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| Home Front: Culture Wars |
| Liberalism is Killing Time and CNN |
| 2014-09-01 |
| Excellent explication of at least some of the problems at Time and CNN In March of this year Forbes reported on the giant media company's decision to spin off it's magazine publishing empire, saying "Time Warner's publishing unit revenues have steadily declined for the past few years. From about $4.6 billion in 2008, these revenues came down to close to $3.3 billion in 2013." This follows the effective death of Time's one-time competitor Newsweek, which was sold for a dollar to Sidney Harman. Is the media business a tough deal? Particularly for print in the day and age of cyberspace? Sure. But CNN is a cable news network - in fact, the nation's first. How could Time and CNN ever have gotten to the point where spin-offs and layoffs are the order of the day? (And not that long ago the liberal Washington Post, unable to make a profit, was sold to Amazon's Jeff Bezos.) In a phrase? Why is this happening to Time and CNN? To borrow from ex-Bill Clinton strategist James Carville's telling description of the central issue of the 1992 election? It's the liberalism, stupid. Read it all |
| Posted by:badanov |
| #19 "grupo Bimbo Slim": 'BIMBO' bread is a hot selling item down here in Tucson. Every major supermarket has at least 2 aisles dedicated to Hispanic food. We also have "El Super" supermarkets selling strictly Hispanic brands. (Its owned by a USA corp. - 'Kroger' but this is hushed up... :)) |
| Posted by: borgboy 2014-09-01 22:31 |
| #18 "Senor Slim? Come on down!" |
| Posted by: Frank G 2014-09-01 21:44 |
| #17 Property values in that area of Atlanta are a liability, not an asset I'd bet that's not what their property perspective says which they circulate around Europe and elsewhere (to the same rubes they pawned off all that Fannie Mae mortgage papers before 2007). I hear Chinese are buying a lot of property these days. |
| Posted by: Procopius2k 2014-09-01 15:24 |
| #16 Who would have thought that if you took the roughly equally conservative/liberal nation and had one side cater to the right and a thousand thirty seven cater to the left there would be some kind of disparity in success. I think some folks need to retake a business course or two. |
| Posted by: rjschwarz 2014-09-01 14:25 |
| #15 Cause, meet Effect. |
| Posted by: Fred 2014-09-01 14:18 |
| #14 Progressive ideology solves few problems and creates many, many more. |
| Posted by: JohnQC 2014-09-01 12:18 |
| #13 Property values in that area of Atlanta are a liability, not an asset. |
| Posted by: Besoeker 2014-09-01 11:38 |
| #12 ...probably the income from the bundling fees that TimeWarner et al gets from the various satellite and cable 'services', same as with MSNBC, plus the innate value of the property they sit on in Atlanta (assuming Ted was smart enough to buy the structure when he owned CNN). |
| Posted by: Procopius2k 2014-09-01 11:24 |
| #11 Any ideas of what CNN is worth if you can exclude the airport news feed monopoly? |
| Posted by: USN, Ret. 2014-09-01 11:16 |
| #10 The Boston Globe was sold to the New York Times for $1.2 billion back in the early 1990's. John Henry (of the Boston Red Sox) bought the Globe from the NYT for $70 million last year. The real estate where the Globe sits is worth $40 - 50 million. |
| Posted by: Raj 2014-09-01 10:18 |
| #9 I like the idea of "Killin' Time" now is there a "Killin CNN" song any where ? |
| Posted by: George Glose8807 2014-09-01 09:46 |
| #8 Thank you, Bright Pebbles. I wonder if I could learn to do that without becoming a master programmer? |
| Posted by: trailing wife 2014-09-01 08:32 |
| #7 fixed non ascii |
| Posted by: Bright Pebbles 2014-09-01 06:01 |
| #6 Wrapping fish, birdcage lining, floor lining when you are painting, mosquito killer, emergency toilet paper. There are so many things you can do with a newspaper and can't do with a cell phone I am still wondering how could anyone use electronic media instead of good old New York Times. |
| Posted by: JFM 2014-09-01 05:28 |
| #5 I only wish the rest of us didn't have to cope with the necrotic products. |
| Posted by: g(r)omgoru 2014-09-01 04:25 |
| #4 |
| Posted by: Besoeker 2014-09-01 04:21 |
| #3 The Wall Street Journal and Fox News are about the only big ones doing OK. MSNBC is also a noticeable victim of liberals on Paper news media seems to be dying, newspapers, magazines. Free local shopping papers seem to hanging on. With the proliferation of smart phones that can access the internet I don't know how long they can keep sufficient market share? It's kind of weird people who can't afford a car, who can only get part time work will sacrifice to get not only a cell phone but a smart phone. It becomes not only their only phone but their entertainment center. |
| Posted by: Maggie Spinenter7922 2014-09-01 03:59 |
| #2 CNN dead? Donations to Ahavath Achim in lieu of flowers please. |
| Posted by: Besoeker 2014-09-01 03:55 |
| #1 Virtual media are killing off Time and CNN; they'd kill off old conservative publications and networks too, if there were any. |
| Posted by: Glenmore 2014-09-01 03:46 |