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To: Dr. Scarpetta
Please help this confused soul!

Will someone out there tell me why the Market doesn't seem to be working in Cable News? It's as if everything I've ever learned about markets is invalid.

FOX is crushing CNN and MSNBC. It's become a complete rout. But CNN & MSNBC persist in a format that's not working. They continue to spew out garbage hour after hour, day after day. Why hasn't someone in management stepped in and made some changes.

How can Larry King do Michael Jackson shows for 2 months? Unbelievable. Are there that many stupid people out there? I've never seen anything like it.

Meanwhile over at MSNBC the comedy continues. Almost nobody watches Hardball, Maddow, Ed Shultz, and yet these shows stay on the air. They are almost like NPR in that no one is tuned in. What gives?

Have these networks found a way to still make money even with low ratings? I know why NPR and PBS stay on the air and even on those stations there is some good programming. But for the life of me I cannot understand CNN and MSNBC.
56 posted on 09/05/2009 10:13:41 AM PDT by truthguy (Good intentions are not enough!)
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To: truthguy
Almost nobody watches Hardball, Maddow, Ed Shultz, and yet these shows stay on the air. They are almost like NPR in that no one is tuned in. What gives?

I've been wondering the same thing. Plus, Olbermann gets paid $9 million a year. I know a woman who watches Olbermann, and she's been brainwashed by him. She thinks Glenn Beck is despicable, even though she's never watched the program.

64 posted on 09/05/2009 10:22:19 AM PDT by Dr. Scarpetta
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To: truthguy
“Will someone out there tell me why the Market doesn't seem to be working in Cable News? It's as if everything I've ever learned about markets is invalid”

But the market IS working on cable news.
From News International’s(parent company of Fox) earnings report:
Wednesday, Aug 05
“”******Chairman Rupert Murdoch singled out the success of Fox News Channel in his release:

The FOX News Channel (FNC) operating income, as compared to the prior year, increased 50% for both the fourth quarter and the full year, primarily from increased affiliate revenues. For the full year, FNC primetime ratings were up 45% compared with the same period a year ago.
And Fox News continues on a ratings tear this week. On Monday night and again last night, FNC beat the combined prime time averages, in both Total Viewers & A25-54 viewers, of MSNBC and CNN.

In fact last night, “The O’Reilly Factor” (on cable TV) averaged 3.67 million Total Viewers at 8pmET topping the 8pm average of 2.91M on ABC (on broadcast TV), with “Superstars.”******
http://www.mediabistro.com/tvnewser/fnc/fox_news_a_bright_spot_in_bleak_news_corp_earnings_report_123607.asp

Fox News IS making record profits. And Fox News profits DID go up by 50% for both the last quarter and for the entire year, despite the worst recession for over 70 years.
That's market forces working right there for ya. Give consumers a product they want, and you make good money.

87 posted on 09/05/2009 11:11:39 AM PDT by SmokingJoe
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