I started this blog two-and-a-half years ago because I thought that cable news is fun--fun, but still small enough for me to handle, to grasp in my little mind.
Well, if Bill Carter is to believed in his report this morning--and who doesn't trust The New York Times?--Fox News is about to pay Shepard Smith between $7 and $8 million a year. That's more than Lou Dobbs, who is said to be making about $6 million, and Anderson Cooper, clocking in at $5 million. And about what Brian Williams is making at NBC.
My first reaction is to simply say, "Wow!"
My second reaction is, "Of course. Cable continues to eclipse broadcast as the primary medium for news, especially breaking news. It's a trend that has been gaining momentum, and will likely continue."
