Friday, May 19, 2006
CNN Worldwide Brings in More Money Than FNC
There's a Q and A in today's USA Today with CNN President Jim Walton. Walton speaks about the profitability of ALL the CNN Network Channels and platforms. Here's Walton's response to the question:
"CNN Worldwide brings in more than twice as much revenue as Fox News — I'm just going to say the "F" word. Our goal is to deliver more news to more people in more places across more platforms than any other news organization in the world. We're able to deliver the shareholder value. "
Walton also addresses the recent changes to Headline News, the FNC Business Channel and the possible merger with a network news operation. Read the Q and A HERE.
"CNN Worldwide brings in more than twice as much revenue as Fox News — I'm just going to say the "F" word. Our goal is to deliver more news to more people in more places across more platforms than any other news organization in the world. We're able to deliver the shareholder value. "
Walton also addresses the recent changes to Headline News, the FNC Business Channel and the possible merger with a network news operation. Read the Q and A HERE.

