Posted on 01/22/2025 2:37:14 PM PST by E. Pluribus Unum
Warner Bros. Discovery's CNN plans to lay off hundreds of employees Thursday as it refocuses the business around a global digital audience, according to people familiar with the matter.
The layoffs come as CNN is rearranging its linear TV lineup and building out digital subscription products. The cuts will help CNN lower production costs and consolidate teams, said the people, who spoke on the condition of anonymity to discuss nonpublic changes.
Certain shows that are produced in New York or Washington may move to Atlanta, where production can be done more cheaply, said the people.
For the most part, the job cuts won't affect CNN's most recognizable names, who are under contract, said the people. CNN has about 3,500 employees worldwide.
During a town hall meeting earlier this month, CNN CEO Mark Thompson said the media company has received an investment of "more than $70 million" from Warner Bros. Discovery to help fund the company's digital operations. Part of that investment will go toward hiring employees in areas where CNN sees potential growth avenues, such as data scientists and product development.
In October, CNN launched a digital paywall, charging heavier users of the site $3.99 per month.
NBC News is also planning cuts later this week, according to people familiar with the matter. While the exact number couldn't be determined, the job losses will be well under 50, two of the people said.
Spokespeople for NBC News and CNN declined to comment.
(Excerpt) Read more at cnbc.com ...
$3.99/mo for CNN.
Snicker...
But they were supposed to hire all those fired political hacks from the DOJ, FBI, State, etc. as highly paid political consultants.
Pay for CNN? Heck, I won’t even look at it if it’s free!
Could I help decide which ones?
“But they were supposed to hire all those fired political hacks from the DOJ, FBI, State, etc. as highly paid political consultants.”
*************
The Left always takes care of their soldiers.
CNN started out as news, then the Democrats took it over.
Now it is Schiff and should be shut down.
My god are that many editors?
I’d pay $20 a month to keep CNN, ABC, NBC, CBS, NPR and all the stinkin’ rest of legacy MSM out of my house. The icons, apps, cable channels etc. are filtered out by the TV provider. I know, a fantasy. Seems like a great way to get filthy rich though.
Laying off because nobody watches them. 😆
Does anyone know if CNN is still playing in airports?
I haven’t flown in over 5 years, so I have no idea.
For decades these “news” outlets have served mainly to give illegal political contributions-in-kind to Leftist candidates. The more that’s exposed, the less one needs a “news” room.
Pay to be lied to 🤔 what a concept…
“The layoffs come as CNN is rearranging its linear TV lineup and building out digital subscription products.”
“transitioning” from existing print or broadcast/cablecast to digital subscription has never worked: new digital has to compete with a hundred gazillion already established digital sources, plus income generally drops by many orders of magnitude ... essentially, such “transitioning” is just the next step in the uninterrupted downhill slide to oblivion ...
That’s great! Finally the MSM is getting its due.
“Pay for CNN? Heck, I won’t even look at it if it’s free!”
heck, they couldn’t even PAY me to look at it!
Winning!!!!!!!!!!!!!!
Or should I say Karma?
“Pay to be lied to 🤔 what a concept…”
exactly ... we already get more lies for free than we can possibly absorb as it is now ...
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