Apparently, I am the only one not watching more cable news programming these days. Ratings growth in the first three quarters of this year across the three 24-hour news nets has been nothing short of extraordinary. In an era of hyper audience fragmentation and declining ratings, the news nets audience growth story is even more incredible. While admittedly I have no insight into the financials of these operations, ratings growth almost always yields revenue growth. Good news (so to speak) for everyone in the news ecosystem … or maybe not.
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