MEDIA WARS: NEWS CORP. VS. GE & THE NY TIMES
There's an interesting development in the "culture war" that's been raging in the media for the last few decades. It seems as if the liberal side is losing public support faster than ever before. The NY Times is threatening to shut down the Boston Globe, and may bite the dust itself by the end of the year. It's not surprising that they have reached out to a failing cable channeL/website, MSNBC.com, to share their content. What's happening here is that News Corp is kicking their butts, soundly. The NY Post, a lowly "tabloid" paper, is weathering the winds of cultural (and financial) change much better than the NY Times, and the Fox News channel routinely dominates in the ratings over MSNBC's "prime time" lineup. In fact, Fox's top host, Bill O'Reilly, has been directly taking on the General Electric and NBC leadership. O'Reilly's latest stunt was to send the intrepid producer Jesse Waters into a GE shareholders' meeti...