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Sunday, July 9, 2023

GB NEWS, Y THO?


GB News is costing its backers £30 million a year


GB news likes to present itself as a normal, decent, well-intentioned news and commentary channel that is all about "giving voice to the average Brit."

But then you constantly see signs of the mask slipping, with rather hard shilling for a "one-sided peace deal" in the Ukraine ("just let the Russians keep everything") and ludicrous conspiracy theories ("billionaire paedos are raping your kids and running the World"). 

If it actually was a 
normal news channel, instead of some weird Black op mainstreaming Q-tard level garbage, then it would at least be interested in making a tidy profit, wouldn't it? After all, giving the average Brit "his voice" should be a winning formula.

So, how is GB News actually doing profit-wise? 
Over to the Press Gazette:

In its Companies House accounts for the year to 31 May 2022 GB News Limited reported advertising revenues of £2.97m, digital revenues of £564,000 and sponsorship revenue of £105,664.

However, cost of sales stood at £25.4m and operating expenses at £8.9m, producing a loss both before and after tax of £30.7m. The year before, when GB News reported no revenue, its losses were £3m.

Hmmm, interesting. So, GB News looks like it wasn't set up to make any actual profit, does it? What other possible reasons could it have then for existing? 

Let's check when was it launched?
Answer: 13th of June, 2021

And when did Kremlin propaganda channel Russia Today get kicked off UK airwaves?
Answer: 18th of March, 2022, shortly after the Russian invasion of the Ukraine. 

With its rather odd accounting profile and suspicious timeline
GB News looks like it was set up as a deeper cover back-up channel to RT News, which, at the time, had every chance of being shut down. The channel's rather suspicious funding arrangements, through a shady character in Dubai, does nothing to weaken these suspicions.

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