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The Trump bump: The Trump bump is fading for media companies

The Trump bump: The Trump bump is fading for media companies

Cable news, both left-leaning and right-leaning, is finding something to talk about other than who is sat in the White House.

Data from the Stanford Cable TV News Analyzer, which uses AI to track and detect different faces in TV footage, reveals that so far during his presidency Joe Biden has averaged around 31 hours a month of screen time on cable TV. That's well below the 55 hours a month that Donald Trump averaged when he was sitting in the Oval Office.

The "Trump bump" fades

This data is consistent with what Axios has found in a recent study — that partisan and strongly ideological media companies have been struggling for readership in 2021. According to Axios, both right-leaning and left-leaning outlets have seen anything from 15-40% drops in monthly traffic.

The well-documented "Trump bump" that media companies enjoyed for much of the last few years is officially fading.

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Starbucks sells control of China business for $4 billion

Starbucks disclosed on Monday evening in a regulatory filing that it will sell control of its ailing China business to Boyu Capital for about $4 billion.

Under the agreement, Boyu will own a 60% stake in the China segment, which will become a joint venture between Boyu and Starbucks. The coffee chain will retain a 40% interest in the entity and will continue to own and license the brand and intellectual property.

Bloomberg reported earlier this year that the company was looking to sell its China segment. The American coffee giant has struggled to succeed in China, its second-largest market after the US.

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John Wayne Airport in Orange County tops the list of North America’s favorite airports

Despite a record year of passenger numbers, flight cancellations, and delays, a new survey has revealed that flyers have been increasingly satisfied about their experiences in North American airports. 

According to this year’s North America Airport Satisfaction Study from data analysts at J.D. Power, overall passenger satisfaction scores were up 10 points (on a 1,000-point scale), largely from “improvements in food, beverage and retail and ease of travel through the airport.” The annual survey measures overall traveler satisfaction across the region’s airports in seven categories (in order of importance): ease of travel, level of trust, terminal facilities, airport staff, airport departure experience, food and retail, and airport arrival experience.

Here are the regions favorites:

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