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The network is reeling from its recent upheaval.
CNN can’t catch a break. On Sunday, the New York Times published an investigation into the cable news giant’s leadership woes. It’s the second major article prying open CNN’s inner workings this week after the Atlantic published a 15,000-word piece titled “Inside the Meltdown at CNN” on Friday.
The Times‘ article, which it says is based on more than four dozen anonymous interviews with members of the media industry, details how the network’s former president Jeff Zucker has handled his ousting and the following takeover by current leader Chris Licht. Zucker resigned from the network in February 2022, after failing to disclose a relationship with CNN’s former communications chief Allison Gollust. Licht took over in May of that year.
Here’s a bit about what the Times says happened when Zucker and Licht got together for lunch:
The article(s) come at a crucial moment for the network—and media broadly—as it decides how to cover the 2024 election and GOP frontrunner Donald Trump’s tendency to spew falsehoods. CNN’s ratings, the Times reports, “were down more than 30 percent in the first quarter of this year compared with the same point in the 2020 presidential election cycle.” The article also reported that CNN’s news division’s profits, which once exceeded $1 billion, were down to just $750 million last year.
Read the full report here.