![]() ![]() We'll also be quite transparent and level-headed with you about this. There is no wiggle room, we've already cut everything we can, and we urgently need more readers to pitch in-especially from this specific blurb you're reading right now. We have a considerable $390,000 gap in our online fundraising budget that we have to close by June 30. 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.īy signing up, you agree to our privacy policy and terms of use, and to receive messages from Mother Jones and our partners. 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. “This is all very sad for Jeff,” said Kenneth Lerer, the co-founder of HuffPost and former chairman of BuzzFeed. ![]() ![]() Licht didn’t take any of his pointers, said a person familiar with his feelings following the meal. But afterward, the former CNN president griped that Mr. The get-together didn’t kindle much bonhomie between the media executives, who had been friendly in the clubby world of TV news. Licht’s leadership of CNN, according to people who have spoken with him, and the two men hadn’t met since Mr. Zucker had been privately critical of Mr. Zucker’s house on Amagansett’s tony Hedges Lane would clear the air. The organizers of that meeting - industry confederates who know both men - hoped that a lunch at Mr. Months after he left CNN in February 2022, Mr. ![]()
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