i suppose CNN is failing too? how'z about bezo's baby?
I never know what goes on in a diseased mind like yours. I can only try for the benefit of the healthy minds exposed to your nonsense.
So..to recap...Some liberal here bragged that the New York Times is a healthy business and pointed to a minute part of the equity as evidence.
In response I posted the P/E ratio...an incredible bad 849. Atrocious. Enron's couldnt have been much worse. And an EPS of .02. I pointed out the hundreds of layoffs. And the emergency cash infusions by the Democrats favorite foreign billionaire Carlos Slim (well ok Soros runs in there somewhere).
And your reply was..."oh I suppose CNN is failing?"
?????
Cnn is owned by a profitable corporation known as Time/Warner. Their P/E is less than 15 and EPS of over 6.00. CNN itself may or may not be a money losing division (they have laid off 50 this year already) but even if they are they are propped up by the rest of the vast conglomerate that owns them.
Does that answer your question or confuse you even more?
As far as Bezos goes his Washington Post is in about the same condition as the New York Times. They not only share an elitist hatred for the American people and our President but they share overbearing ownership sacrificing their integrity and finance to take down an elected president..
Since Bezos bougfht them, in order to keep running at the starvation wages he pays them, they have sold,
El Tiempo Latino, the
Fairfax Times, The Gazette, Southern Maryland Newspapers, and several newspapers covering and U.S. armed forces. They have had to sell, to stay afloat, ten guidebooks they published, 5 web domains. The have shed two office buildings, 23 acres of land and two warehouses. They have cut pensions, cut wages by 40% or so and had at least three waves of layoffs and are trying to break their unions. All of their unions are picketing them at this moment.
Bezos keeps a drip feed just enough to keep another elitist mouthpiece against Trump going.
Man it must be great to work for billionaire Hillary supporters who care for the working man,
Washington Post – Washington-Baltimore News Guild