XPost: alt.crime, alt.politics.democrats, alt.news-media   
   XPost: misc.survivalism   
   From: hunterbiden@gmail.com   
      
   The media giant CNN has filed for bankruptcy as of April 1,   
   2021. Many analysts have pinned the bankruptcy on the Trump   
   Administration’s loss and the introduction of a relatively   
   charismatic president. CNN’s parent company, AT&T, suffered a   
   fatal blow as a result of the news.   
      
   CNN announced the news after consistently losing viewership on   
   both their broadcast channel and website. The losses from its   
   two main sources resulted in its bankruptcy. According to a Pew   
   Research study, “CNN lost 85 percent of its broadcast viewership   
   as well as 78 percent of its web viewers after Nov 11.”   
      
   Executives at the company attempted to combat the declining   
   viewership through numerous strategies, but they were unable to   
   bring back viewership to its original numbers. CNN’s own   
   analysts attempted to wrangle with the issue, but attempts   
   proved to be futile.   
      
   “We tried to take a 360 degree view around us and tried a   
   variety of strategies, ranging from publishing positive stories   
   to publishing more negative ones than others, but we ended right   
   back where we were,” Anderson Cooper, host of Anderson Cooper   
   360 said.   
      
   Many employees credited the bankruptcy to difficulty with   
   procuring media content regarding the presidency.   
      
   “It became very hard to find good Trump quotes after the   
   election, and there’s obviously nothing wrong with Biden, so   
   this transfer of power really hurt our newspaper,” Barry Jones,   
   an opinion columnist for the newspaper, said.   
      
   CNN did attempt to reach out to the U.S. government in the hopes   
   of getting a bailout so that they would be able to keep their   
   employees working until after the pandemic. However at the time   
   the Trump Administration dismissed it as “fake news.”   
      
   Investors were disappointed with the newspaper, and, following   
   the results of the election, sold much of their holdings in the   
   company, resulting in the stock’s meltdown.   
      
   “I just didn’t feel that CNN had much left to give,” Ronald   
   Biggums, an investor for Bank of America, said. “I took a look   
   at the front page showing the smiling face of Joe Biden as   
   compared to Trump’s frown just made me lose all hope.”   
      
   CNN had to lay off their staff, which consisted of around 4,000   
   employees worldwide. Notable employees included Cooper and Dr.   
   Gupta who were a large part of CNN’s broadcast team.   
      
   “I’ve covered plenty of breaking headlines during my time at   
   CNN; however this situation really caught me off guard,” Wolf   
   Blitzer, one of CNN’s key anchors, said. “My heart goes out to   
   the employees who lost their jobs due to this situation.”   
      
   Ultimately CNN was dealt a fatal blow, but its writing style and   
   stories will continue to inspire. The editors at CNN left one   
   final Tweet to mark the end of four decades of journalism.   
      
   “Everything was clearly RIGGED against us,” CNN said. “The other   
   big newspapers all had a CONSPIRACY brewing to take us out of   
   business. Even our very own super skilled reporters said so.   
   This is a DISGRACE for the journalism industry. SHAME.”   
      
   https://www.statesmanshs.org/5283/sloth/cnn-goes-bankrupt/   
        
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)