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CNN Fires CEO Chris Licht in Major Shakeup
NewsMax ^ | June 7, 2023 | Staff

Posted on 06/07/2023 6:42:13 AM PDT by Red Badger

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To: enumerated

CNN, FOX NEWS, all the MSM are doomed.

Everything is going to Streaming.

Comcast/Xfinity are soon going to be offering a streaming option. That is because they have lost such a huge amount of customers in the last few years. Even a 60 year old person like ME dropped cable TV a year ago. No youngsters have cable.

Broadcast TV and Cable TV are going the way of the landline telephone. A thing of the past in most places.


41 posted on 06/07/2023 7:35:46 AM PDT by woodbutcher1963
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To: Red Badger

They need reality programming—circular firing squads of staff until only one remains!


42 posted on 06/07/2023 7:41:00 AM PDT by cgbg (Claiming that laws and regs that limit “hate speech” stop freedom of speech is “hate speech”.)
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To: Dilbert San Diego

Maybe they can do different things like simply reporting the news instead of advocating for the Democrat/Marxist Party 24/7. That would be refreshing. Of course, that would also never happen. But they would gain viewers.


43 posted on 06/07/2023 7:44:04 AM PDT by Deo volente ("When we see the image of a baby in the womb, we glimpse the majesty of God's creation." Pres. Trump)
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To: Red Badger

So... Pfizer decided they wanted someone else running their propaganda arm at CNN...


44 posted on 06/07/2023 7:45:41 AM PDT by T.B. Yoits
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To: Red Badger

CNN tried to right the boat by hiring someone more interested in the news that left wing propaganda. Giving the real news to Employees who are left wing nuts to give to viewers, all of whom are left, are left wing nuts.

Formula didn’t work. CNN now has only Left wing nuts, and will be unable to attract viewers who are interested in a ‘trusted news source’ because they destroyed that years ago. They should have fired the complaining ‘talking heads’ and gone full on with an attempt to restore CNN to a trusted news site. I guess they have given up on the Transition.


45 posted on 06/07/2023 7:46:12 AM PDT by Pete Dovgan
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To: Red Badger

Semi-related story from a WBD stock perspective.

Warner Bros. Discovery Inc. (NASDAQ: WBD) stock has fallen 24% in the past three months. The move has tarnished the reputation of CEO David Zaslav, who was once considered the media industry’s best chief executive officer. His attempt to improve the performance of the debt-burdened company has been undercut by problems at CNN and worry that the new streaming service Max has too much competition to be successful.

While the worries about Max are about its future, the CNN problem is in the present. It posted deteriorating ratings and a drop in profitability to $750 million last year, compared to a string of years in which it made over $1 billion. CNN CEO’s efforts to improve the network have been criticized as digging a hole compared to rivals MSNBC and Fox News.

https://247wallst.com/media/2023/06/05/warner-bros-discovery-stock-collapses/


46 posted on 06/07/2023 7:51:56 AM PDT by plain talk
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To: plain talk

Apparently they like being in a hole...............


47 posted on 06/07/2023 7:53:33 AM PDT by Red Badger (Homeless veterans camp in the streets while illegal aliens are put up in hotels.....................)
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To: Red Badger
Apparently they like being in a hole...

Who, Anderson Pooper?

48 posted on 06/07/2023 7:55:49 AM PDT by 1Old Pro
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To: plain talk

The review team: Amy Entelis, Eric Shering, David Leavy, three deracinated and ultra-liberal Jews, and Virginia Mosely (vet media person, married ultra-Democrat T.K. Nides, but kept her name). Is there any doubt the leaning of the next CNN boss?


49 posted on 06/07/2023 8:06:40 AM PDT by Bookshelf (arr )
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To: Red Badger

Will anybody notice CNN is like and ant farm or communism if one dies the rest keep on working.


50 posted on 06/07/2023 8:29:42 AM PDT by Vaduz (....)
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To: plain talk
"The move has tarnished the reputation of CEO David Zaslav, who was once considered the media industry’s best chief executive officer."

The execs will have no choice but to be dragged to the center kicking and screaming. He is a leftist making decisions based on his heart and not his head when the silent majority is to the right of center.

51 posted on 06/07/2023 8:35:30 AM PDT by Hatteras
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To: woodbutcher1963

Right. We’re 71 and we are done with cable.

I still think the Left largely controls public opinion by cultivating the narrative that anti-establishment voices are nutcases. Conspiracy kooks.

This message is sold by every teacher, every movie, every TV show - social media…

Somehow we have to break the spell and get people to be suspicious of those in power - skepticism is a good thing but the truth is so awful people would rather be deaf dumb and blind.


52 posted on 06/07/2023 8:43:03 AM PDT by enumerated ( )
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To: 1Old Pro
I guess they didn’t want him to move the network to the middle and focus on truth over propaganda.

Yep, he was trying to get back to the old CNN that actually reported news instead of propaganda.

53 posted on 06/07/2023 9:19:30 AM PDT by TangoLimaSierra (⭐⭐To the Left, The Truth is Right Wing Violence⭐⭐)
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To: dennisw
The Murdoch family will sell Fox New after the 2024 election. Old man Murdoch will be gone soon, and all his children want to be able to cash out for the multi-billion dollar inheritances.

The Murdoch family already sold all they could of FOX to ABC/Disney in 2019 for $71.3B.

ABC already had ABC News and didn't want FOX News while Disney already owned ESPN and didn't want FOX Sports, not that ABC/Disney could buy them anyway due to antitrust regulations.

FOX News in particular is an orphan that no one wants. The Propaganda Media already have their own failing broadcasts and television, both cable and over-the-air, is a dinosaur.

54 posted on 06/07/2023 9:28:32 AM PDT by T.B. Yoits
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To: Red Badger

The left (democrats, socialists, communists, marxists, etc.) are the dung beetles of humanity. The worse they make things, the more they embrace them. When they gain control of anything, they would rather see it destroyed than to lose control which is the usual outcome for whomever and or whatever is afflicted with them.


55 posted on 06/07/2023 9:30:18 AM PDT by Rlsau1
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To: cotton1706
That Trump townhall really got them, haha.

Yes, it did. Best ratings in a very long time didn't help because CNN's remaining base viewers are a dwindling but very noisy cult.

56 posted on 06/07/2023 9:34:24 AM PDT by Billthedrill
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To: euram

“One thing for sure, he’ll be replaced by someone who won’t make any real difference, meet the new boss same as the old boss.”

They haven’t caught on yet that TV is history. Streaming Talk and News has taken over. TV News is falling off a cliff and nothing or no one can stop it.


57 posted on 06/07/2023 2:09:50 PM PDT by devane617 (Discipline Is Reliable, Motivation Is Fleeting..)
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To: devane617

CNN Chairman and CEO Chris Licht is stepping down, parent company Warner Bros. Discovery said on Wednesday.

In his 13-month tenure, Licht vowed to institute down-the-middle coverage but faced backlash over decisions such as a recent town hall event with former President Donald Trump.

https://abcnews.go.com/Business/cnn-chairman-ceo-steps-downchris-licht/story?id=99897073


58 posted on 06/07/2023 3:23:47 PM PDT by Texan4Life
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