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.
Nonsense. The network news operations, which are business units, are quite profitable. It doesn't even make sense to talk about the profitability of the evening newscast, since news-gathering expenses are shared by the rest of the news operations.
The way that big media is organized, news is a very profitable business. That becomes painfully clear to the people in those divisions when profits drop.
I'm *not* criticizing capitalism here. I'm criticizing an oligopoly that (legally) abuses liberal democratic freedoms.
Nick
-- Nick Arnett Director, Business Intelligence Services LiveWorld Inc. Phone/fax: (408) 551-0427 [EMAIL PROTECTED]
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