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Thread: CNN Laying Off 300 employees

  1. #31
    It was pointed out today that one of the witnesses in the DOJ's suit against the merger of AT&T and Time Warner was the current Attorney General, whose testimony was very critical of the actions of the DOJ and the president. He used the words "the president's public animus" against CNN. The DOJ lost that case, and hasn't appealed. Given the testimony filed last year, I doubt the DOJ will ever appeal. So apparently the AG doesn't approve of the president's continual attacks against CNN or the calling for an AT&T boycott to pressure CNN to produce coverage that is more favorable to him.

  2. #32
    CNN International is cutting its last remaining daily program produced from Asia, CNN New Stream. At one time Asia was a big focus for CNN, there use to be a morning program produced in Hong Kong but was axed a few years for a 3 hour simulcast of CNN's US lineup of Anderson Cooper, Chris Cuomo and Don Lemon. Along with CNNI recently adding a simulcast of CNN US's Morning show to 6pm Hong Kong, another prime news period, With the focus of CNN's US programming being mostly of US politics, this current lineup likely has little interest to viewers in Asia.

    CNN sent a letter out to several of its freelancers extending payments terms to Net 90, basically meaning freelancers will get paid 90 days after sending a invoice. I believe Net 30 and net 60 are a lot more common. CNN has a large number of freelancers. With many people living paycheck to paycheck this is going to have a very big impact on the freelancers and this will likely put into question to CNN's financial situation.
    This is a blog post https://blog.freelancersunion.org/20...-payment-term/ but you can see the letter here https://twitter.com/marcusdipaola/st...83324977483776

  3. #33
    Quote Originally Posted by bobjim45 View Post
    With many people living paycheck to paycheck this is going to have a very big impact on the freelancers and this will likely put into question to CNN's financial situation.
    I doubt anyone has to worry about the financial solvency of AT&T.

  4. #34
    Quote Originally Posted by TheBigA View Post
    I doubt anyone has to worry about the financial solvency of AT&T.
    No but CNN international losing 10 million dollars a year https://www.theguardian.com/media/20...news-operation and CNN US's ratings being at a 3 year low is concerning. https://www.ftvlive.com/sqsp-test/20...in-the-ratings

    It doesn't sound like CNN is changing direction from 24/7 Trump coverage even if it makes CNN's top talent unhappy. https://www.ftvlive.com/sqsp-test/20...s-to-breakfast

  5. #35
    Quote Originally Posted by bobjim45 View Post
    It doesn't sound like CNN is changing direction from 24/7 Trump coverage even if it makes CNN's top talent unhappy.
    Their problem isn't who they're covering. Their problem is how they're doing it. MSNBC is doing a better job, and the viewers know it. That's why MSNBC is doing so well. One wonders why Trump never mentions them.

    But the fact is that CNN could go back to covering non-Trump stories, and I don't think it would improve their ratings, nor do I think it would improve their profitability. Cable news is suffering the same problem AM talk is facing. Aging demos and unwillingness of advertisers to support the programming. The bigger problem is that consumers are moving away from cable TV to OTT devices and ala carte channel choices. It's the same thing that's causing ESPN to lay off staff. It's why some other companies like Scripps Interactive are selling cable assets. So we all know that CNN is consolidating its operations, as all other cable companies are. The focus at AT&T is for assets such as HBO more than CNN. I'm sure someone at CNN is talking about creating some kind of subscriber content, because the future isn't great for ad supported channels.

  6. #36
    Quote Originally Posted by TheBigA View Post
    One wonders why Trump never mentions them.
    One name: Jeff Zucker, they're both showmen, Jeff loves when Trump mentions CNN. The more Trump talks about certain CNN "reporters" the more airtime they get on CNN. The focus at CNN is entertainment more than journalistic integrity.

    CNN did have success with its documentary/reality series (Anthony Bourdain...), those shows were able to help prime demo ratings. Most of CNN's cuts for the last few years have been to news gathering (news bureaus being closed or cut, news hours being replaced). News programming is very costly compared to airing opinion.
    Last edited by bobjim45; 06-07-2019 at 03:55 AM.

  7. #37
    Quote Originally Posted by bobjim45 View Post
    The focus at CNN is entertainment more than journalistic integrity.
    Except it's not entertaining.

  8. #38

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    https://deadline.com/2019/06/warnerm...er-1202631178/

    WarnerMedia is facing management changes along the way.

    Molly Battin, previously EVP and head of communications and marketing at Turner, has been appointed Chief Corporate Marketing and Brand Strategy Officer at WarnerMedia.

    In leading brand strategy and brand management across WarnerMedia, Battin will report to Keith Cocozza, EVP of Corporate Marketing and Communications. She and her team will be responsible for coordinated portfolio marketing, agency management, cross promotion planning, media production and presentation services.

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