MEDIA MATTERS: Limbaugh Is FINISHED: "The Damage Has Been Done"

[DontTreadOnMe]

62. I agree with most of your post except

I don't think they really had a profitable model at all. They were propped up in the beginning by right-leaning organizations, and then it became a stock-based ponzi scheme to keep the money flowing.. 20 years later and ALL of the radio markets - as well as newspapers -- are all having trouble making a profit. The internet killed the radio and the newspapers.

The giant corporations and stockholders all got caught holding the big bag of worthless shit.

Bezos just bought the Washington Post Sinkhole. It will never make a profit. Same thing with the Boston Globe.

I asked my daughter, who is a senior in college... "What was the last newspaper you purchased?" She paused for a minute, then replied.. "I don't think I have ever bought a newspaper... ever"

The internet is easier and faster.