Did you ever have a neighborhood restaurant that was popular and one you liked and frequented?
One that became successful by serving good food at fair prices backed up by a friendly atmosphere and excellent customer service?
Then one day a sign in the window said “Under New Management”.
The founders had passed the business on to their children who were full of new ideas and determined to improve the things they didn’t like.
The menu changed, the comfy home-style favorites were gone, prices went up while the quality of service went down. The remodeled decor and atmosphere were cold and impersonal.
And less than a year later the business closed and the building was vacant.
But just several blocks away a new restaurant had opened up and become a neighborhood success by serving good food at fair prices backed up by a friendly atmosphere and excellent customer service.
Exactly. CNN went down after 20years as has now Fox after 20 years.