Well, the requested amount equates to a rough average of $75M each. Smaller outfits will feel that sting more than the larger ones, but with declining viewership and (perhaps) dwindling DS coffers (just a guess on my part) it may cripple some of the firms. At very least the BoDs will be under scrutiny by shareholders to have some heads roll. Remember that viewers equates to what's called "eyeballs" in that industry and their advertising revenue is based on that. As their advertising revenue craters so does their stock price and that tends to make shareholders very unhappy. The reason why so many viewers have already walked away from FNM is due to a loss of trust (as they awaken) and this debacle is going to kneecap them in this arena.
Your question is a good one. It will be interesting to see what shakes out from this. Some of the mega conglomerates may choose to spin off some of their toxic FNM holdings/firms if it looks as if they're in trouble. The psychological impact on their leftist viewers may also shake them awake a bit, jar them from their mind prisons. This suit is actually a very big deal at a very good time. IMHO.
This is likely more about exposure and introduction of evidence than collection of monetary damages or loss of viewers and revenue. These BOD are most likely compromised already by DEI and have no stake in the success or profitability of the companies because they are actually paid by outside influencers. Think Target, Bud Light, etc. They have no interest in the health of the company.
Well, the requested amount equates to a rough average of $75M each. Smaller outfits will feel that sting more than the larger ones, but with declining viewership and (perhaps) dwindling DS coffers (just a guess on my part) it may cripple some of the firms. At very least the BoDs will be under scrutiny by shareholders to have some heads roll. Remember that viewers equates to what's called "eyeballs" in that industry and their advertising revenue is based on that. As their advertising revenue craters so does their stock price and that tends to make shareholders very unhappy. The reason why so many viewers have already walked away from FNM is due to a loss of trust (as they awaken) and this debacle is going to kneecap them in this arena.
Your question is a good one. It will be interesting to see what shakes out from this. Some of the mega conglomerates may choose to spin off some of their toxic FNM holdings/firms if it looks as if they're in trouble. The psychological impact on their leftist viewers may also shake them awake a bit, jar them from their mind prisons. This suit is actually a very big deal at a very good time. IMHO.
This is likely more about exposure and introduction of evidence than collection of monetary damages or loss of viewers and revenue. These BOD are most likely compromised already by DEI and have no stake in the success or profitability of the companies because they are actually paid by outside influencers. Think Target, Bud Light, etc. They have no interest in the health of the company.