Rupert Murdoch reports that Fox News doubled its operating income since last year.
Rupert Murdoch reports that Fox News doubled its operating income since last year.
Yesterday, Rupert Murdoch’s News Corporation – the parent company of Fox News – reported a 70% drop in net income to $300 million and a 16% drop in revenue to $7.37 billion for the quarter that ended March 31. In the midst of the bad earnings report, “cable television was the conglomerate’s one bright spot.” Murdoch said, “Our Cable Network Programming segment showed remarkable growth, led by the Fox News Channel which nearly doubled its operating income over the year ago quarter.” According to Murdoch’s release, Fox News’ primetime ratings are up significantly over the same period last year:
The FOX News Channel (FNC) almost doubled its operating income versus the third quarter a year ago, primarily from increased affiliate revenues on higher rates. In the quarter ended March 31, 2009, FNC primetime ratings were up 23% compared with the same period a year ago.
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This confirms it, folks…lying can generate good profits.
May 7th, 2009 at 9:50 ami don’t believe it.
May 7th, 2009 at 9:50 amWhoodathunk Depends commercials were soooo lucrative!!
May 7th, 2009 at 9:52 amThe FOX News Channel (FNC) almost doubled its operating income versus the third quarter a year ago, primarily from increased affiliate revenues on higher rates.
That’s to be expected on a “news” channel for a presidential election year. The massive spending on national advertising drives up rates, and thus, income. I’d be very surprised if CNN and MSNBC didn’t report similar operating revenue growth.
May 7th, 2009 at 9:54 amRUCeriousMaggoti, don’t forget Ensight. That’s what gets Hannity and Beck up at night.
I just know that we’re not going to hear the end of this from O’Reilly. He’ll be bragging that HE was the only reason Murdoch made any money this quarter, and the wingnuts will be slobbering all over the place about it. Watch for Daryll, Proud and the rest of the cretins to come marching out with their FoxSpews banners held high.
May 7th, 2009 at 9:58 amThis has no bearing on the news, but man is Murdoch scary looking.
May 7th, 2009 at 10:00 amYEAH!!!!!!!THET PROVE WHO BILLO IS RIHGT AND KIETH OLBERBOY IS WRONG!!!!!!!!!!IN YOU’RE FECES LIBTARDOFACISTOCRATS!!!!!!!!
May 7th, 2009 at 10:00 amsorry folks, I forgot teh bold
May 7th, 2009 at 10:01 amZimzone Says:
This confirms it, folks…lying can generate good profits.
Like Ralph had alluded, the operating income reports for MSNBC and CNN will confirm or deny this.
I’ll be willing to give Fox its props for its earnings, but that still doesn’t mean their coverage is accurate. Even snake-oil salesmen report profits time to time when they find the right audience.
May 7th, 2009 at 10:03 amKeep in mind folks, in those end of year “best of” editions for most big cities, Dominoes usually wins best pizza. Not because it’s good, but because it’s easy to order. This is the same thing…
May 7th, 2009 at 10:04 amAll this means is that educated people use the internets, and uneducated boobs still watch the TV…
just saying….
May 7th, 2009 at 10:05 amIn the quarter ended March 31, 2009, FNC primetime ratings were up 23% compared with the same period a year ago.
Also to be expected in the wake of sweeping Democratic victories at the national level. Nothing drives a movement like opposition, and Faux News is certainly a piece of the conservative movement.
May 7th, 2009 at 10:05 amBobwurst, even without the BOLD, that was still pretty on-target.
May 7th, 2009 at 10:06 amExactly.
May 7th, 2009 at 10:06 amSince all these years of Fox News seem to have resulted in more Democrats than ever, I’m celebrating too.
Keep it up, Rupert. Sorry about that 70% drop in net income.
May 7th, 2009 at 10:09 amAll these guys are starting to look alike, is this a picture of the topic or is it lieberman or the new and improved pretend dem specter.? It’s getting so hard to keep up, need to get new glasses….Blessings
May 7th, 2009 at 10:10 amI wonder if Fixed Noise pays cable providers to carry them.
You know, like Lush Rimbowl’s show pays stations to air him.
May 7th, 2009 at 10:10 amI don’t get how they can be so popular. I travel weekly and they are always on in the morning in the hotel lobby. I usually leave after five minutes because I can barely stomach it.
pearl jewelry
May 7th, 2009 at 10:11 amraynman Says:
All this means is that educated people use the internets, and uneducated boobs still watch the TV…
just saying….
I always wondered about that. FNC’s ratings all come from television use, but are there any resources out there that report the hits for internet feed? For example, how many out there use the Internet to watch clips provided by MSNBC, CNN, and FNC from their websites?
May 7th, 2009 at 10:11 amThis only proves that the cancervatives are sitting on their butts watching teebee while the rest of us are working two or three jobs trying to make ends meet and to bail this country out of the mess that the FauxSnooze crowd created…
May 7th, 2009 at 10:14 amForgive the obvious response:
“No one ever went broke underestimating the taste of the American public.” (Henry Louis Mencken)
May 7th, 2009 at 10:24 amWell, I guess they finally got all of the trailer parks wired for cable.
May 7th, 2009 at 10:24 amI suspect one of the main reasons for the Fox News increase is that conservatives aren’t running the government anymore, and Fox News is one of the few places left they can go for solace.
And the fact that Fox News is up while Murdoch’s print media are down? Apparently, Fox News is getting the illiterates.
May 7th, 2009 at 10:26 amNet income is down, but operating income is up?
May 7th, 2009 at 10:26 amExcuse my ignorance, but will someone provide a basic accounting explanation?
They made a huge donation to George W. Bush’s library.
May 7th, 2009 at 10:30 amNot surprising, as it’s the only channel the right wing radicals watch – they have no other choice, as Fox is the only one they agree with. The rest of us have several stations to choose from– none perfect, but also not radical, not dishonest, & not full of screaming pundits that talk over their guests’ comments and cut their mikes off, like Fox.
May 7th, 2009 at 10:40 am….
murdoch will not let go of his vanity project,
the ny post. ultimately it will drag him down.
:)
May 7th, 2009 at 10:43 amHow did Rupert’s other vanity project, the Wall St. Urinal, do?
May 7th, 2009 at 10:45 amralph the wonder locust Says:
Also to be expected in the wake of sweeping Democratic victories at the national level. Nothing drives a movement like opposition, and Faux News is certainly a piece of the conservative movement.
___________
Yer about 2/3rd right here ralphie… Faux is a piece alrighty… and DEFINITIVELY an integral part of a movement…
May 7th, 2009 at 10:45 amWhat a perfectly shitty comment.
Well done!
May 7th, 2009 at 10:50 amjoe cantwell Says:
ultimately it (the ny post) will drag him down.
_____________
I wouldn’t be surprised if Rupert is shedding some pretty big tears in private these days. He seemed to grow his media empire pretty quickly there, which would indicate he was borrowing money to do it, and mebbe using News Corp stock as collateral. Works fine when the assets you buy generate positive cash flow and continue to appreciate. Whilst Faux News might be doing okay…
… Rupert’s newspapers? Not… so… good.
As the article points out, a 70% drop in income? Ouchie ouch ouch… so… lemme see… the newspapers are dying… he can’t sell them off, most likely, for what he paid for them. They’re almost all losing money. And News Corp stock is DOWN. And Rupert’s prolly got some pretty hefty payments to make on the loans he took out to buy all those papers in the first place. Just a hunch…
Rupert’s likely got his “manhood” caught in a vise of his own making here…
Two words… “Tee” & “hee”
But then, Rupert’s ALLUS got his porno income… whaaat??? You DIDN’T know… that News Corp, along w/ Comcast, is one of the biggest producers of porn in the country?
Heh… well… now you do!!!
May 7th, 2009 at 10:56 amPachydiplax de St. Augustine Says:
What a perfectly shitty comment.
Well done!
________________
Would it be fair to say in the moment that Faux is flush w/ success?
May 7th, 2009 at 10:58 amAs several others have commented, none of this should be a surprise. After November, the far right went batsh!t, and FoxNews is the only consistent source on television of the far right propaganda they need for affirmation. Where else can they get their daily infusion of “Obama is a socialist nazi fascist muslim!!!”?
With a monopoly on the crazy, it’s no surprise FNC is pulling down big numbers — at least for the time being.
May 7th, 2009 at 11:16 am…
still can’t find any work, eh trace?
**
remember,
when you steal from others
you’re only stealing from yourself.
::
good luck.
‘\
May 7th, 2009 at 11:18 amI think it’s sad that the fox news channel with all their false propaganda is doing that well.
What does this say about our country????
May 7th, 2009 at 11:22 amThe “operating” qualifier piques my attention.
They don’t say “revenue” doubled, or “income” doubled, just that “twice as much money is now being pumped into Fox News.”
If I were TP, I’d investigate if Murdoch has started pumping more cash into Fox recently to bolster declining revenues in this recession… making it sound like they are doing better than they are.
May 7th, 2009 at 11:24 amIPV4 Says:
I think it’s sad that the fox news channel with all their false propaganda is doing that well.
What does this say about our country????
***
our country elected obama president.
…
a small demographic of the very old
watch fox.
…
i’m down with that.
:)
May 7th, 2009 at 11:25 amIt says we have the corner on dumbass right-wing Republicans.
May 7th, 2009 at 11:26 amA fool and his money are easily parted…
… times 20 million.
May 7th, 2009 at 11:26 amSO WHAT? Operating Income???
Why would he highlight operating income instead of revenue or margin?
That’s because when you take out expenses, interest, tax and bottom-line costs, they had good quarters.
When you add in debt, expenses, etc. thing’s ain’t so good at News Corp.
That quote about operating income should be seen as a RED FLAG.
May 7th, 2009 at 11:36 amTracy__5 Says:
#36
“still can’t find any work, eh trace?”
Doing lots of architectural work. It’s called multi-tasking. You should try it…but don’t hurt yourself.
Going to make that call?
***
so you steal from more than
one person at time, eh?
that’s multi-tasking.
:)
:)
May 7th, 2009 at 11:39 amTimes are tough. No one is going to hire an architect who designs leaky buildings in this economy.
May 7th, 2009 at 11:45 amIt’s called multi-tasking. You should try it
May 7th, 2009 at 11:51 am—
No wonder the buildings leak. Multitasking is a bad idea. All brain research shows that the mind is less capable when focused on more than one task at a time…
Tracy__5, I hardly think General Electric is counting on MSNBC to keep them afloat. If they are they’ll probably replace “Morning Joe”.
May 7th, 2009 at 11:53 am…
trace,
fox news viewer;
median age: 65.
sorry.
***
how’s that metumusal,
finally getting a movement?
***
May 7th, 2009 at 11:54 amTracy__5 Says:
“No one is going to hire an architect who designs leaky buildings in this economy.”
The designs themselves are sound. It’s the crap craftmanship and lazy installers that cause them to leak.
***
stealing from others,
blaming others.
***
a little cheese with
than whine, trace?
:)
May 7th, 2009 at 11:55 amOperating income would include licensing from local news programs and fees from the cable companies as opposed to advertising revenue wouldn’t it? Which means Rupert likely is adding apples and oranges.
May 7th, 2009 at 11:58 amWell if Wizbang and TV Newser say so it must be true, T5. Ever heard of of Adweek?
May 7th, 2009 at 12:01 pmThe 25 to 40 bracket is just passing time waiting for the Simpsons…
May 7th, 2009 at 12:03 pmIt’s all smoke and mirrors.
May 7th, 2009 at 12:10 pmI don’t think the Republican brain can get LESS CAPABLE.
May 7th, 2009 at 12:11 pm…
facts are facts trace.
the elderly watch fox news.
the republican party is shrinking.
you need young people, trace!
***
try not to steal
from anyone today.
:)
May 7th, 2009 at 12:13 pmTracy__5 Says:
“It’s all smoke and mirrors.”
Sure…yeah, in fantasy land.
***
don’t look now trace but there are
kids standing on your front lawn!
***
May 7th, 2009 at 12:13 pmI guess if somebody was going to hire capable craftsmen they’d higher a better architect as well. You get what you pay for.
May 7th, 2009 at 12:13 pm“Pandering Pays”
Now there’s something to be proud of, I guess.
May 7th, 2009 at 12:14 pmAnd Fox reported recently that their advertising revenues were way down.
This whole meme about how popular Fixed News is really gets to me. There are several reasons why Fixed has higher viewership than the other stations. They are as follows:
1) CNN and MSNBC split the rest of cable news audiences
2) Fixed is available to many more Americans than CNN or MSNBC are. All Cable stations (Direct TV, Dish, Comcast, et al) have Fixed in their basic lineup and CNN and MSNBC in their premium lineups. That means that you have to pay extra to have access to CNN or MSNBC.
The day it is a level playing field and Fixed is still the most watched station, then and only then will they have crowing rights.
May 7th, 2009 at 12:18 pm“Cable network results again were stong, driven by affiliate fee increases at Fox News Channel.”
This is NOT advertising dollars which this is FEES
May 7th, 2009 at 12:18 pm“Multitasking is a bad idea. All brain research shows that the mind is less capable when focused on more than one task at a time…”
For factory workers, bean counters, ect…
—-
May 7th, 2009 at 12:20 pmFor all people. It is a function of neural realities. Am I to believe you are somehow unique in some way?
Yesterday, Rupert Murdoch’s News Corporation – the parent company of Fox News – reported a 70% drop in net income to $300 million and a 16% drop in revenue to $7.37 billion for the quarter that ended March 31.
Wow, and News Corp lost 6.4 billion in the preceding quarter. At this rate they will be out of business by the end of the year.
http://www.infosat.de/Meldungen/?msgID=51591
May 7th, 2009 at 12:21 pmDoodlebug Shayne Says:
Tracy__5 Says:
“No one is going to hire an architect who designs leaky buildings in this economy.”
The designs themselves are sound. It’s the crap craftmanship and lazy installers that cause them to leak.
I guess if somebody was going to hire capable craftsmen they’d higher a better architect as well. You get what you pay for.
***
doodle,
word to the wise,
don’t let trace near you
or your property.
:\
May 7th, 2009 at 12:21 pmTracy__5 Says:
“I guess if somebody was going to hire capable craftsmen they’d higher a better architect as well.”
Again the design was sound, but the installation was crap hence the subcontractor being fired and not the GC or the architect.
Having been involved in several high dollar building contracts, it is practically impossible to fire an architect once building has begun. If you fire your architect you pretty much have to stop construction and go back and start over. Most companies aren’t willing to do that so they continue to try to work with the architect to fix the things they screwed up in the first place.
May 7th, 2009 at 12:22 pmSigh … you missed the point. Developers are not going to hire prestigious architects and then hire slackers to execute the work are they?
May 7th, 2009 at 12:26 pmNo, it’s because Fox is giving away what CNN and MSNBC are selling.
May 7th, 2009 at 12:28 pmDoodlebug Shayne Says:
“Cable network results again were stong, driven by affiliate fee increases at Fox News Channel.”
This is NOT advertising dollars which this is FEES
That’s what Republicans do. They lie through spin. So, they increase their fees to their affiliates and increase their profit from them. Fixed News popularity is all smoke and mirrors.
May 7th, 2009 at 12:32 pmTracy__5 Says:
“All Cable stations (Direct TV, Dish, Comcast, et al) have Fixed in their basic lineup and CNN and MSNBC in their premium lineups. That means that you have to pay extra to have access to CNN or MSNBC.”
Sound like a lack of demand for CNN or MSNBC.
Actually, your comment makes no sense. If there was a lack of demand for CNN or MSNBC, the cable stations would not charge for the ability to view them, they would give it away. They charge for things they think are “premium”.
Besides, the reason why Fox is in their basic lineup is because Fox pays them for that. Just like they pay hotels and bars to only show Fox on their in-house TV’s.
May 7th, 2009 at 12:35 pmDoes it happen when they hire those rural rubes?
May 7th, 2009 at 12:39 pmTracy__5 Says:
“..don’t let trace near you
or your property.”
Actually I could improve the dump including yours.
***
getting old has made you grumpy,
hasn’t it?
***
darn those young folk!
(calm down, give your heart a break.)
:)
May 7th, 2009 at 12:40 pmTracy__5 Says:
#76
“Developers are not going to hire prestigious architects and then hire slackers to execute the work are they?”
Sigh … you missed the point considering you don’t know very much about construction industry. Developers usually hire a general contractor for the project along with the designer, i.e. the architect. The GC then puts the multitude of tasks, i.e. specific trades, out for bid to dozens if not hundreds of subcontractors. To onus of an inferior installation rests with the subcontractor and their labor and ultimately with the GC considering he is the one who pays the subs. Sometimes you do get bad craftmanship from a subcontractor. It happens. Does it happen more with unionized labor vs. non-unionized labor? It happens but not more frequently and in fact the quality is usually better, but the owner must choose to pay a premium for the increased cost.
***
tracy double talk
for padding his bill.
**
take your business to ian.
he’s honest.
:)
May 7th, 2009 at 12:42 pmYou missed my point AGAIN. Perhaps you don’t get the kind of jobs where the developer would happily pay for union workers to make sure the job was done correctly.
May 7th, 2009 at 12:45 pmGot a link? And I don’t mean some blogger said so or Fox News bragging. Some charts like from Adweek or Mediaweek? Variety or TheHollywoodReporter? Actual charts.
May 7th, 2009 at 12:45 pm>Now, as the Nielsen ratings show, Fox is widening its lead. Among viewers ages 25 to 54, Fox averaged 328,000 viewers at any given time in February, up 24 percent from the same month in 2008. CNN averaged 225,000 viewers in that demographic, down 14 percent. MSNBC averaged 177,000 viewers, up 7 percent.”
tracy, what you don’t seem to get that these numbers are tiny and represent absolutely nothing.
This is less than one tenth of one perscent of the American Public.
May 7th, 2009 at 12:50 pmTracy still lives in the “center-right” America, along with the other 20% of Americans who still think that exists.
Very little appreciation of what “democracy” means in that neighborhood.
Probably never will be, either.
May 7th, 2009 at 12:54 pm….
i think we can all understand the reason
behind trace’s hurt, anger and frustration.
shrinking, shrinking, shrinking.
:|
May 7th, 2009 at 12:56 pmWouldn’t know, but considering you claim to live in rural America it’s probably one of the those architects you claim to know out there in the sticks.
—–
May 7th, 2009 at 1:24 pmWhen did I suggest that the architects I know live where I do? You make mistakes when you make assumptions….
They do hire union workers. But Tracy blames them for his mistakes, claims union workers can’t do the job, so they fire the union workers and hire unskilled labor recommended by Tracy. So, the buildings are leaky and unsafe, but Tracy walks away with the money and no blame for the shoddy construction. Then he takes credit for the work of his brilliant co-worker, Ian Sinnett.
It’s quite a scam he’s got going.
May 7th, 2009 at 1:41 pmDid you all know that Tracy works in Dallas, but lives in rural Pennsylvania? He is an amazing fellow.
May 7th, 2009 at 1:42 pmlived Tracy_5, lived…
Try to read for comprehension and then try to retain what you read…
May 7th, 2009 at 2:05 pmTracy, why is it that everyone has the same memories of what you said, yet we are all mistaken?
I told you to cut back on the lies. There are so many you can’t keep track of them all.
May 7th, 2009 at 2:14 pmNo it was you that claimed to understand and speak for the rural residentas of PA and that others didn’t understand rural PA. I had to simply point out that in fact I did have actual first person knowledge of the subject. Apparantly you just claimed to have some clairevvogent knowledge it now seems. Either way, you don’t come up looking like a real reputable source…
May 7th, 2009 at 2:20 pmWho are we going to believe, Tracy or our lying eyes?
May 7th, 2009 at 2:20 pm…
an hour later and trace is still here….
poor guy.
let’s find him something useful to do.
*
(if we can get him bonded)
:)
May 7th, 2009 at 2:38 pmI’m beginning to detect a pattern here.
When Tacy’s buildings leak, it’s the union worker’s fault. His design is flawless.
When Tracy’s Republican Party destroys our economy and makes us pariahs in the eyes of the entire world through thei iron-fisted rule, it’s half the Democrats fault.
When Tracy’s claims are inconsistant (to say the least), it’s everyone else remembering things incorrectly.
May 7th, 2009 at 2:38 pmshoeless Says:
I’m beginning to detect a pattern here.
When Tacy’s buildings leak, it’s the union worker’s fault. His design is flawless.
When Tracy’s Republican Party destroys our economy and makes us pariahs in the eyes of the entire world through thei iron-fisted rule, it’s half the Democrats fault.
When Tracy’s claims are inconsistant (to say the least), it’s everyone else remembering things incorrectly.
***
check with ian.
trace’s reputation in the industry
is shot. that’s why he hangs around
here all day instead of doing any real work.
;|
May 7th, 2009 at 2:45 pmYou seem to be a transient based on he fact the you claim to have lived in so many states.
May 7th, 2009 at 2:52 pm–
Transient carries a negative tone. I am more of an opportunity and adventure seeker. Not the kind that wants any moss growing…
I think we already established that the mind works best when focused on one task at a time.
May 7th, 2009 at 2:54 pmTracy__5 Says:
#117
“…here all day instead of doing any real work.”
Why is it that you are the only one that can’t concentrate on more than one thing at a time?
***
don’t worry trace.
some day your phone will ring.
***
and it might even
be a paying job for you.
**
in the mean time you can stay right here
and pretend to be a really important person.
:)
;0
May 7th, 2009 at 2:59 pmTracy__5 Says:
#124
“some day your phone will ring.”
I has been.
**
don’t knock yourself down.
you are not a “has been”.
stay in the fight. keep punching.
some day you might win.
:\
May 7th, 2009 at 3:22 pmAs long as this Neanderthal hack continues to make money he will continue to defy decency. He will continue to have as his spokespeople, the full lineup at Fix. Money is the bottom line. And truth does not enter into the picture for Murdoch. And when this old goat shuffles off, to whatever part of the inferno that will take him, his son will take over. And I will bet anything he is daddy’s clone.
Perhaps his son will not breed and the sickness will die out with him. No such luck.
May 7th, 2009 at 3:22 pmTurn Murdoch OFF!
May 7th, 2009 at 3:27 pmYes Tracy, you are important. You are the poster boy for lying Republicans, who avoid responsibility for their own actions. You are a case study in the warped psyche of right-wing Republicans.
May 7th, 2009 at 4:00 pmRupert Murdoch has been identified as the most dangerous traitor in America. Pass the word.
May 7th, 2009 at 4:17 pmI completely understand why they are so popular. Bottom line: they are propaganda for the very wealthy. There is ALOT of money in that right-wing machine and propaganda everywhere. They play to people’s prejudices and fears. They incessantly present misleading negative interpretations of those they consider “the enemy”. They use well-funded think-tanks and the media to re-write history (e.g. Reagonomics helped working Americans). We must keep pushing always and never allow the internet to become compromised like nearly all mainstream media has. Peace.
May 7th, 2009 at 4:19 pmWhen my children were very young, they would continue to lie, even after being caught. I taught them not to do that, and like most children, they grew out of that phase.
May 7th, 2009 at 4:52 pmTracy__5 Says:
“…some day you might win.”
I already have.
***
that’s the spirit.
but don’t forget the hard work
and don’t steal.
:)
May 7th, 2009 at 4:56 pmTracy__5 Says:
“but don’t forget the hard work
and don’t steal. ”
Don’t worry the hard work for me is and always has been there and the stealing part is and always has been non-existant.
***
sure.
..
May 7th, 2009 at 6:08 pmlink
May 7th, 2009 at 6:31 pmSpongeBobSquarePants has higher ratings than any of them.
May 7th, 2009 at 6:32 pmAnd he’s gay.
May 7th, 2009 at 6:32 pm…
trace?
trace…?
:(
May 7th, 2009 at 9:18 pmWith “news” stations like the repulsive MSNBC, NBC & others, thank God for Fox so we can find out the truth about this Obami regime and what they are trying to get away with.
May 8th, 2009 at 1:18 pmseslichat
May 11th, 2009 at 12:03 amsesli chat
sesli sohbet
seslisohbet
tiffany rings?
May 11th, 2009 at 4:56 amtiffany rings?
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