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Despite the hype, CNN’s Internet streaming service, CNN+, has already tanked in its first month online after hiring the likes of left-wing “sports” commentators Jemele Hill and serial fabulist Rex Chapman. CNN’s streaming service launched only two weeks ago to great fanfare, but now it is being reported that the company is already gutting its investment into the service by millions. Even left-wing Axios noted that the “dramatic cut” is being made “in response to low adoption,” i.e., disastrously low subscription levels. CNN is now owned by WarnerMedia just as it is merging with Discovery, and some of the execs...

'Paranoid' WarnerMedia staff are preparing for another round of layoffs ahead of the completion of its merger with media conglomerate Discovery, sources have revealed, after a firing spree this week saw nine top execs nixed from the company. The nine departures saw the exit of CEO Jason Kilar, Warner Bros. chief Ann Sarnoff, and HBO Max general manager Andy Forssell. Other staffers set to leave the company Friday include WarnerMedia CRO Tony Goncalves, CTO Richard Tom, CFO Jennifer Biry, Executive Vice President Jim Cummings, CIO Christy Haubegger and WarnerMedia general counsel Jim Meza. All were top members of Kilar's management...

CNN is putting its money where its woke, hysterical, "misinformation"-battling, fact checking mouth is.According to FT, WarnerMedia has sunk $350 million in investments into the CNN+ streaming platform so that viewers have yet another platform to watch Brian Stelter gain weight offer up his "Reliable" Sources take on the news.CNN confirmed this week that the service would be moving forward this spring and that it would cost $2.99 per month upon launch, Reuters reported. Once the introductory rate ends, CNN will charge subscribers $5.99 per month. It's the same price as "Fox Nation", the rival streaming service run by Fox...

CNN media reporter Brian Stelter said Sunday on his show “Reliable Sources” that his network faces a “legal mess” from executives Jeff Zucker, Allison Gollust, and anchor Chris Cuomo’s exits. Stelter said, “When CNN President Jeff Zucker abruptly resigned this month, people wondered if another shoe was going to drop. Zucker tied his exit to his failure to disclose a romantic relationship with Allison Gollust But was there more to the story? A few days ago, Gollust also resigned, and now there are stories about the reasons why. It seems the second shoe was landed. Well-placed sources have told me...

Allison Gollust, the chief marketing officer at CNN, has resigned from the network following a WarnerMedia investigation into “issues associated with Chris Cuomo and former Governor Andrew Cuomo,” according to a memo from Jason Kilar, the company’s CEO. -snip- Based on interviews of more than 40 individuals and a review of over 100,000 texts and emails, the investigation found violations of Company policies, including CNN’s News Standards and Practices, by Jeff Zucker, Allison Gollust, and Chris Cuomo.”

It appears that CNN’s left-wing bias will be wiped away when the network is spun off to Discovery later this year, with the new owners’ largest shareholder eager to restore it to impartiality. This is more likely than ever with Jeff Zucker gone. Liberty Media, Discovery’s largest shareholder, is headed by John Malone, a billionaire Trump donor. He retains a 25 percent voting interest in Discovery, which is set to take control of WarnerMedia later this year – including CNN.

CNN's left-wing bias may become a thing of the past when it is spun off to Discovery later this year, with the largest shareholder of the network's new owners eager to restore it to impartiality. John Malone, a billionaire Trump donor, is the CEO of Liberty Media, Discovery's largest shareholder. He retains a 25 percent voting share in Discovery, which will take control of WarnerMedia and its assets - including CNN - later this year. With Jeff Zucker gone, that seems more likely than ever. It's unclear which political direction Discovery CEO David Zaslav wants to take the network in....

CNN president Jeff Zucker will leave the news organization at the end of 2021 after almost a decade in charge, it was reported Thursday. The long-time boss, 55, told staff: 'I'm going to stay and finish my current contract, which, as I said, will keep me here until the end of this year. 'At that point, I do expect to move on.'

As AT&T's WarnerMedia sheds the asset, founder Harvey Levin has signed a multi-year deal with Fox and will keep overseeing day-to-day operations. AT&T’s WarnerMedia has sold the celebrity news and gossip brand TMZ to Fox Corp. The deal will see the notorious tabloid founded by Harvey Levin operate under the Fox broadcast network umbrella. In addition to its websites, TMZ has also had a syndicated TV series, TMZ on TV, since 2007, and a spinoff series TMZ Sports on FS1. Fox’s owned and operated stations were the launch partner for the syndicated show, and keep airing the program, which had...

Mainstream media figures, Big Tech moguls, investors, intelligence insiders, former government officials and titans of industry are set to meet in Sun Valley, Idaho this week for an annual conference held by “intensely private” investment bank Allen & Co. The annual globalist meeting, dubbed the “summer camp for billionaires” by NPR, is being held in the small town of Sun Valley, Idaho this week. The attendees are meeting to “plot some of the biggest deals in media and tech” among other undisclosed agenda items. Prominent globalist kingpins such as Apple CEO Tim Cook, Berkshire Hathaway’s Warren Buffett, Walt Disney CEO...

Jason Kilar, the CEO of CNN's parent company WarnerMedia, has apologized after he said at a conference that the COVID-19 pandemic is 'really good for ratings.' Kilar made his comments during his keynote address at Morgan Stanley's Technology, Media and Telecom Conference and apologized after he was called out on Twitter by the Wall Street Journal's Joe Flint. 'It turns out the pandemic is a pretty big part of the news cycle and that's not going away any time soon,' Kilar said during the conference. He continued: 'If you take a look at the ratings and the performance, it's going...

ATT sent the following letter to it's employees. This is a letter telling ATT employees they will contribute the the ATT/WarnerMedia Federal PAC or else. Won't be long before they'll have them filling out absentee ballots under a managers supervision. This is bad. To All PAC-Eligible Employees: A critical component of our company’s efforts to be a responsible corporate citizen is actively participating in the political process. We do this in a variety of ways, including through corporate and employee political action committee (PAC) contributions consistent with our core values. Employees on our Federal PAC Board recently convened a call...

AT&T Inc.'s WarnerMedia subsidiary is preparing a restructuring aimed at cutting costs by as much as 20%, resulting thousands of employees losing their jobs, according to a report in The Wall Street Journal. Citing people familiar with the matter, the report said the restructuring, which is expected to begin in the coming weeks, comes as earnings from movie tickets, cable subscriptions and TV ads have taken a hit from the COVID-19 pandemic. The layoffs will affect AT&T's Warner Bros. studios, as well as TV channels such as HBO, TBS and TNT, the report said. The layoffs are in addition to...

WarnerMedia’s new CEO, Jason Kilar, announced a management shake-up Friday that promotes its streaming executive Andy Forssell to lead a new HBO Max operating business unit. Kilar also announced layoffs, and the departure of some top executives.

<p>"The Ellen DeGeneres Show" is currently under internal investigation by its parent company WarnerMedia after a number of "toxic work environment" allegations have gone public.</p> <p>In a report from Buzzfeed News, one current and 10 former staff members claimed to be victims of bullying and racism.</p>

WarnerMedia said Monday it will sell the iconic CNN Center in downtown Atlanta, but that it doesn’t mean the network will abandon the city. The network will consolidate its Atlanta workforce in a series of offices across town, the same office campus where CNN was first located upon its founding by Ted Turner in the early 1980s. “Downtown Atlanta has seen great investment and is quickly becoming an entertainment destination,” Pascal Desroches, chief financial officer at WarnerMedia, said in a memo to staff. “The CNN Center is of great value to a third party that specializes in such developments.” The...

China, the same country that gave us the China coronavirus, costing over 100,000 American lives, is also behind much of the bad press related to President Trump and the USA. China’s CCP (Communist Party) created an entity labeled the “United Front” directed to ensure the media in the US is flattering towards China and policies beneficial to China. The United Front also supports Democrat policies that benefit China and pushes the promotion of these policies. We’ve reported numerous times how China’s economy is stalling, if not going backwards. There are numerous measurements that support this position, and yet you...

Jeff Zucker’s meteoric rise in the media industry may not be over yet. Zucker, the president of CNN, is now the leading — if not the only — internal candidate being considered to become chief executive of WarnerMedia, the new conglomeration owned by AT&T that includes Warner Bros., HBO and Turner Broadcasting, according to five high-level WarnerMedia sources................................