"Small Gains for Big Media Stocks!" How can this be?

[KoKo]

TWX, VIA-B, DIS, DIS, GE
The above are symbols of our "MSM Whores." The folks who 24/7 pump Bush and who trashed Bill Clinton, Al Gore and John Kerry..

None of them are doing well...just check out CNN's (Time-Warner) chart for the last five years... And, if GE is a War Profiteer you wouldn't know it considering how their stock has languished since Bush became the Emperor.

How can this be explained? Why are they "whoring for Bush" yet their own companies are not doing well under his regime? All the Deregulation doesn't appear to be helping them, either.

GE Chart for Five Years:






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Small gains for big media stocks
By William Spain, CBS.MarketWatch.com
Last Update: 4:40 PM ET Dec. 31, 2004


CHICAGO (CBS.MW) -- Most shares of major media companies trended flat Friday in one of the slowest trading sessions of the year.

Walt Disney Co. (DIS: news, chart, profile) was down 8 cents to $27.80 as the broadcast and entertainment giant gets ready to kick off 2005 with a new ad campaign to celebrate the 50th anniversary of its Disneyland theme park in Southern California.

Meanwhile, Time Warner (TWX: news, chart, profile) added 4 cents to $19.45 and News Corp. (NWS.A: news, chart, profile) (NWS: news, chart, profile) picked up 6 cents at $19.20. Viacom (VIA.B: news, chart, profile) (VIA: news, chart, profile), a significant shareholder in the publisher of this report, gave up 15 cents to $37.08.

Publishers fared less well, with shares mainly edging into the red. Dow Jones (DJ: news, chart, profile) lost 21 cents to $43.06, while Knight-Ridder (KRI: news, chart, profile) dropped 15 cents to $66.94 and Tribune Co. (TRB: news, chart, profile) slipped 4 cents to $42.14.
http://www.marketwatch.com/news/yhoo/story.asp?source=b ...

[cally]

1. I've been wondering about this for some time

Why would MSNBC cancel Donahue? Why would CNN adopt a news orientation that loses audience? Probably, it increases advertisers and rates. I wouldn't dismiss that they are just underestimating the economic power of anyone else but the corporate elite. I do believe they are that elitist.

[Lorien]

2. Well, in GE's case

ANY gains probably came from their defense ventures. The Iraq invasion was a big boon to their stockholders. :grr: