Why would Fox have to be for sale? It’s a publicly-traded company. The Busch family didn’t want Anheuser-Busch taken over by InBev, but it’s now Anheuser-Busch InBev.
The Murdochs own 39% of the stock outright, and rest assured, they have a lock on the 12% needed to keep them in effective control. They would have to agree to put it up for sale - a hostile IPO makes zero sense unless Bloomberg is willing to pay absolutely insane multiples. If the Murdochs refuse to sell at any price, Bloomberg would have to price News Corp so high that 82% of the remaining shares would agree to sell.
Fox News ain’t king of the Hill. It’s king of a very small sandbox.
Fox trumpets ratings that ignore the REAL elitist, liberal media: the nightly newscasts from ABC, NBC, and CBS.
ABC’s World News Tonight draws an average audience of 8.6 million viewers. NBC Nightly News is second with 7.9 million, and CBS is in third place with 5.9 million.
Meanwhile, what’s the highest rated Fox News show? Hannity, which averages 3.2 million viewers per night. And Hannity is in prime time, which means it has a bigger potential audience.
(Compare Hannity with the lame CBS 8:00 p.m. Monday night comedies, The Neighborhood and Bob Hearts Abishola, each of which draws somewhere around 2.4-2.7 million more viewers than Hannity.)
Of course, none of the news shows can afford to get cocky,. The highest-rated Sunday morning program is CBS Sunday Morning, for 16 years in a row.
Fox isn’t nearly the only propaganda game in town. There’s three “all news” radio stations in my town with lots of talk and it’s all 100% right wing BS. There’s seven religious broadcast stations here that when they’re not preaching religious BS they’re spewing right wing, “Trump was sent here to save us!” BS. All of this propaganda goes out all day and all night. Truth isn’t even given a nod.
If Bloomberg was so inclined as to get into the slanted news business he would be better off following the example of Sinclair and buying up a network of local stations, locking in the news staff with contracts with punitive break clauses and then forcing them to read out propaganda as part of each news broadcast. Seems to be working for him despite resistance from the stations themselves.
This has been a season where rich people are purportedly trying to use their money to obtain a better center-left outcome than would happen if they don’t intervene.
They are intervening by running for President, and in Steyer’s case, also running pro-impeachment ads.
What’s wrong with people telling them how they can get more bang for their buck? I don’t get what’s “stereotypically liberal” about that.
I’m not even gonna start going into everything that’s stupid about this statement.
M<ore people watch Fox, than watch ABC, NBC, CBS, PBS, CNN, and MSNBC and all other “liberal” news media combined?
cite please.