"The distinction between broadcast and cable is increasingly irrelevant, I wonder why are broadcast networks even in the news business? Hall said. I could see in 5-10 years that none of these sorts of broadcast networks are in the news game, because it's so filled with cable and YouTube. Hall explained it did not make business sense for the networks to deal with news anymore. Their viewers are largely dying, the broadcasts are expensive, and they have to worry about FCC Chair Brendan Carr, he said."
"The larger concern is, is this news outlet truly going to be a news outlet? Or is it going to be more partisan clickbait? CBS: From Cronkite to Clickbait' is what CBS appears to be doing right now in a very partisan way, Hall said. In a way that sort of is positioning themselves as a broadcast version of Fox News, painting themselves in patriotism. He said that could be a good move from a business standpoint, but would be a bad idea from a reporting standpoint."
A prediction projects ABC, NBC, and CBS will exit the news business within the next decade due to cable and YouTube dominance, aging audiences, rising broadcast costs, and FCC regulatory risk. Tony Dokoupil became the new anchor of the Evening News and experienced a first-night blooper. Bari Weiss assumed leadership at CBS News, prompting concerns that CBS may shift toward partisan, clickbait-style coverage and patriotic branding resembling a broadcast version of Fox News. The business rationale emphasizes shrinking viewership and expense, while critics warn such repositioning could harm traditional reporting standards.
Read at www.mediaite.com
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