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Prof Triggernometry
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CNN Appears on the Verge of an Epic Collapse
MATT MARGOLIS | 9:48 AM ON MARCH 02, 2024CNN has been desperately treading water for years now. The former king of cable news has been bleeding ratings for years, with Fox News typically topping all the networks night after night. CNN still fancies itself the "most trusted name in news," yet, even former CEO Chris Licht admitted last year that that trust — assuming at one point they actually had it — is long gone and they need to restore it. He didn't last long.
The problem, of course, is that CNN claims to be fair and without bias, yet anti-conservative views have long been part of its DNA, as the network's on-air talent routinely bases its reports on Democratic Party talking points. Even token conservatives on the network are a joke, and sound more like liberal pundits.
New CEO Mark Thompson is preparing ruthless cuts to remake the network as ratings plunge — leaving Anderson Cooper, Chris Wallace, Wolf Blitzer and Jake Tapper facing dates with the axman, a source says.
“Anderson knows he’s on the chopping block because he makes a whopping $20 million a year. He’s already started looking for a new gig!” a network insider exclusively tells In Touch. “Chris Wallace takes $8 million and figures he’s a likely target, too!”
Insiders say other network favorites — including $15 million man Blitzer and $8 million gent Tapper – are also bracing for the boot!
“Everybody knows the focus is on cutting costs,” the insider continues. “No one is safe!”
For now, no big changes are expected, because the contracts for the so-called "heavy hitters" don't expire until after the elections in November. But after then? Well, anything can (and probably will) happen.
More here on the sinking ship at CNN: https://pjmedia.com/matt-margolis/2024/03/02/cnn-appears-on-the-verge-of-an-epic-collapse-n4926947
It's long overdue.