As the mainstream media continues to falter and flail and lose the interest of much of this great nation, there will be some rather hard decisions coming for many within the infotainment industry.
To put it lightly, Americans are simply sick of the bias and the near-libel, and networks who tend to lean too hard to the left are finding themselves at the mercy of their lost viewership.
Things are so bad at CNN, for example, that the company is being forced to make major layoffs just before the holidays.
Cable news giant CNN will be hit by layoffs Wednesday and Thursday, part of continued cost-cutting by parent company Warner Bros. Discovery, which is trying to integrate the legacy WarnerMedia businesses (like CNN) and the Discovery businesses.
In a memo Wednesday morning, CNN CEO Chris Licht wrote that the channel will inform paid contributors Wednesday as part of a new reporting strategy, with full-time employees being informed of their status on Thursday.Trending:
“It will be a difficult time for everyone,” Licht wrote.
“Our people are the heart and soul of this organization,” the executive added. “It is incredibly hard to say goodbye to any one member of the CNN team, much less many. I recently described this process as a gut punch, because I know that is how it feels for all of us.”
The trouble has been coming for a while.
The cuts are not a surprise, with Licht warning employees in late October that the news division would be undergoing a restructuring, citing “widespread concern over the global economic outlook.”
CNN has been losing the ratings battle to conservative network Fox News for years now, and Licht had previously suggested that his time at the company would hopefully usher in a less-biased future for CNN.