CNN’s Dire Situation: A Plummet in Ratings and Departure of CEO
CNN’s situation seems increasingly bleak as March ratings reveal a massive 61% decline in primetime viewership, dwarfing MSNBC and Fox News’ losses. Struggling to recover, the network’s May numbers sank even further with a 25% year-over-year decrease. On top of this, CNN CEO Chris Licht was ousted after just a year on the job, prompting questions over the network’s future direction and the real reasons behind its failure.
CNN has been hemorrhaging viewers for some time, with recent figures showing the most significant drop among its competitors. In March, CNN’s primetime viewership plummeted by an astonishing 61%, leaving it with only 473,000 viewers, while Fox News and MSNBC fared better at 27% and 12% decreases. This slump continued in May, with CNN garnering a mere 494,000 viewers, marking a 25% plunge from the previous year.
These dire circumstances spell trouble for the network, raising questions over how it can bounce back from such a disastrous situation. However, the announcement of CEO Chris Licht’s removal complicates matters further, shrouding the reasons for the network’s failure in mystery.
Critics have pointed out the recent town hall with President Donald Trump as a potential catalyst for Licht’s dismissal. It is suggested that his handling of the event may have been too much for the network’s
