New Alternative News Channel "GB News" chaired by Andrew Neil launching - read OP before posting

Of course businesses make losses in their early days - Set-up costs etc.

A new business will start small but have large initial costs while it gets up to speed.

BUT - It does have to show growth or at least some indication of future prospects, or at least it should.

GB News is showing nothing but decline - A bit of early interest followed by a steady and continuous downward trend.

It's TV numbers are already 50% below that initial peak and declining steadily each week.

There is no spin - Simply statements of fact , there is no growth , there is no sign of future growth.

It's decline in TV viewers each week is not being offset by the growth in Social Media activity. It's social channels are still growing , but they are all growing by much smaller rates than they were before.

GB News may well be here for the "long haul" but it's long term future is not predicated on it growing and becoming profitable , it's future is entirely dependent on that "financial runway" provided by it's backers.

When they reach the end of that runway , that is it - There is no line of sight to any kind of "take-off".

That's not being "terminally negative" , that's simply realism.

Not one person to my recollection has ever said that it was going to "fail in an instant".

What I and several others have said since day one is that its basic business model is a flawed one and that in all likelihood its survival is entirely reliant on the goodwill and largesse of the Financial backers.

There has not yet been a single shred of evidence to date to disabuse me of that theory.

It's not profitable , it has no obvious pathway to profitability , it also does not have a large Media conglomerate "big brother" to cover the losses a la Sky News for example or indeed it's upcoming competitor, News UK.

As I and most others have continually said to you , GB News will go on for as long as the backers continue to pay the bills - That could be days, months or many many years. We simply don't know.

What we can say though with a high degree of confidence, based on decades of evidence from around the globe on the financial viability of "news" outlets is that it will never be profitable and it will always require additional outside funding to keep the lights on.

To be honest your inability to accept that basic fact is what keeps this thread going at this stage.

At this stage of the thread your complete lack of critical thinking should no longer surprise me , but it kinda still does.

You accept at absolute face value what is in effect a Press release from the Chief Executive of GB News that everything is going reasonably well and that things are growing and even in his own words hopefully moving towards profitability.

No application of nuance or understanding of what he could/would say in that situation at all from you?

In all honesty , regardless of what the actual situation is do you really think he would ever say anything other than what he did say?

I mean it's absolute standard boiler plate business interview stuff -

That is a reasonable synopsis of what Frangopolous said and you could take that exact same statement, swap out a few numbers and names and it would work for any company on earth. It's hardly speaking truth to power or anything.

PR Fluff interviews are just that - Fluff.

But facts are facts and when you actually look at them fully GB News is simply not doing well and all of the trend markers are moving in the wrong direction for them right now

That's not negativity or "hating" , that's simply a pragmatic view of the current reality.

I'd never heard of him.

Quick Google and.....well , he seems like he'll fit right in.