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One billion dollars profit? Yes, the campaign has been a gusher for CNN
Just a reminder of why the M$N is pushing Trump.
According to people intimately familiar with CNN’s finances, the network and its related media businesses will approach $1 billion in gross profit in 2016, a milestone unseen in its 36-year history. .... The common thread for all three organizations has been improved ratings because of the presidential campaign, said Scott Robson, a research analyst at Kagan.
Trump, in particular, seems to have been a magnet for attracting viewers. The first Republican debate, in August of 2015, carried by Fox, attracted 24 million viewers, the most ever for an event during the primaries. That was bookended by the first presidential debate featuring Trump and Clinton in late September, which attracted 84 million viewers, a record audience for such an event.
In between, the networks have larded their airwaves with copious coverage of Trump’s rallies and events, leading to criticism that all the attention propelled Trump to the Republican nomination. Jeff Zucker, president of CNN Worldwide, recently acknowledged that at least some of CNN’s coverage was excessive, but he denied that it vaulted Trump to the nomination.
Trump, in particular, seems to have been a magnet for attracting viewers. The first Republican debate, in August of 2015, carried by Fox, attracted 24 million viewers, the most ever for an event during the primaries. That was bookended by the first presidential debate featuring Trump and Clinton in late September, which attracted 84 million viewers, a record audience for such an event.
In between, the networks have larded their airwaves with copious coverage of Trump’s rallies and events, leading to criticism that all the attention propelled Trump to the Republican nomination. Jeff Zucker, president of CNN Worldwide, recently acknowledged that at least some of CNN’s coverage was excessive, but he denied that it vaulted Trump to the nomination.
https://www.washingtonpost.com/lifestyle/style/one-billion-dollars-profit-yes-the-campaign-has-been-a-gusher-for-cnn/2016/10/27/1fc879e6-9c6f-11e6-9980-50913d68eacb_story.html
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