MSNBC MELTDOWN After Big Pharma Pulls Funding

MSNBC MELTDOWN After Big Pharma Pulls Funding. www.watchdogonwallstreet.com

Episode Transcript

Speaker 1 (00:00):
The Watchdog on Wall Street podcast explaining the news coming
out of the complex worlds of finance, economics, and politics
and the impact it we'll have on everyday Americans. Author,
investment banker, consumer advocate, analyst, and trader Chris Markowski.

Speaker 2 (00:16):
All that escalated quickly to quote Ron Burgundy, Yeah, media
crack up and big pharma. Comcast is gonna move forward
with a plan to spin off its NBC universal cable
t the networks all it's going to separate MSNBC, CNBC USA,

(00:48):
Oxygen E, Sci Fi, and the Golf Channel. Yeah, they're
keeping Bravo though, they're keeping the Real Housewives. And now
I'm going to see who ends up getting involved with
this after the fact and expect more of this to happen.

(01:13):
Why are you gonna expect more of this to happen
across other networks? Well, god willing. Robert F. Kennedy gets
his job and puts a kebash on big pharma spending.
The numbers are incredible, incredible, the amount of money that

(01:39):
is spent. Again, blow your mind, pharma TV ads spend. Okay,
this is for twenty twenty three, Comcast over a billion
dollars got in pharma ads paramount over a billion dollars,

(01:59):
Disney nine hundred million, Warner Brothers Discovery eight hundred and
sixty eight million, Fox three hundred and sixty nine million,
A and E two hundred and sixty three minute. I
can go on down the line for crying out loud,
I mean the one point three billion in spending Glaxo
Smith Klein spent seven hundred thirty six million, Fizer spent

(02:21):
five hundred and two million dollars. I go right on
down the list. This is all ad spends by Big Pharma.
What is this going to do to all of these
cable networks? Again? What is it going to do to
the dynamic in regards to even sports? Watch a football
game on a Sunday. A lot of that ad spend

(02:44):
Big pharmam And I thought about it a little bit.
We've covered advertising and you know, buying good good news
coverage and how it's done. And I'm curious, you know,
I'm curious to see they run all these ads and
there some of them are annoying as hell, annoying as

(03:06):
how long ass ads with people frolicking around after taking
their wonder drug. For crying out loud, It's just it's
bloody annoying as far as I'm concerned. But anyway, not
neither here nor there. Do people actually watch this stuff
and say, oh, I'm going to I want that drug.
Do they have their doctor on speed dial and then

(03:30):
call them up and say, Hey, Doc, I want this
drug that I saw on TV. And I'm curious to
see if doctors be like, oh, okay, sure you want
that drug, I'll give it, you'll prescribe it to You're sure.
I don't know. I don't know. What I do know
I actually think about it is maybe, uh, there's an

(03:52):
ulterior motive here, I know, going all conspiracy theory on here. Uh,
maybe there's ulterior motive to all of this ad spending. Yeah,
it is. The major news networks. Are you ever see
them investigate these pharmaceutical companies or look into you know,
what they're up to or the drugs are prescribing or

(04:14):
some of the side of it. Again, you can find it.
You can find all this information again. I'm I stopped.
I stopped doing the COVID vaccine stuff here on the
program because it's just gonna it's unhealthy for me. It
really is. I have to stop covering because it's so aggravating.
More and more studies coming out all of the terrible things. Uh,

(04:36):
how these companies got out of jail Scott Free. I'm
saying that you only you know, you have to really
look around. None of the major networks cover any of
this stuff, none, Fox included. Do you think it might
have something to do with the fact that they're getting
nice checks written to them by these pharmaceutical companies? No, No,

(04:58):
couldn't be. Yeah, it could be. Yeah, it could be.
Big big ad buys will buy you good editorial coverage
period the end, they will buy you good editorial coverage.
We know this. We've covered this here on the program.
When it comes to the two big to fail banks.

(05:20):
What do you think it's any different for Big Farmer anyway? Again,
it's it's going to be interesting moving forward. It really is.
What's going to happen with these media outlets? Uh, what's
going to happen? What's going to happen if they lose this? Uh,
this massive revenue stream coming from the pharmaceutical industry. Quite frankly,

(05:44):
quite fair. Why you're at it? Why you're at it?
Why don't you again, I understand beer and wine to
some degree, but the hard alcohol adds I remember back
they weren't legal either anyway. Watchdog on Wall Street dot
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