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Reply to "New boss at CNN attempts to moderate the network"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous] CNN only survived so long because of Trump. The NYT would have gone next had it not reinvented itself as a source of crosswords, recipes and games.[/quote] NYT readership has gone up over the last five years substantially. It's not because of crosswords.[/quote] It's partly because of crosswords. NYT has been smart about diversifying what it provides to readers and subscribers. https://www.poynter.org/business-work/2022/news-alone-is-no-longer-the-driver-of-new-york-times-subscription-growth/[/quote] Exactly. "the Times is heavily pushing what it calls internally “the bundle.” That is an all-access product that also includes Games and Cooking verticals, audio, the Wirecutter product information site and now The Athletic, which the Times purchased for $550 million in January." It is an information/ entertainment platform, not a newspaper. CNN didn't want or couldn't evolve that way. I guess they could have hired Oprah and Dr. Phil to host some prime-time programs. [/quote] The point is that it's both - it is a newspaper, and it has recipes and games. CNN has been putting out entertainment shows, too. That Italy show with Stanley Tucci, just for one. I think cable is sort of a losing prospect right now, is the thing. I guess just like they figured out how to turn NYT around, the right person with the right brain could probably figure that out for CNN, too. [/quote] Well, it is questionable what it is/ what it is becoming, other than a profitable media conglomerate. From the great article that you (I assume) shared: "The shifting pattern of growth raises the question of whether the Times can still be described as a news company. Investor information service Zacks characterized it in an earnings preview story Tuesday as a “diversified media conglomerate.” In his inaugural column for Semafor October 18, co-founder Ben Smith (with some hyperbole) wrote that the Times is experiencing “an identity crisis.” He asked, is it morphing from “a news company expanding into tech products” to “a tech company with an ancillary news product?” Might be a harder trick for CNN to tweak things that way given its core brand.[/quote]
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