Comment 71101

By Bumper Music (anonymous) | Posted November 07, 2011 at 14:06:10

Although...

"Unemployment rising, savings disappearing and pensions evaporating. Pawn shops thriving and food banks begging for donations to help feed the poor. I get it. Nobody’s laughing right now. Too many things to fret about.

Except in the TV racket. You think they’re fretting in the TV racket? Ha bloody ha.

Recently the CRTC released figures about the commercial Canadian TV racket showing that its operating revenues in broadcasting came to $2.15-billion in 2010. That’s an increase of 9 per cent from 2009. As a result, profits before interest and taxes (PBIT) improved significantly from a deficit of $116.6-million in 2009 to a profit of $11.5 million in 2010. Yes, peaches, you read correctly, things are going fine in the TV biz."

http://www.theglobeandmail.com/news/arts/television/john-doyle/what-recession-profits-greed-and-gifting-thrive-in-tv-land/article2226343/

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