11
Feb
2022
The GCN network has been losing money for a couple of years.
Ted has been running this network with 700-plus affiliates and over 100 shows on it, but with talk radio and the implosion in the media and the economy. For a couple of years, it's been losing money. But because it's a pet project he started and because he's got other companies he can advertise on it, he keeps it propped up, even though he's losing hundreds of thousands a year and that number's going up.