The media are having a very tough time with President Trump taking over. A prime example is CNN, which is slashing jobs like there is no tomorrow.
According to The Wall Street Journal:
CNN is laying off roughly 200 employees, or about 6% of its workforce, part of a plan Chief Executive Mark Thompson says will shift the cable TV brand’s emphasis toward digital growth and prepare it to launch a streaming service.
Who’s going to subscribe to that? As the guy who is a co-founder of a massive streaming service, DailyWire+, I’m just wondering who is going to be a paid subscriber for CNN’s streaming offering? Who wants to do that?
The Journal continues:
The changes at CNN are part of the organization’s continuing response “to profound and irreversible shifts in the way audiences in America and around the world consume news,” Thompson wrote in a memo to staff Thursday.
Viewership is…