A year ago, I predicted the obvious regarding the consequences of the overwhelming leftist bias in mainstream news coverage:
My prediction is that the main result will be an acceleration of the mainstream media's erosion of credibility and therefore, its audience.
Here are two examples from today's news:
NY Times Profits Plunge 39%
NBC Universal Makes $750M in Cuts by Reducing Staff, Scripted Shows, News Budget
"The moves come as more and more viewers and advertisers gravitate toward new media.... NBC's cost-saving plan involves laying off people from the company's 11 news divisions, including on-air talent."Of course, Fox News, a balanced news source, continues to soar.