NBC to cut $500 Million spending

Variety ^ | 10/18/2008 | Michael Schneider

[scooby321]

Zucker claims they are making money

[scooby321]

But will cut 3% anyway LOL

[Question_Assumptions]

Cutting loose MSNBC might help. At least they already bought a full season of Chuck.

[MissEdie]

Maybe after cutting this much they will make money :0).

[Old Retired Army Guy]

If not all of MSNBC, just get rid of Matthews, Olbermann and Maddow. That will save bundles.

[Arthur Wildfire! March]

Media cuts during the October of a hot presidential fight. Ha! If profits stink for them now, what will happen AFTER the race?

[sportutegrl]

I have had a sneaking suspicion for a while now that most of the biased print and network media are just hanging on to get past this election and win it for 0bama. I feel that after November, we will see a major bloodletting in the traditional old media unlike anything ever seen before.

[Old Retired Army Guy]

I think you’re right. The only thing keeping a lot of the old media afloat right now is the election. Some of them have got to be saying, “what do we do after this is over if our side wins”. Now, if there side loses, they can get a a little ink with the racism in America issue.

[Arthur Wildfire! March]

Been a lot of cuts this year. The old media is losing its cash muscle. Notice that the New York Times had to make cuts when Obama needed its help the most.

[Arthur Wildfire! March]

No matter how the election turns out — they’ll be hurting. At the same time, conservative news will keep getting stronger.

[Arthur Wildfire! March]

That’s why the left knows it must win this year. It’s been losing with free speech. It’s do-or-die for the left this year.

[TommyDale]

They are selling off Chris Matthews’ leg tingler vibrator?

[OpusatFR]

Haven’t watch NBC in years. The last thing I think I watched was Taxi. Or maybe that was CBS or ABC.

In any event, I haven’t watched tv in years other than a few cable shows.

Borrrrrrinnnnngggggg.......

[randita]

I’m convinced that if masochistic conservatives stopped watching MSNBC, they wouldn’t have an audience at all.

[uncbob]

I feel that after November, we will see a major bloodletting in the traditional old media unlike anything ever seen before.

Lot of lefty journalists etc going to be looking for real work

[uncbob]

Exactly

[brewcrew]

I guess they won’t be the ones buying the supposed Michelle Obama tapes.

[dilvish]

Actually they’ll probably go up. Presidential fights aren’t actually terribly profitable for the networks. You’ve got debates that pre-empt their shows and don’t generate much if any money, they generally give the campaigns cut rates on ads, there’s a bunch of news division people that only work once every four years costing more. Campaigns are pricey for the networks.

[Dr. Scarpetta]

Cutting loose MSNBC might help.

....and getting rid of the lunatic Olberman

[Arthur Wildfire! March]

“Campaigns are pricey for the networks.”

Unregistered campaign donations.

[dilvish]

I’m just talking the above board stuff. TV networks lose lots of money on the legitimate coverage campaigns. Illegitimate stuff doesn’t make the picture any prettier.