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Episode 80: Media Matters CEO Angelo Carusone Gives Us a Masterclass in Misinformation

What the Hack with Adam Levin

CHAPTER

Fox News Is the Most Expensive Commercial TV Station in the Country

Fox News is the only commercial TV station in the country that does not need a single commercial. They could have $0 in advertising revenue and they would still have a 90% profit market. One American News had almost 90% of their costs covered through their deal with direct TV and Verizon, which no longer exists. The way that they did it is they inoculated themselves against advertiser pressure by creating this guaranteed revenue stream.

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