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Article in NYT about Sinclair - boycott working on some advertisers!

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Minimus Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-18-04 06:51 AM
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Article in NYT about Sinclair - boycott working on some advertisers!
Check out the picture of David Smith. :puke:

Risks Seen for TV Chain Showing Film About Kerry


snip

Sinclair - the nation's largest owner of television stations, many of them in electoral swing states - is itself running a significant financial and political risk by telling its stations to pre-empt regular programming and carry the film. Already, Sinclair's decision has alienated some advertisers; enraged consumer and media watchdog groups, who are vowing to challenge its station licenses when they come up for renewal; and given pause to some analysts and investors considering the company's financial outlook.

Ultimately, however, most investors care little about the politics of a company, except when it interferes with making money. Barry Lucas, senior vice president for research at Gabelli & Company, a major Sinclair shareholder, summarized his philosophy as: "Make money, not news."

"You are dealing in a business that people in public office have some influence over,'' he added. "In this case, we are talking about a regulated business by parties in Washington, and in my estimation it does not make a lot of sense to take a sharp stick and punch it in the eye of potential regulators. Those guys at Sinclair better watch out if Kerry is elected."

http://www.nytimes.com/2004/10/18/business/media/18sinclair.html?pagewanted=1&th&oref=login
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npincus Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-18-04 07:23 AM
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1. Not following baseball but...
is there any chance, if this THING does air, that it will be competing for an audience at the same time with a major league play-off game? Anybody know about that stuff?
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Minimus Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-18-04 08:24 AM
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2. don't know, but I will check into.
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