NEWS > BUSINESS > ROGER AILES READY TO CONTINUE PRETENDING TO RUN THE NEWS FOR ANOTHER FOUR YEARS
ROGER AILES READY TO CONTINUE PRETENDING TO RUN THE NEWS FOR ANOTHER FOUR YEARS
October 21 2012
New York, NY – It seems strange, really, that a new organization could have become a major player in the United States. In some countries, like say the U.K., where a news organization is effectively an arm of the government, it makes sense but not in the free market utopia that is the United States.
That, though, is exactly what Fox News has become over the last decade. Supplanting originator CNN and crushing newer competitors, Fox has made the news into an art, made a lot of money in the process, and actually helped to shift the social and political landscape of the country.
Much, if not all, of that is due to the man at the top, the man whose brain made all that work. That man is of course Roger Ailes who has taken the network from an also-ran to the most popular 24 hours news organization in the world with, well, a very particular slant on the news which appeals to a lot of people apparently. Now Ailes, who was widely expected to retire, is returning for another go-around by signing a four year deal that will keep him charge of what he kind of calls news for another term.
The new deal, terms of which were not released, will keep Ailes in charge of the network he started until the next round of elections which will, presumably, allow him to continue to extert his personal political beliefs on his viewers in order to extract money from them, and kind of change the country.
Ailes, 72, likely stayed on because he has not groomed a successor which means big money for him.
Ailes reportedly made a minimum of $21 million last year and will likely make even more over the next four years.
“It’s really a remarkable thing that Ailes and Fox have done. You can debate whether or not it’s good or bad but you can’t deny the raw achievement tied to it. News really shouldn’t be the thing that influences public policy but it is now, not only for Fox but for everyone and they made that happen,” said Scrape TV Media analyst Sarah Piper. “Ailes more specifically made that happen and he deserves all kinds of money for doing so which, of course, is what he’s getting, getting a ton of it in fact, more than a person running a news network has any business earning.”
It’s not clear what Ailes does with his money, though clearly he does like burgers.
“I’m sure that no matter the outcome of this election Ailes will keep his team on course, provided of course that continues to make money. I mean clearly this is a view of the country that Ailes believes in, the Fox News view, but it’s really just there to make money and man, they have made a lot of money so as long as doing that makes cheddar it will continue I would imagine,” continued Piper. “That’s the core of this, really, is making money and they do make a lot of it. I’m sure Ailes staying will allow them to continue to make all kinds of coin and continue to influence politics in whatever way they see fit, so long as it’s profitable. That’s always the key.”
Ailes hasn’t made statement on the new deal yet, or the election, which seems weird at best.
William Ashford, Business Correspondent