Many of its competitors also lose value. Is this another warning about a coming recession? CNN+ loses their financing after fewer subscribers sign up than expected, much fewer.
Thomas Sowell: There are no solutions, just trade-offs.
CNN Plus cost 300 million in just a few months of spending and are giving nine month severance packages for their employees. Some will have the option to re-join CNN. Maybe Elon should buy CNN too. Probably get it at a discount.
Thomas Sowell: There are no solutions, just trade-offs.
None of this is surprising at all. CNN is just a disinformation arm of the DNC that has obsessed over Trump for the last 5 years... they don't really provide much in the way of news that normal people without TDS want to hear. As soon as Trump was out of office their ratings went right into the shitter. Whoever the dumbass was that thought CNN+ was a good idea must have been on crack and didn't pay any attention to their already horrible ratings.
Netflix has a lot of competition but also decided to go woke so they deserve to go broke, along with Disney. Normal non-brainwashed people are finally waking up and starting to push back against all these woke corps that decided to cater to the tiny minority of leftist lunatics.
The left is angry because they are now being judged by the content of their character and not by the color of their skin.
