28-09-2023, 08:08 AM
(22-09-2023, 12:39 PM)JMT1985 Wrote: It seems Murdoch's company offers very low money to Talk TV compared to what GB News offers - surprising since the Murdoch company is worth a fortune, you would have thought,Of course the two things aren't always like that it's often the other way round - a company is 'worth a fortune' because they don't pay much!
The family itself is very rich and the company's owners made a lot from the sale of companies like Fox and Sky. But that doesn't mean the company is necessarily swimming in money, especially the UK bit. Newspapers are in decline, their websites are doing moderately well as are their radio stations, some better than others.
News UK isn't the massive money spinner it once was, and arguably it's influence is lessening. It has to make money and can't just go begging to the shareholders for investment