The business model for the Pravda Media has consisted of “Keep lying to the American people about Donald Trump and everything else,” and it turns out that this only works in the short term.
Eventually people figure it out and look for other ways to keep informed about the state of the world.
ABC News to lay off dozens, merge ‘Good Morning America’ and ‘GMA3,’ ax ‘538’ data site https://t.co/Ix0exsPMW5 pic.twitter.com/dPG4TNn34M
— New York Post (@nypost) March 5, 2025
CNN, MSNBC, The Washington Post, and “news” outlets nationwide are seeing their viewership, readership, and clicks fall through the floor as the independent media sphere keeps growing in prominence and profitability.
CNBC reports today that CNN will be laying off “hundreds” of its 3,500 employees later this week, as the network struggles to make money following the 2024…