Posted on 04/13/2022 5:32:41 AM PDT by Red Badger
It’s not a shock to you or me that CNN+ is crashing and burning. We could have told the CNN bosses this idea wouldn’t work… and we could have told Chris Wallace that his move to CNN+ would be an epic disaster.
The writing was on the wall. But the left lives in a clueless, out-of-touch bubble, especially the beltway liberals. They are on a whole ‘nother astral plane of cluelessness. And now, as we suspected, the bottom is already falling out, and it was just rolled out. Here come the job cuts…
Axios is reporting that investment and projections for CNN+ are expected to be cut dramatically in response to a low adoption rate, two sources tell Axios.
By the numbers: The news giant was initially planning to invest around $1 billion in the service over the next four years. Hundreds of millions of dollars are expected to be cut from that original investment total.
To date, around $300 million has been spent on the subscription service, which includes a sizable marketing investment. The new company’s leadership team still has yet to decide the ultimate fate of CNN+. CNN’s new boss, Chris Licht, will start May 1. So, why did this happen?
It’s simple…
The company bigwigs made a huge mistake by actually thinking people would PAY for CNN.
THEY… THOUGHT… PEOPLE… WOULD… PAY… FOR… CNN https://t.co/fzZr3j8Ony
— Greg Price (@greg_price11) April 12, 2022
You can’t take the same untrusted, unlikeable “talent” that’s been accused of peddling fake news for years and place them on a “streaming” service and expect people who wouldn’t watch for free, to pay to watch.
It makes no sense.
And adding one smarmy guy from Fox News (Chris Wallace), who most loyal CNN viewers wrongly think is a “Republican bad guy,” isn’t going to boost your broken brand. Also, there aren’t enough Fox viewers who “love” Chris Wallace and are willing to follow him to CNN to make a dent in their subscriptions. I’d be shocked if there were 5 of those people on planet earth.
If CNN wants to gain back viewers, they need to get rid of about 90 percent of its current so-called “talent” and get really humble with the American people – apologize for partisanship, and running fake stories, and promise to do better.
Until they do that, no new ventures will succeed.
By Wayne Dupree
The views and opinions expressed in this article are solely those of the author and do not necessarily represent those of The Blue State Conservative. The BSC is not responsible for, and does not verify the accuracy of, any information presented.
This story syndicated with permission from Wayne Dupree
The featured image is a screengrab from YouTube and has been cropped.
2
No evidence; but let me be the first to say: money laundering.
Never interrupt your enemy when they are making a mistake.
Napoleon
It was money laundering alright.
They washed it all away..................
No one (except in airports) watches CNN free. Every cable, Dish, fiber, subscriber pays for CNN and every other channel they get monthly when they pay their bill. Nothing is free in TV land, never has been, even with an antenna. You pay more for everything you buy because of advertising costs on TV. When you rent a hotel room you pay a % of your room cost for the TV service.
The only reason they are still on the air is that they have contracts that were made long ago, when the internet was still transmitted via banging on rocks and smoke signals.
These contracts require cable services to include CNN. Nearly ALL of them.
Cut those contractual obligations, and make CNN a choice you can choose to add or not add, and CNN dies a RAPID death.
Plus we have to stop referring to them. We triple or quadruple their actual audience by reporting what CNN says. Why give them free rebroadcast and advertising?
Who cares what “CNN News reports that [something happened, evil Republicans to blame. Or Trump. Yeah, Trump and Russians....]”
I don’t get the pay for news whether it’s CNN or FOX nation. If I need to hear about it, I’m sure it will be on the non-pay channel first. And even then, I can get all the information they have to give in the first 60 seconds. After that, it’s nothing but rinse and repeat for the next 12 to 24 hours. Sounds like the pay for news is just beating a dead horse.
And have a show that brings each of them on air and says, “You’re fired!” People would pay to watch that.
And the "You're fired" could be preceded by several clips of the journo-hack saying stupid/ridiculous things, later proven to be complete b.s. Make them sit there and watch their own feckless propaganda, before Trump says, "You're fired!"
I would definitely pay to see that. Just imagine Don Lemon, Dana Bash, Jim Acosta, or Van Jones on that show - it would be epic.
Good show. It is amazing that people still try to pull some version of the “Double Indemnity” life insurance scam, but Edward G. Robinson is still catching Barbara Stanwyck and Fred MacMurray (the modern-day versions).
Also, Luminol, DNA, your cell phone, security cameras all over the place and the electron microscope are going to bust you 99.99% of the time.
He even mentioned the Forensic Files show in one of his appeals . He was freed via DNA analysis using techniques that weren’t available at the time of his conviction.
CNN wants you to pay to watch their crap? I don’t watch CNN (can’t get it on my poor channel lineup) but even if I did, I might chip in a little to help pay for getting them off the air.... As long as it was a permanent situation. Who would pay for watching “news” that was unreliable, or worse? If that’s the best they can do, then I (with no experience) would be a reliable choice as a station chief, or whatever they call it nowadays.
I guess they have not noticed that my TVs are not even plugged in. And have not been for years.
They did get one thing right: Chrissy brought all his viewers over. All eleven.
Having lived in the same limited area for several years now, I was not too aware of declining newspaper subscription rates. Ours has been the opposite & closely resemble CNN’s situation now. A lousy paper, very little news, & a very high subscription price. Count me out, as of a long time ago. A VERY long time ago, it was a decent paper.
Are there ANY Fox viewers who "love" Chris Wallace?
The people who are inclined to watch CNN and/or CNN+ are people whose parents never loved them enough to teach them to think critically. Sad.
Absolutely LOVED your comment, LOL !
Leni
That’s what headphones are for and downloading movies from Netflix.
Probably 15 years ago, we were watching a California team practice for the College World Series and we got to visiting with a gentleman who looked to be about 60 and was a sportswriter for the town paper. Said that’s how his paper stayed in business was with a lot of local news and sports.
After the practice, we left the Creighton University campus to head back home in Iowa and the sportswriter was walking back to his hotel. This was NOT the neighborhood for an older white male to be walking. He was staying at a lower end hotel but appreciative that his paper sent him to Omaha to report on the series.
I wish I could remember the team and newspaper but it wasn’t a perennial powerhouse. He wrote about his experience and the fact total strangers gave him a ride to his hotel.
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