Moonves, who memorably said in 2012 that “Super PACs may be bad for America, but they’re very good for CBS,” has been even more bullish. On a call with investors in February, he said, “Looking ahead, the 2016 presidential election is right around the corner and, thank God, the rancor has already begun.”
Go quarterly profits! They may be bad for America, bad for society, bad for democracy, but they sure are goods for business! Woo hoo! Now you know why our news organizations are not doing what they are supposed to be doing.