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Showing posts with the label Television News

June 1, 1980: The Day Legitimate News Began to Disappear

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Ted Turner is a billionaire. He cares about making money; period. In the late 1970’s he had an idea. Television News had become profitable. In the 1940’s, 50’s, and 60’s, the half-hour evening news was costly for the networks. Their on-air journalists were paid about as much as a man who worked in middle management in a factory. However, in the 1970s, s news became far more interesting and advertisers began to buy space on the then one-hour nightly broadcasts. In the 21 st century, what is called “news” is the most profitable segment on television. The war in South Vietnam continued to rage, and with it social and economic changes began across America. [The 1970s witnessed significant changes in America, marked by economic shifts, social movements, and political scandals. Key changes included a shift from a manufacturing-based economy to a service-based one, the rise of feminism and gay rights movements, and a growing awareness of environmental issues. Additionally, the Watergate scan...