CNN is being subsidized by powers on the Left to be the voice of the opposition and to be the propaganda arm of the democRATS.
The fact that they don't have an audience large enough to support them financially would not bode well for most business enterprises, but they do have advertisers and financial support to get the hate-America, hate-Trump message out.
There will always be a need for the Left to get their message out to the public. So I don't think they are down for the count anytime soon.
They will still be the butt of jokes from the right and jabs from the president, but they aren't going anywhere anytime soon.
Yes, they are just one of several "house organs" of the left.
Most of the old media are "house organs" of the left.