Forget the polls and the horserace for a second. In this election season, the big winners will be big media. As most people should know–but media don't tell you very often–much of the money that flows into and around the campaigns is used to buy advertising. Which means that television and radio stations make a lot of money during the campaign season. There are attempts to shine a light on this arrangement–such as the effort to make TV stations post advertising data online (something that–surprise, surprise!–TV stations don't care for). That's what made this exchange on public television's Nightly Business [...]
The public TV show Nightly Business Report has gone through some serious changes over the past year or so–sold by the public station that had produced it for years to a somewhat mysterious private company run by an entrepreneur whose been the subject of various controversies and lawsuits. The show's been sold once again, and the new owner of public television's premier business newscast is… an investment firm called Atalaya Capital Management. And why not, really.
Two PBS-related items of interest. -Last year when PBS announced the retirement of Bill Moyers and theinexplicable cancellation of the excellent Now program, word came that some public TV stations would be airing a program produced by(yes, this is a real thing) the George W. Bush Institute. The show, Ideas in Action, is host by James Glassman; as FAIR noted, he is a longtime fellow at the conservative American Enterprise Institute, is perhaps best known for his remarkably optimistic–and wrong–book Dow 36,000. He also regularly penned op-eds for major U.S. newspapers that pushed views and policies that would directly benefit [...]