GB News loses £22m, taking their total losses to over £130m. Except it's not a 'loss', it's an investment by Paul Marshall in providing a propaganda service to platform right wing grifters, gobshites, conspiracy nutters and contrarian fuckwits.
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Same energy as Musk buying twitter and ‘losing money’. What he gains is far more valuable
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What's £130million when you have £billions. Not even something you'd lose sleep over. Probably just thinks of it as the cost of doing his propoganda.
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I’m sure Mr Marshall isn’t looking for anything in return for his very generous donations to GB News. I wonder if his French wife is nervous about being sent “home” if Reform Ltd comes to power.
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OH NO IT ISN'T!
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It’s fascist operating costs
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Moscow has the money, don't worry....
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Hate has no financial limits.
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As I have long suspected, advertisers on KGB News don’t pay ratecard - or in some cases anything at all.
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Exactly, they profit in other ways off the back of their GBeebies lies
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And it is working a treat. Appalling.
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Same with most of the "News" papers, mostly owned by billionaires who could care less if they lose money as long as their message is pumped out to the kind of voters who will vote reform its money well spent.
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...and billionaires who wish to pay a subscription to a service that diverts attention away from their tax avoidance.
Just as Netflix diverts attention away from the drudgery of life.
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If it was a sick animal we’d be halfway to the vets saying are last goodbyes.
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They should be forced to remove the word news and replace it with...?

I'd suggest Bollocks.
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They call themselves news until ofcom get involved when they say extra dipshit stuff, then suddenly they're a 'lifestyle channel'.
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Aye, that'll do!
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Amazing that there is no governing body to stop losses happening.
Like with PSR rules etc.
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Honestly cant believe Folk are gullinle to trusy tje Racist Fecks ¡
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Is he getting a tax break for Charitable contributions?
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all their presenters are useless.....especially dementia ridden holmes.....
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Let's hope for more bigger loses. He can't run out of money soon enough
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This should concern regulators - the super wealthy distorting democracy. If mega wealth is dominant owner of all media we do not have a free press but the plutocratic distortion of the public realm. 👆👆👆
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Shady as hell. It’s clear that the GB ‘not news’ service was never set up to care about a profit. Propaganda and appealing to the RW hard of thinking was always their primary target.
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Russia Today (RT) is funded by the Russian Government as a propaganda arm. GB News performs a similar function.
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How does it pass the ‘going concern’ test? Or isn’t that a requirement of businesses any more?
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It's an investment for advertising hatred & fear as a constant party political broadcast for whatever party keeps rich people richer.
Its only job is to scare the hard of thinking into voting against their interests.
It's embarrassingly shit.
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It's clearly intended not as a profit making entity and will never be.
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Yes it is a propaganda channel !
Is there no legislation to ban it ?
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That's exactly right

However, the problem isn't GB news per se

It Is the regulation and legislation that enables this distortion to exists
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Fox News equivalent that’s all it was set up to do, get dimwits to follow the messiah. He’s not the messiah he’s a very naughty boy.
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Can you put a price on democracy? They certainly think so.
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The ROI they'll get on £130m if Farage becomes PM, drags us out of the ECHR + throws the NHS on the bonfire will be off the scale.

Of course they keep chucking the funds in.
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They'll get more than that off the people of Slough in the first month.
The entire UK stripped of rights & heathcare for decades is worth trillions to these fuckers.
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They pay GB News instead of GB tax.
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I blocked them on all platforms on the day they spawned into existence, and I've never had cause to regret it.
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Losing £130 mil and saying you’re on track in your business is… bold.
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The AI companies do it as well it’s not like this is new behaviour.
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Can't waite till Nige is PM and his backers are reviving the UK economy
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Yeah, they're doing a cracking job here in Worcestershire
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True of the entire RW press.
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Or money laundering?
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Happy to say that this shit is banned in my home.
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It’s still great to know he has spent all that money for a bloke who won’t win the election.
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It’s a political donation with tax write offs
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