Don’t expect members of my profession to track down the story. We’re too busy listening to Donald Trump berate NATO, lie about his investments, revive the Red Scare and call Iranian leaders “scum,” while at the same time declaring we’ve defeated Iran in a war everyone believes we shouldn’t have started in the first place. (For those keeping track, Trump has claimed he has ended the conflict close to 40 times. I can’t count how often he’s “completely obliterated” the Islamic Republic’s military, even though they keep firing missiles and sending drones against us.)
“When somebody says it’s not about the money, it’s about the money.”
-H.L. Mencken
Money gets you media companies. Media companies get you power. Which gets you money…
I guess my point was that I don’t really think these decisions are motivated by increasing profit to the media companies. That they’re happy to take a loss in this one investment to further their other goals.