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It wasn’t that long ago that we got a splashy celebration of the legacy of former CBS News anchor Dan Rather and his time traveling typewriter. The funny thing that no one is talking about is the fate of CBS News.
Once the gold standard, the home of such great talking head paragons of journalism as Cronkite, Rather and Chung is likely to be collateral damage in the collapse of Paramount.
After spending an untold fortune launching its own streaming service (Paramount+ or something?) stocked with fifty thousand woke spinoffs of Star Trek, one woke Halo series and not a whole lot else to pump up its stock, the company has fired its CEO and is in the middle of a pitched battle over who to sell the company to.
Whether it’s taken by Ellison or Sony, the odds are that CBS will go. And CBS News is by far the most useless and least profitable part of CBS which means that it will go first. Who wants a very expensive news service? Not a whole lot of companies. NBC News at least has the Comcast umbrella and cable providers have some use for news. Sony won’t have any use for CBS News.
Ironically, Dan Rather may outlive CBS News.
RAM says
Sell CBS to Trump
Greg says
In “Postjournalism” (2020), media studies guru Andrey Mir predicted that due to the advent of digital social media “the press industry will collapse sometime between now and the mid-2030s.” The demise of CBS news is more proof that for the entirety of old journalism– NY Times, Washington Post, Wall Street Journal– the handwriting is on the wall.
Cat says
We won’t last until mid 2030’s.
Martina Vaslovik says
May the Marxists long march through our institutions march right off a cliff.
Chuck Jose says
Fake news is not profitable period. Shut it all Down.
Kevin Nienhuis says
I’ve always spelled cBS news with a lower case ‘c’ and capitalized the other two letters … it makes their mission statement a lot clearer that that way …