--- Nick Arnett <[EMAIL PROTECTED]> wrote: > That was true in the 60s, but ever since "60 > Minutes" showed that news > can be profitable, news has become a very important > profit center. The > network news organizations had far more freedom when > they were a fixed > necessary (to meet FCC regs) expense than the > present situation, in > which they are expected to match or exceed the > profitability of the rest > of Disney, GE, etc.
News in general is a profit center (to the extent you can call "Dateline NBC" news, I guess). The main network newscasts - which I referred to - do not. Peter Jennings is expensive, and not many people watch him at 6:30pm. ===== Gautam Mukunda [EMAIL PROTECTED] "Freedom is not free" http://www.mukunda.blogspot.com __________________________________ Do you Yahoo!? Yahoo! Movies - Buy advance tickets for 'Shrek 2' http://movies.yahoo.com/showtimes/movie?mid=1808405861
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