"Nobody wants to listen to left-wing radio."

[Guest Cerebus]

If you have an actual link that tells me so I would believe it, but I couldn't find one.

http://www.cjr.org/year/98/2/fox.asp

 

For Murdoch, playing the FNC chip is a huge gamble. CNN, in its eighteenth year, is a pillar on the international news scene, and a cash cow for its owner, Time Warner -- the world's biggest media conglomerate. MSNBC is the privileged offspring of behemoth parents, GE and Microsoft. Those two cable networks were duking it out vigorously for a share of the relatively small all-news audience -- with CNN comfortably the world champ -- when FNC entered the ring as a brash challenger. It's looking at losses for the two years 1997 and 1998 of $150 million, and won't be operationally solvent (say its proprietors) until sometime in 2000, with years to go beyond that before News Corp. recoups its investment.

Much obliged.