Fox is fugged -News Corp here is also, as one chief executive put it, "effectively done"

http://www.guardian.co.uk/commentisfree/2011/aug/19/news-corp-phone-hacking
<snip>
The market chatter is illustrative of how Wall St and the industry now view News Corp; as a company potentially fighting on too many fronts with an octogenarian leader and no succession plan. Interestingly, too, the legal threats that would make a difference to the company in the US – in particular any future indictments of James Murdoch which flow from police inquiries in the UK – are in many ways matched by Murdoch losing his political grip here.

Fox News is still the US's number one cable network but in July it was the only network which actually lost viewers over 2010. It's triumvirate of rightists, Bill O'Reilly, Sean Hannity and Greta Van Susteren, all saw declines and the furthest right commentator, Glenn Beck, has gone from the schedules.

This is symptomatic of another reason why Murdoch is in trouble. Fox News practically invented the Tea Party, and therefore to some extent is to blame for the political eccentricities list of GOP candidates now scrapping to take on Obama and the fracturing at the heart of the Republican party. Fox's own tone has been back-pedaling from its more extreme positions, but the CEOs and the GOP grandees who would naturally be Murdoch's constituency are no longer in thrall to his power in quite the same way.

News narratives are strange things; the expectation that News Corp will crash to the ground in the US, with the right story at the right time, is not going to be fulfilled. The multitude of pressures in the UK and growing problems unrelated to the hacking scandal in the US might well yet combine to see a much slower but nevertheless devastating effect on the heart of the empire.

And yet they have the gaul to refer to a "mainstream media." They ARE the mainstream media.

:puke:

"Mainstream" media would support mainstream values, like "no cuts to social security and medicare" and "tax the rich enough to pay the bills".

I can dream, can't I?

That would be the best news for the planet.

The entire dialogue has changed with Ailes and the ReTHUG propaganda stations.

CNN will collapse in on itself because they will no longer have any place to copy their "news" from.

:D

on the behalf of Fox News?

stories - same old sly criminal Fox.

America would be so much better of if Fox (R) got a big dose of Fair & Balanced justice.

Sign: Will Bloviate for Food.

cable news channels, like, 3 to 1. They've got a lot further to fall before you can fit them for a casket. But it is truly good news that MSNBC is gaining. I'd like to hope that more people are watching Rachel Maddow: The most intelligent 60 minutes in TV news. She reports what really matters, regardless of any other coverage. She decides what matters, not her corporate overlords.