Entertainment, Politics and Ratings

It is becoming increasingly apparent that major TV entertainment events, such as NFL games and major award shows, are suffering from declining ratings.  Most recently, viewership for the Grammy Awards were down approximately 24%, setting a nine year low.

This is a significant development for broadcasters, advertisers and investors.

According to a recent article in The New York Times, “award shows have gotten increasingly political, with celebrity presenters and winners playing the role of firebrands at town hall meetings.”

My mother once told me that it is rude to talk to strangers about religion and politics.

All comments and suggestions are welcome.

Walter J. Kirchberger, CFA