Pending U.S. antitrust legislation that would help local news companies get paid by Silicon Valley platforms: Plummeting ad sales has forced Big Media to reckon with an even bigger problem — cord-cutting and a slowdown in consumer spending on subscriptions.
The U.S. pay-TV market is now shrinking by more than than 6% per year, setting a new record for the worst level of decline, according to an analysis from MoffettNathanson.The world's biggest entertainment companies, including Netflix, Disney, Paramount and Warner Bros. Discovery, have all lost billions of dollars in value as Wall Street's love affair with unprofitable streaming bets wears off.in response to a Post-Trump news cycle that's riddled with depressing headlines.
The media is literally complicit as primary co-conspirators in the perpetuation of the policies that have led to dumpster fire that we find ourselves in I have zero sympathy for any of you and am actively rooting for your abject failure
They aren't needed.
Layoffs are difficult. Don’t wish them on anyone. Disappointment & distrust of the industry is not surprising. I’m an ardent TV fan waiting for the new Morrows, Huntleys, Brinkleys, Chancellors & the early AndreaMitchell. (Current Andrea suffers from bothsiderism).
You should all go out of business, until you start to learn to do a real and honset journalism again!
A winter of severe illness and death, you might say!
That's funny. Just wait until the fascists take over.
Karma
Thanks Joe Biden
Looking forward to the purge.
I guess they better start learning to code huh?
Good
Good
And yet Tucker Carlson’s bank balance grows exponentially every year. 🤡📺
Best news I’ve heard all day.