Earlier this week CNN co-founder Reese Schonfeld said “seven months after Barack Obama’s victory, CNN’s ratings have gone down the drain”.
At the same time that CNN is tanking, another network has begun to dominate the news ratings: Fox. In a speech in Washington yesterday, senior journalist Charles Krauthamer talks about why Fox has displaced CNN atop the ratings:
"I said some years ago that the genius of Rupert Murdoch and Roger Ailes was to have discovered a niche market in American broadcasting -- half the American people. The reason Fox News has thrived and grown is because it offers a vibrant and honest alternative to those who could not abide yet another day of the news delivered to them beneath layer after layer of often undisguised liberalism. What Fox did is not just create a venue for alternative opinion. It created an alternate reality."