Quote:
Originally Posted by GoRedSox!
There is a place for straight news, but unfortunately, it doesn’t make money. It costs a lot to gather news all over the world. Unfortunately, it’s a financial loser, which is why opinion networks emerged. That being said, the price of cable went so high that millions cut the cord and many millions more will do so in the future. CNN has the biggest challenge because their ratings are the lowest. But MSNBC and Fox News are not far behind. Look at the average age of Fox News viewers. It’s an unsustainable business model. I think CNN will be sold. Warner Brothers Discovery can’t afford a losing business entity. But MSNBC and Fox News have challenges in the future as well if the current trajectory continues.
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And then TikTok becomes the primary news source. Now that is a scary thought!