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Be prepared for the next great transfer of wealth. Buy physical silver and storable food.
from The Daily Bell
U.S. broadcast TV ratings slide pressures ad rates at ‘upfronts’ … The increased competition will force ABC, CBS, Fox and NBC to settle for their lowest average rate hikes in three years during the “upfront” selling season, Wall Street analysts say. During the upfronts, networks preview shows for their fall schedules, trying to persuade advertisers to buy billions of dollars worth of commercial time in advance. The broadcasters still command premium ad prices because they reach an audience that is far bigger than the viewership of any single cable channel. Upfront rates likely will rise by 6 percent on average, as the broadcasters. – Reuters
Dominant Social Theme: Everything is OK and the networks are making a lot of money.
Free-Market Analysis: We continue to chart the downturn of the mainstream news media. In this case, it is the upfront ad fees that are slumping for television companies. But in the past, we have seen along with everyone else on the Internet that mainstream media of all kinds is slumping.
Continue Reading at TheDailyBell.com…