25-03-2023, 04:59 PM
(25-03-2023, 01:17 PM)JMT1985 Wrote: It seems to me that GB News still has not learnt any lessons on money - they lost a whopping £30 million in their last financial year, but are still pumping more money into new studios and huge salaries for their presenters.
GB News seems to think it has a bottomless barrel of cash to use. They are not Rupert Murdoch, who can use his vast profits from the Faux News Channel in the US to fund his radio/tv hybrid channel Talk TV - GB News surely doesn't have the same financial backing as Murdoch has?
Sky News has never made a profit. Indeed Comcast only agreed to fund it for 10 years when it purchased Sky. Clearly there is more to running a news channel than just the profit and loss.