Joe,
You might want to know the facts instead of just spouting out nonsense.
CNN started 15 years before Fox & MSNBC, and CNN has 2 channels.
According to Kagan Research, the market research firm, CNN was projected to generate operating profits of $304 million in 2005, up 6% from the $287 million it earned in 2004.
Fox News, on the other hand, was expected to jump 31% in 2005, to $248 million from $190 million in 2004.
If those estimates hold true, CNN’s profits would be $56 million more than those of Fox News in 2005. A year earlier, CNN had a lead of $97 million. Fox News would have narrowed the gap by 42% in a single year.
From losing $30 million in 2000, Fox News was now expected to make more than $200 million in pre-tax profits for News Corp. As it approaches its tenth anniversary, Fox News appears well positioned for an extended run, and bigger gains are expected in 2006 as it finally renegotiates those disadvantageous licensing contracts.
MSNBC, in turn, was projected to turn a profit of $26.8 million in 2005, its first meaningful profit in its history. Yet past projections for MSNBC have proven overly optimistic. In 2004, Kagan Research projected that the network would earn $32 million in profit; it earned only $600,000.
http://www.stateofthenewsmedia.o...p?cat=4&media=6
I know most of you have a hard time being able to comprehend reading, so I here is the chart.
http://www.stateofthenewsmedia.o...ox=1&col3_box=1
It's even in color, so I know you will figure it out.
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