It is not a joke. It is accurate. Only thing left out is the explanation about dividing up the various demographic niches.Is this a joke?Thing is, CNN used to be actual news, had bureaus and correspondents all over the planet to get it, and was the only place to go for instant news any time. Murdoch came along and invented the format of News Theater (which draws more eyeballs via emotional hooks and as a bonus is also a lot cheaper to produce). Because all of those channels are based on profit, this of course was more "successful" (read: made more money) and CNN's support base eroded. To their discredit CNN and later MSNBC followed the Fox model down the hole, and that's why we have precious little actual news while News Theater, we have that out the yinyang.