Woodbutcher wrote:First I am not an Imus fan.
I don't believe that the free market had anything to do with MSNBC's decision to cancel Imus's TV show. Free market works like this. The public doesn't like his shows content. Ratings drop, then advertisers leave because they can't make enough money off his listeners. What happened here was, someone was offended. Two guys with the same history of bad actions as Imus screamed loud enough to scare the advertisers into pulling the plug. All of this was long before they suffered any loss of business. This is very hypocritical of them. After all, they knew the content of his show before the plunked down their ad $$$$ in the beginning. But he had good ratings and they stood to make good money.
You're exactly right, NOTHING to do with free market, but here's another factor about the ratings system to throw into the equation. And it's a biggie:
The whole ratings system is a total farce in the first place. I write the below having worked for a huge ad agency in New York, and although not in media buying, I drank daily with a marketing research genius whose work was the basis of deciding where tons of ad dollars were to be spent. (LARGE accounts!)
We now have the technological capability to measure HOUSEHOLD BY HOUSEHOLD what people are actually watching, thanks to cable. However, this huge country of 300 million people's viewing habits is still determined by sending out maybe a couple of hundred "machines" to select households, and a few thousand "diaries" to people to fill out.
A few thousand "opinions" out of 300,000,000 is NOT an accurate, representive sample of what people are watching or listening to in the totality of the nation. And although they pick their viewing "families" based on demographic/psychographic criteria, it is still voodoo BS.
So how come they don't switch to a system which gives the REAL truth about who's watching what?
Well, they're afraid of it. Afraid to uncover that they've been totally wrong all of these years. Or maybe wrong half the time. Or just KIND of wrong every now and then.
And everyone continues with business as usual, but they know the flaws.
So working in this kind of atmosphere, where all the parties involved don't really trust their own ratings system in the first place, it's easy to jettison Imus--because who KNOWS how many people watch/listen to the damn guy in the first place.
Wanna know what a true rating system is? Here it is:
June 2005, Sirius Satellite Radio has 600,000 subscribers.
January 2006, Howard Stern moves his show to Sirius.
April 2007, 7,000,000 subscribers--PAYING subscribers forking out $12.95 a month.