A new story in Rolling Stone magazine about Fox News chairman Roger Ailes reveals that the Fox News channel earned a whopping $826 million in advertising revenue and cable fees last year.
The feature, titled "How Roger Ailes Built the Fox News Fear Factory," says Fox News income contributes more than one-fifth of parent company News Corp.'s total annual profits. Wow! No wonder Roger Ailes is given free rein to stink up the airways with his unique brand of hate and fear-mongering: Fox News is insanely profitable!
The article in Rolling Stone details how Ailes, known simply as "the Chairman," rules his domain with an iron fist and a huge ego. The article is a must-read for everyone involved in the never-ending Left vs. Right debate.
Here are some highlights:
Billionaire Rupert Murdoch, CEO of News Corp. (owner of Fox News), is afraid of Roger Ailes.
Ailes is deeply paranoid. He thinks he's been targeted by Al Queda for assassination.
Ailes has been a loyal Republican operative for the Nixon, Reagan, and both Bush administrations.
Ailes is a master propagandist and Fox News is a propaganda machine.
Fox News viewers are the least informed of all news consumers.
Reading this lengthy article may not be news to some people but maybe it will cause a few to become a tad bit more skeptical of claims that Fox News is a "fair and balanced" news provider.