Why Everything You Think You Know About American Idol Is Dead Wrong

Fox workhorse still a top earner

While ratings watchers last week predictably enacted the Friday morning ritual of gnashing their teeth and rending their garments over the state of American Idol, those who would suggest that the show is on its last legs are perhaps more delusional than William Hung.

If Idol is no longer the event horizon of broadcast television, an inescapable black hole that sucks GRPs out of the prime-time firmament, it remains one of the single most valuable assets on the tube.

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