[geeks] just to stir things up, a few predictions

[Charles Shannon Hendrix]

Tue, 19 Oct 2004 @ 21:03 +0000, Lionel Peterson said:

> > > News insn't supposed to make a profit, that's why the FCC requires
> > > networks to have them (actually, it is a public service requirement,
> > > but news is the easiest way to satisfy that requirement)...
> > 
> > Also, it generates a lot of ad revenue both directly and indirectly.
> 
> But if Revenue < cost to produce, or even < the profits from Seinfeld
> reruns, then it is not profitable...

I'm pretty sure it is profitable though, both through direct ad revenue,
and indirect effects (eyeballs).

> > News might not be profitable, but using it to keep eyeballs on the
> > screen is *very* profitable.
> 
> Good point.



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