/sarc Yeah..thats why Fox is making $700 million this year, and making more money than MSNBC and CNN combined, as well as the three network news.
“Henry Blodget
Jan. 9, 2010, 7:54 PM
When Roger Ailes started FOX News in 1996, people said he'd have no chance against CNN.
This year, FOX News will likely make $700 million of profit—more money than CNN, MSNBC and the evening newscasts of NBC, ABC and CBS combined.
Ailes rules not only the news business but politics: If Ailes were a Democrat, James Carville says, the Democrats would control 67 seats in the Senate.
David Carr and Tim Arango of the NYT provide a snapshot of News Corp’s most valuable asset. Here's the money shot:
Mr. Ailes, the son of a foreman at the Packard Electric plant in Warren, Ohio, described his upbringing with three words: God, country, family and said that credo was responsible for the success of Fox News
[snip]”
http://www.businessinsider.com/henry-blodget-fox-newss-700-million-man-2010-1
New York Times:
“Mr. Ailes is certainly making money. At a time when the broadcast networks are struggling with diminishing audiences and profits in news, he has built Fox News into the profit engine of the News Corporation. Fox News is believed to make more money than CNN, MSNBC and the evening newscasts of NBC, ABC and CBS combined. The division is on track to achieve $700 million in operating profit this year, according to analyst estimates that Mr. Ailes does not dispute”
http://www.nytimes.com/2010/01/10/business/media/10ailes.html?hp
What more ya got?
Again, you don’t understand the difference between revenue and profit. You’re a product of our public school system, no doubt.