I knew there was a Fox (the spin begins here) thread but didn't think it was this far back in time...
The Corporate Sponsors of Fox News
The Political Economy of Character Assassination
http://counterpunch.org/feldman01142011.html
By JONATHAN M. FELDMAN Weekend Edition January 14, 2011
[Here are a couple of cuts from an extensively referenced article on Fox (the spin begins here). Go to the link for the full Monty]
Ideology and Economics
The motto of "Deep Throat" of Watergate fame was "follow the money." How can we understand the discourse of hate in economic terms? Essentially, there are three critical questions. First, is right-wing character assassination profitable? Second, who invests in it? Finally, how are these investments recycled into the political and cultural system so that the larger media corporation that sponsors such violent speech appears banal?
.....A study by Pew Research in September 12, 2010 said that 39% of Americans said that they regularly received news from a cable channel. Yet, "the proportions saying they regularly watch CNN, MSNBC and CNBC€¦slipped substantially from [the period] during the presidential election." In contrast, "only Fox News€¦maintained its audience size, and this is because of the increasing number of Republicans who regularly get news there." In fact 40% of Republicans claimed that they regularly watched FOX News, an increase from 36% in 2008 and just 18% in 2000. Only "12% of Republicans regularly watch CNN, and just 6% regularly watch MSNBC." The Pew study said Tea Party movement listeners and National Rifle Association supporters comprised "disproportionately large proportions of the audiences for [Rush] Limbaugh's radio show and FOX News opinion programs."
A review of the News Corporation's annual report for 2010 reveals how profoundly important that cable television programming really is. In 2010, the News Corporation reported that it generated $32.8 billion in revenues and about $2.5 billion in profits. In 2010, cable television programming represented 21% of total revenues but 57% percent of operating income (in 2009 the proportion was 46%). The report states: "For Fiscal Year ended June 30, 2010, FOX News' revenues increased 23% as compared to fiscal 2009, primarily due to higher net affiliate and advertising revenues€¦Advertising revenues increased 9% as compared to fiscal 2009, primarily due to higher pricing. As of June 30, 2010, FOX News reached over 98 million Nielsen households." That's a considerable slice of the U.S. populace.
Fox is helping to shape public opinion among millions of voters. According to the Pew Research Center only 22% of Fox News viewers turn to it mostly for "in depth reporting" and "views and opinions" as opposed to 44% mostly for getting the "latest headlines." Nevertheless, for Sean Hannity the proportions are 60% (reporting, views and opinions) and 14% (headlines), for Beck 56% (reporting, views and opinions) and 10% (headlines), for the O'Reilly Factor 64% (reporting, views and opinions) and 11% (headlines), and for Rush Limbaugh 52% (reporting, views and opinions) and 10% (headlines)
As of June 30, 2010, FOX News reached over 98 million Nielsen households." That's a considerable slice of the U.S. populace.
Fox is helping to shape public opinion among millions of voters. According to the Pew Research Center only 22% of Fox News viewers turn to it mostly for "in depth reporting" and "views and opinions" as opposed to 44% mostly for getting the "latest headlines." Nevertheless, for Sean Hannity the proportions are 60% (reporting, views and opinions) and 14% (headlines), for Beck 56% (reporting, views and opinions) and 10% (headlines), for the O'Reilly Factor 64% (reporting, views and opinions) and 11% (headlines), and for Rush Limbaugh 52% (reporting, views and opinions) and 10% (headlines)
The Corporate Sponsors of Fox News
The Political Economy of Character Assassination
http://counterpunch.org/feldman01142011.html
By JONATHAN M. FELDMAN Weekend Edition January 14, 2011
[Here are a couple of cuts from an extensively referenced article on Fox (the spin begins here). Go to the link for the full Monty]
Ideology and Economics
The motto of "Deep Throat" of Watergate fame was "follow the money." How can we understand the discourse of hate in economic terms? Essentially, there are three critical questions. First, is right-wing character assassination profitable? Second, who invests in it? Finally, how are these investments recycled into the political and cultural system so that the larger media corporation that sponsors such violent speech appears banal?
.....A study by Pew Research in September 12, 2010 said that 39% of Americans said that they regularly received news from a cable channel. Yet, "the proportions saying they regularly watch CNN, MSNBC and CNBC€¦slipped substantially from [the period] during the presidential election." In contrast, "only Fox News€¦maintained its audience size, and this is because of the increasing number of Republicans who regularly get news there." In fact 40% of Republicans claimed that they regularly watched FOX News, an increase from 36% in 2008 and just 18% in 2000. Only "12% of Republicans regularly watch CNN, and just 6% regularly watch MSNBC." The Pew study said Tea Party movement listeners and National Rifle Association supporters comprised "disproportionately large proportions of the audiences for [Rush] Limbaugh's radio show and FOX News opinion programs."
A review of the News Corporation's annual report for 2010 reveals how profoundly important that cable television programming really is. In 2010, the News Corporation reported that it generated $32.8 billion in revenues and about $2.5 billion in profits. In 2010, cable television programming represented 21% of total revenues but 57% percent of operating income (in 2009 the proportion was 46%). The report states: "For Fiscal Year ended June 30, 2010, FOX News' revenues increased 23% as compared to fiscal 2009, primarily due to higher net affiliate and advertising revenues€¦Advertising revenues increased 9% as compared to fiscal 2009, primarily due to higher pricing. As of June 30, 2010, FOX News reached over 98 million Nielsen households." That's a considerable slice of the U.S. populace.
Fox is helping to shape public opinion among millions of voters. According to the Pew Research Center only 22% of Fox News viewers turn to it mostly for "in depth reporting" and "views and opinions" as opposed to 44% mostly for getting the "latest headlines." Nevertheless, for Sean Hannity the proportions are 60% (reporting, views and opinions) and 14% (headlines), for Beck 56% (reporting, views and opinions) and 10% (headlines), for the O'Reilly Factor 64% (reporting, views and opinions) and 11% (headlines), and for Rush Limbaugh 52% (reporting, views and opinions) and 10% (headlines)
As of June 30, 2010, FOX News reached over 98 million Nielsen households." That's a considerable slice of the U.S. populace.
Fox is helping to shape public opinion among millions of voters. According to the Pew Research Center only 22% of Fox News viewers turn to it mostly for "in depth reporting" and "views and opinions" as opposed to 44% mostly for getting the "latest headlines." Nevertheless, for Sean Hannity the proportions are 60% (reporting, views and opinions) and 14% (headlines), for Beck 56% (reporting, views and opinions) and 10% (headlines), for the O'Reilly Factor 64% (reporting, views and opinions) and 11% (headlines), and for Rush Limbaugh 52% (reporting, views and opinions) and 10% (headlines)
Comment