John Solomon, Mike Benz brainstorm on how Elon Musk can save talk radio from financial ruin
John Solomon Reports
John Solomon
4.6 • 6.1K Ratings
🗓️ 11 December 2024
⏱️ 58 minutes
🧾️ Download transcript
Summary
Foundation for Freedom Online Executive Director Mike Benz sat down with Just the News Editor-in-Chief John Solomon to discuss how censorship organizations have hurt conservative voices, as well as what people are doing to reverse the process. Benz predicted that “the main threats are going to be international regulations.” Additional interviews with Empower Oversight founder Jason Foster and CSPOA founder Sheriff Richard Mack.
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Transcript
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| 0:40.9 | Hello, American, happy Wednesday, hard to believe, or midway through the week. |
| 0:44.7 | Hump Day already. |
| 0:45.4 | We got a good show for you today. |
| 0:46.4 | We're going to go big and a thought. |
| 0:48.3 | The last few years have seen a significant financial collapse of the talk radio world, which has been one of the most important |
| 0:56.8 | sources of news and information and thought leadership on the conservative side, right? |
| 1:01.3 | The Rush Limbaugh's and the Sean Hannity's and the Bill O'Reilly's all got their starts on |
| 1:05.8 | radio, and radio was the place where conservative ideas and conservative narratives were crafted. |
| 1:12.0 | But over the last two decades, that medium has become troubled by first large debt deals that major companies did, large financial losses, the cancel culture of advertising. |
| 1:23.3 | And now you see large radio networks losing anywhere from $30 to $150 million a year in revenue. |
| 1:30.5 | They don't have the revenue stream to back up the expenses they have, which includes the talent, |
| 1:36.1 | the engineering, the FCC regulatory requirements, and, of course, the towers. |
| 1:41.3 | And there's a moment of reckoning coming, and a lot of people are wondering, |
| 1:45.2 | what's going to be done about it? What can we do about it? While that's going on, the liberal |
| 1:49.2 | mega donor, George Soros, has been buying up radio stations and networks, bought up a large |
| 1:53.6 | Hispanic radio station network to the chagrin of many conservatives. He just took a large |
| 1:58.5 | equity stake in one of the largest radio networks in the |
| 2:01.6 | world, and there's a belief he'll keep going with that, potentially choking out one of the |
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