Half-Way Strategies That Appeal To No One

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Beck is a hysteric, but he’s getting huge ratings. He’s actually beating every other cable news show except the long-established Sean Hannity and Bill O’Reilly. This after only a few months on the air: #

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  1. Somewhat ironically, the case can be made that News Corp, Fox’s parent, is replaying CNN’s error with the Wall Street Journal. Murdoch’s misguided attempt to turn WSJ into a general interest publication that competes with the NY Times (WSJ Sports??) is a really dubious strategy. WSJ has historically enjoyed an extremely entrenched spot in a very valuable niche. If I were the Financial Times I’d see this as an amazing opportunity to move in and grab a lot of market share.

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