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The U.S. saw the loss of an average of two newspapers per week between late 2019 and May 2022, [1] leaving an estimated 70 million people in places that are already news deserts and areas that are in high risk of becoming so. Prior to that steep decline, newspapers' weekday circulation had fallen 7% and Sunday circulation 4% in the United ...
Academics McKay, Kathleen Hall Jamieson, and Hudson (see below) described private U.S. media outlets as profit-driven. For the private media, profits are dependent on viewing figures, regardless of whether the viewers found the programs adequate or outstanding. The strong profit-making incentive of the American media leads them to seek a ...
This list has all global annual earnings of all time, limited to earnings of more than $40 billion in "real" (i.e. CPI adjusted) value. Note that some record earning may be caused by nonrecurring revenue, like Vodafone in 2014 (disposal of its interest in Verizon Wireless) [1] or Fannie Mae in 2013 (benefit for federal income taxes).
Trump Media & Technology Group suffered a net loss of $31.6m between the organisation’s founding in February 2021 and 30 June 2023, SEC filing states Trump’s Truth Social sues 20 media outlets ...
According to the filing, Trump Media reported sales of just over $4 million as net losses reached nearly $60 million for the full year ending Dec. 31. The company warned it expects losses to ...
Trump Media and Technology Group, which operates the Truth Social platform, reported it lost $58.2 million in 2023 while generating total revenues of $4.1 million, according to the Monday filing ...
Concentration of media ownership, also known as media consolidation or media convergence, is a process wherein fewer individuals or organizations control shares of the mass media. [1] Research in the 1990s and early 2000s suggested then-increasing levels of consolidation, with many media industries already highly concentrated where a few ...
Revenues at European media giant Bertelsmann, the parent company of Fremantle, RTL Group, BMG and Penguin Random House, leapt 8.3% from €18.7 billion ($20.2 billion) in 2021 to €20.2 billion ...