That’s why I dismiss predictions — fashionable, even at some of these networks — that cable news is doomed to irrelevancy. Do the math: CNN has seen recent declines but still expects to make $900 million in profit this year. Mr. Carlson’s reach made him an unelected leader of the Republican Party, someone the Republican House leader, Kevin McCarthy, had to propitiate. An entire ecosystem of far-right sites and social networks eagerly waited to promote Mr. Carlson’s episodes each night. Bush, has called Mr. Murdoch’s machine the “Fox brainwashing operation” rather than Fox News.

Source: CNN April 26, 2023 11:43 UTC