It is no wonder the Left Media sounds so bitter, New York Times and NBC follow in Air America's footsteps. This is what happens when journalists stop reporting the news and try their hand in the political arena, distorting the news, reporting outright lies for one purpose, to influence upcoming elections.... they loose their base, all except the radical portion of it. That part of their base doesn't seem to be enough to keep them afloat.
NBC must cut 700 Jobs:
NBC Universal plans to cut US$750 million in operating expenses by the end of 2007 by eliminating employees, cutting back on scripted shows, and slashing its news budget, according to a report Thursday in the Wall Street Journal.
Then New York Times:
The New York Times Co. reported Thursday that its third-quarter 2006 profit from continuing operations plunged 39.2% on costs related to its job cuts and a loss on its sale of its 50% stake in the Discovery Times Channel.
Air America files for Bankruptcy.
Good riddance to bad rubbish all around.
In the meantime, Fox news is doing better than ever... Cheers everyone.
Others posting: Ed Driscoll, Something...and Half of Something, Atlas Shrugged, The Bullwinkle Blog.
Related Post: Media helps al-Qaeda.