The public doesn’t want to pay for the corporate media bullshit.
CNN+, the highly touted streaming service that was supposed to take the news company into the future, slumped into CNN- after just a month in operation and a massive $350 million investment by the company.
The idea of CNN+ was hatched while Jeff Zucker was at the helm at CNN and Jason Kilar was leading WarnerMedia. The idea was to come up with an alternative to its free website and cable news channel.
Millions of homes cancel their cable subscriptions each year and eventually, CNN+ was intended to be the landing spot for viewers, CNBC reported.
Warner Bros. Discovery’s David Zaslav decided to pull the plug shortly after the network, which was previously under AT&T, was taken over by its new corporate parents.
The Trends Journal has reported on the recent upheaval at the network stemming from the firing of Chris Cuomo and the resignation of Zucker in February. (See “CNN CLOWN SHOW EXPOSES MEDIA’S POLITICAL TIES” and “PRESSTITUTES AND POLITICIANS PLAY FOR THE SAME TEAM. WAKE UP KIDDIES.”)
J.B. Perrette, the head of Discovery’s streaming services, appeared to be down on the streaming service during a company meeting and said, “It’s a little bit like The New York Times subscription without the New York Times.”
TRENDPOST: The downfall of CNN+ led to the media whores from the opposite side of the political spectrum poke fun at the company for being too “woke,” and took easy shots at Presstitutes that worked for the streaming service like Mike Wallace’s son Chris “Born on Third Base” Wallace.
The New York Times reported that CNN pulled the stops and spent millions to promote the service, but at any given time, fewer than 10,000 people were watching the service. One insider told the paper that CNN+ had secured 150,000 paying subscribers in its first two weeks and “was on target to hit its first-year goals.”
Chris Licht, the CNN chief executive, said in a staff meeting last week that he understood that there will be repercussions with personnel and potential employees, The Associated Press reported.
“We have to own the erosion of trust and build it back,” he said.
TRENDPOST: CNN’s theory years ago that millions of Americans are cutting their cable cords to save on money was prescient. The Motley Fool, citing Leichtman Research Group, said about 4.7 million U.S. households canceled their cable service in 2021, which is about the same as the 2020 numbers.
CNN knows that the traditional way to deliver news will flame out now that the public has an almost unlimited selection of news sources to choose from.
But it was interesting to see how the CNN+ failure was absorbed by others in the media.
Presstitutes who reported on the CNN+ demise kept repeating the line that the streaming service managed to hire some of the biggest names in news. But everyone knows that there are no big names in television news, and all the little corporate Presstitutes can be replaced tomorrow.
Just look at where the biggest anchors and reporters have landed after their own demise.
TREND FORECAST: The time is now for a true print and broadcast media that only sells hard facts, data and truth as does the Trends Journal… rather than being so lame and egotistical to sell their agendas and belief systems as does the corporate media.
The need for this is critically urgent at a time when the general public must be well informed so the population may rise to higher levels… rather than propagandized by those heading the world into mass destruction of body, mind and spirit.