EPIC FAIL: CNN Misses Revenue Targets by $100+ Million

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Over the last four years President Trump has exposed CNN for the dishonest political hacks that they are. And when Trump is re-elected on November 3rd, fake-news CNN will lose what little is left of their credibility.

CNN Misses Revenue Targets by $100+ Million

By Bongino, October 25, 2020

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CNN President Jeff Zucker survived loads of company intrigue since telecom big AT&T swallowed up the cable community’s mum or dad firm two years in the past.

Now that’s altering, leaving Mr. Zucker pissed off and his future on the cable information community unsure.

The 55-year-old’s contract expires subsequent 12 months and he hasn’t dedicated to extending his deal in conferences with WarnerMedia brass and communications with CNN workers, the individuals say.

Mr. Zucker additionally positioned massive bets on digital development, a few of which blossomed—the

community’s fundamental web site expanded its viewers—and a few that fell flat.

AT&T doesn’t get away CNN’s outcomes individually. An individual aware of the matter stated the division has generated greater than $1 billion in annual revenue in recent times. This 12 months is proving more difficult. In the course of the city corridor assembly, Mr. Zucker stated he expects CNN to overlook its revenue goal by between 

$100 million and $120 million, as digital and worldwide promoting gross sales undergo in the course of the pandemic.

CNN has been among those suffering the worst from Trump Derangement Syndrome in the Trump-era, which has led to a number of notable blunders in their reporting.

  • Ten days before Trump’s inauguration CNN pushed the now-heavily-discredited Steele Dossier, discussing the non-existent “pee tapes” 77 times in under a week.
  • In June of 2017 they reported that Anthony “10 day” Scaramucci was involved in a Russian hedge fund under Senate investigation. The story was completley false and three reporters who published it left the network.
  • In December of 2017 CNN published a story claiming Trump’s campaign received an e-mail from WikiLeaks with a “decryption key and website address for hacked WikiLeaks documents.” CNN reported on this on-air with the chyron “Emails Reveal Effort to Give Trump Campaign Wikileaks Documents.” As it would turn out, the e-mail went out in September 14, 2016, which is after that WikiLeaks information was available to anyone. CNN issued a correction but no one stepped down this time as their standards continue to deteriorate.
  • In July 2018 CNN dropped the “exclusive bombshell” that Michael Cohen would tell federal investigations that President Trump knew of the infamous Trump Tower meeting before it took place. Michael Cohen would never do this, and the source of the claim was Cohen’s Clinton-loyalist lawyer.
  • In February of this year, CNN reported that President Trump called the coronavirus a hoax, when in reality he was saying that the media pretending he wasn’t taking the virus seriously was the hoax. CNN was happy to deliberately quote him out of context and prove his point here, it seems.

     

That’s just to name a handful of examples – but with reporting like that, it’s no question why CNN is having trouble hitting their revenue targets.

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DemocracyRules
DemocracyRules
3 years ago
Reply to  BanLiberals

Breaking: DemocracyRules to Buy CNN
Will rename it “Geller TV”
Offer price = $1, all debts dissolved, all staff fired.

Michael Goldman
Michael Goldman
3 years ago
Reply to  DemocracyRules

Do it. Best of luck.

MuhamMUDTheFakeProphet
MuhamMUDTheFakeProphet
3 years ago

Yes even I’d fund DR’s efforts here.

Anthony Silvio
Anthony Silvio
3 years ago

I guess the constant lying and spinning of so-called ‘NEWS’ has turned-off viewers.
Record Ratings and Record Chaos on Cable News
https://www.nytimes.com/2020/05/31/business/media/cable-news-fox-msnbc-cnn.htmlcomment image

Bill
Bill
3 years ago
Reply to  Anthony Silvio

Those affected networks won’t have learned their lesson. They’ll just blame something else why they lost their jobs…..Trump did it!!!….No idiots, you did it when you put out fake news.

Anthony Silvio
Anthony Silvio
3 years ago

comment image

Mike Moss
Mike Moss
3 years ago

Enemedia is that a prolonged enema for CNN “journalists

Michael Goldman
Michael Goldman
3 years ago

Will Zucker be on his way out? Mini Mike might bail them out. He is throwing money all over the place. Amazing that advertisers have finally said ENOUGH and are no longer advertising there. Will people be fired?

Bill
Bill
3 years ago

I’m PO’d that I can’t find a TV provider that doesn’t let you NOT get CNN.

Michael Goldman
Michael Goldman
3 years ago
Reply to  Bill

When I renewed my cable deal in July 2019, they were telling me what channels would cost more if I added them to my package besides movie channels. I asked them what I could save by removing CNBC, MSNBC and CNN. They said Nothing. They are part of even the lowest TV package. Hopefully, that will be different if I get a new TV package in July, 2021. As of right now, I’m not looking to renew my TV package unless the added cost to my Internet and Phone package is very minimal. If the President doesn’t win, I could get rabbit ears.

France-HP-a-ciel-ouvert
France-HP-a-ciel-ouvert
3 years ago

Will Communism-Not-News finally understand that Communism causes poverty and famine? No, of course not, they’re Communists!

Thistle
Thistle
3 years ago

Never could stand to watch CNN However, in Canada it is much worse. CBC, CTV and to some extent Global take their news feed from CNN, and we don’t have FOX to counteract . It is difficult getting honest reporting in Canada. I pay extra to get FOX.

sodacrackers2
sodacrackers2
3 years ago
Reply to  Thistle

Fox is following in CNN’s footsteps.

Michael Goldman
Michael Goldman
3 years ago
Reply to  Thistle

CNN(if Beezos doesn’t buy them) could be in for a heck of a shakeup. The FOXNEWS/Business news/FS1 group is not happy with what happened in the last month with Wallace and how they treated Newt. They could decide this little 2 year disastrous experiment needs to end and might tell the older Murdoch son and Ryan to clean up their act or get out. Let’s hope they do.

Michael Garfinkel
Michael Garfinkel
3 years ago

To name a few other reasons that come to mind – there’s the Cuomo clown, the turgid and smug “gay caballeros,” Anderson Cooper and Don Lemon, and the insufferable Wolf Blitzer.

And more – much much more.

mtman2
mtman2
3 years ago

“Awh play a sad song on the worlds smallest violin”

Laddyboy
Laddyboy
3 years ago

The Communist News Network? NOPE!!! I NEVER watch it!!! In Fact, as a LEGAL LAW ABIDING AMERICAN CITIZEN, I REFUSE to lower myself into the GOSSIPING GUTTER!!!

L-Dan
L-Dan
3 years ago

You forgot M. Avenatti (creepy porn lawyer), the man who was going to get Trump impeached, maybe even run for president himself. He was on CNN every night for weeks. He was like a god, they worshipped him.

World@70
World@70
3 years ago

And every time CNN would announce one of these fake breaking news stories Joy Behar and Whoopi Goldberg would have a celebration on The View.

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