Highlights:

“The fact that CNN has recently crushed Fox in the ratings seems to matter very little. Obviously, the execs over at AT&T see that as nothing more than further evidence that cable news is on it’s way out.”
"Just the mere mention of Trump in his barrage of tweets, just Trump even hinting at starting a rival network to Fox was enough to have Fox shares dropped six percent."
"The important thing to get here, like what we’re seeing with CNN and Fox, is that this media crisis emphatically did not begin with the COVID-19 pandemic. This has been an on-going trend."
"Decentralized content creators like what we have here on YouTube or on Parler or BitChute and a whole host of other platforms, which are really just beginning, we’re the future of news, we’re the future of political commentary."

Timestamps:

[02:37] Charlie Gasparino’s (Fox Business) report on how the big media is collapsing
[04:27] Jeff Bezos as the potential buyer and how CNN has been losing money
[05:32] Fox News’s plummeting ratings and shares and Trump’s tweet
[06:16] How Newsmax is surpassing Fox Business and CNBC ratings
[07:00] What is happening in the media and how the coronavirus has affected them
[08:26] When and how the crisis in the media really started
[10:17] The end of big media - the shift from mass society to the network society

Resources:

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Ep. 219 The END of BIG MEDIA as AT&T Looking to SELL CNN and Fox News Shares PLUMMET!!!