The Fool wrote:

The conventional wisdom on the main network news
broadcasts is that they lose money significantly. That may be incorrect (I'm not a media expert) but my
impression is that they are treated as loss-leaders. The demographics of their audience are _extremely_
old, and advertisers generally pay much lower rates
for elderly eyeballs.

I'm astounded that this perception persists... but since the media treat the media as a virtually taboo subject for real journalism, I suppose it shouldn't surprise me.


They are very profitable.

Nick

--
Nick Arnett
Director, Business Intelligence Services
LiveWorld Inc.
Phone/fax: (408) 551-0427
[EMAIL PROTECTED]


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