From Good reads - from JFK - Victory has a thousand fathers, defeat is an orphan
Remembering this, as we grew and as businessmen, we tried very hard to survive, thrive and win. Knowing that if we lose or fail, the government, the public will not mourn for us nor even help us get up. While the govt rakes in 44% of your revenues, the people there will not even blink nor miss you if you close or go bankrupt. That is the reality.
That is why you try your very best not to fail.
If the business is closed, we pay the separation pay and probably we help workers get a new job. There is nothing weird about a Senator saying that workers should look for a new job. It happens to everyone, not only to the media giant.
Here we see a giant media company, having failed to get govt nod, or even assistance, muster public support to get them to have a franchise again. What used to be a private affair, a private business, becomes a public domain and becomes a political issue. What are they trying to do.
We were talking to someone whose neighbor are from the media giant. The culture of better than thou, or more powerful than you is commonly observed
And the thing is they have their plan A to D in place They are now broadcasting, using various digital means: FB, You tube etc.
We are sure they have capable management to steer them through their crisis. That is part of doing business - the legal environment can put you out of business that is why it is paramount for every business to be compliant. Every business student knows that. Unless you think you have all legal aspects all sewed up and are at the tip of fingers.
