WolvesFan21 wrote:monsterpile wrote:WolvesFan21 wrote:monsterpile wrote:WolvesFan21 wrote:So CBS (And Fox) from their own networks that carries sports Is hoping this elaborate plan is gonna help them create more overall revenue? Who watches CBS news anyway? So the average sports fan is going to watch CNN and drive the advertising dollars for that network? I'm sorry but I don't see the money coming in from this situation to those media outlets like you say. Honestly the idea of people not watching sports and soaking up CNN makes me laugh. You know that people that own these types of media empires have other business interests right? Lots of people don't even watch any kind of televised news at all. If you have numbers that show otherwise I'd like to see them. There is simply a lot of lost revenue in the pandemic and a lot of it to people that have A LOT of money. I haven't seen anything You have presented that convinced me for this scenario to be real. Thanks for your responses.
Monster- Here is a trust in media poll. It was a record low in 2016 at 32% of people who trusted the media a fair to great amount.
Democrats are the most brainwashed with a still 76% trust in media which is astonishing.
https://news.gallup.com/poll/243665/media-trust-continues-recover-2016-low.aspx
If people don't trust the media, they are not going to watch the media either since they know it's crap.
You kind of help my point is that the people that own these media conglomerates do also own or invest in other large corporations as well which would only benefit from smaller businesses going under during the pandemic.
You just said people aren't going to watch media because it's crap. I thought you said they were going to watch it more and that was the whole point of this whole thing.
That was 2016, so yes the media conglomerates were in serious trouble. I'm simply pointing to a motive as to how they can start to rebuild or boost ratings. It was in a Simpsons episode which was where I got the idea.
[youtube]V5ATxwXSvKo[/youtube]
Do you have any proof in 2020 that it's actually working?
I don't have any poll numbers yet.
Being private companies they don't need to share revenue or profitability.
Do you have proof they are not?
You are flat-out wrong on both fronts. Stop peddling falsehoods that feed your fantastical conspiracy theories.
The vast majority of mass media entities are owned by publicly traded companies that report revenue and earnings on a quarterly basis that is easily accessible to the public with a couple of clicks.
- CNN is part of Warnermedia, which is owned by AT&T. AT&T breaks out earnings and revenues by operating segment. Warnermedia is one of those segments.
- Fox is part of the Fox Corporation, another publicly traded company.
- NBC, MSNBC, and CNBC are all owned by Comcast NBCUniversal. They also breakout earnings for their media properties.
Also, there are ratings firms that constantly gauge the viewership of these outlets. That is also accessible to the public.
Also, no, these companies were NOT in trouble in 2016. In fact, they were doing quite well.
From the Comcast earnings report for year-end 2016:
NBCUniversal Revenue Increased 13.0% and Operating Cash Flow Increased 14.0%
From Fox's 2016 earnings release:
The Company reported annual total segment operating income before depreciation and amortization ("OIBDA")3 of $6.60 billion, which was $109 million, or 2%, higher than the adjusted OIBDA4 reported in the prior year
From Warnermedia's 2016 earnings release:
Operating Income grew 10% to $7.5 billion and Adjusted Operating Income grew 10% to $7.6 billion
It's hard to take anything you say seriously about this stuff when you get just basic facts wrong. Yet we're supposed to believe these elaborate conspiracy theories you keep floating!?