Why doesn’t work the law of supply and demand in the entertainment and media business?
Within a well-performing capitalistic system one should expect, that produced goods (supply) correspond to what people call for and require (demand).
Since about 50% of the people are conservative and ought to ask for corresponding media coverage: Why aren’t at least 50% of media products conservative too?
Normally (in a well-performing capitalistic system) companies couldn’t decide what the do or which products they provide by themselves! In well working capitalistic system they had to align their offer to the needs and wants of the consumer - or go bankrupt.
- Hollywood is liberal
- The NFL is liberal
- TV-News-Networks are liberal (except FOX)
- Newspapers are liberal
Isn’t a condition with a low number of competitors but a high of potential customers the ideal circumstance to make money? So, why aren’t there more companies which try to fill the (conservative) gap in market and why isn’t there a greater offer of conservative media products?