{"id":29981,"date":"2024-08-08T21:36:47","date_gmt":"2024-08-09T01:36:47","guid":{"rendered":"https:\/\/orionscoldfire.com\/?p=29981"},"modified":"2024-08-08T21:36:47","modified_gmt":"2024-08-09T01:36:47","slug":"cnn-parent-companys-accounting-shows-negative-value-for-the-cable-channel","status":"publish","type":"post","link":"https:\/\/orionscoldfire.com\/index.php\/2024\/08\/08\/cnn-parent-companys-accounting-shows-negative-value-for-the-cable-channel\/","title":{"rendered":"CNN Parent Company&#8217;s Accounting Shows Negative Value for the Cable Channel"},"content":{"rendered":"<p><a href=\"https:\/\/www.zerohedge.com\/markets\/cnn-effectively-worthless-after-parent-warner-bros-takes-91-billion-writedown\" target=\"_blank\" rel=\"noopener\">Warner Brothers\/Discovery took a $9.1 billion write-down<\/a> basically to write off the abysmal loss of value in their cable channels for which CNN is the poster child.<\/p>\n<p><strong>&#8220;Warner Bros. has eliminated more than 2,000 positions over the past year and slashed 100 jobs at CNN last month.&#8221;<\/strong><\/p>\n<p>I think they should cut a little deeper. Look at the names of some of the people they haven&#8217;t fired yet:<\/p>\n<ul>\n<li>Jim Acosta<\/li>\n<li>David Axelrod<\/li>\n<li>Christiane Amanpour<\/li>\n<li>Dana Bash<\/li>\n<li>Wolf Blitzer<\/li>\n<li>John Berman<\/li>\n<li>Anderson Cooper<\/li>\n<li>Chris Wallace<\/li>\n<li>Jake Tapper<\/li>\n<li>John King<\/li>\n<li>Van Jones<\/li>\n<\/ul>\n<p>Some of these people are making eight figure salaries.\u00a0 But what value do you get from Anderson Cooper, David Axelrod or Van Jones?\u00a0 And why would anyone pay Jim Acosta anything?\u00a0 And who knew that Wolf Blitzer was even still alive?<\/p>\n<p>They should probably keep the guy who sprays the roaches and cleans the toilets but that&#8217;s about it.\u00a0 No one else is providing value.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Warner Brothers\/Discovery took a $9.1 billion write-down basically to write off the abysmal loss of value in their cable channels for which CNN is the<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mi_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[5],"tags":[2042,139],"class_list":["post-29981","post","type-post","status-publish","format-standard","hentry","category-current-events","tag-cnn","tag-fake-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.4 - 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