Why Billionaires Keep Buying Dying Linear Media

  • Billionaires are still anxious to get into the linear media businesses like cable, broadcast TV and radio and it’s not digital that attracts them.
  • People like The Ellison’s who agreed to buy Warner Discovery and Comcast and Netflix who tried and let’s not forget George Soros who likely would love to own more “dying” linear media if they could get it past Trump.
  • There is a metric to tell which radio group will go into bankruptcy, so why do investors keep buying their stock?

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