real estate holdings.
Not a lot of money in it.
For the remainder, there is no income producing reason for owning “old media” companies except to use them for propanda, to further business interests. That is why we must examine freedom of the press vs freedom of market/public relations/propaganda.
Why did Bezos buy WAPO, Carlos Slim=NYT or Adelson=Las Vegas Review. Not because they generate profits. Plus you can buy them extremely cheap.