Cable News (1980-2023) by Dana F. Blankenhorn has a very relevant 🎵 track that opens the post.. You can find the 🔗 lyrics here.
Who “wins,” i.e., who is the last one standing? Probably NBC. Comcast has cash flow. NBC has learned how to segment the market with MSNBC, CNBC, NBC Now, NBC News and Local Now. That’s five bites at the remaining cable apple, five channels they can sell to the “skinny bundle” boys like YouTube Plus. And the cost is nominal – a few sets at the NYSE and 30 Rock. Reporters are no longer stars at any of those shops. CNN and Fox are out in the cold. Their owners are going to squeeze all the juice out for profit until there’s nothing left, then throw the remaining goodwill at one of the big boys.
💬 Dana Blankenhorn