<sarcasm> About time someone pivoted to video. </sarcasm>

On Thu, Jan 23, 2025 at 9:52 AM PGage <[email protected]> wrote:

> When Mark Thompson, who was credited with finally finding a way for the
> NYT to successfully reinvent itself as an internet business, was hired to
> run CNN 18 months ago, word was he was going to similarly reinvent CNN.
> Then pretty much nothing happened.
>
> Now it has.
>
> This morning CNN announced  it was cutting 200 jobs, mostly from linear
> operations, and would be adding about the same to its digital side, about
> 100 over next 6 months. Zaz is investing $70M in a new subscription
> streaming CNN service, and some kind of unspecified subscription
> “Lifestyle” (food, fitness, health travel, etc) service, which was the
> finger print of what Thompson did at NYT.  Of course I don’t watch CNN when
> it’s basically free for me now, so not sure why I would pay to watch some
> kind of “almost CNN” online.
>
> They seem to be very excited about adding hundreds of “vertical videos”
> every day, which I guess are like the videos on I Seagram that they want
> you to scroll through addictively (We got a Goldendoodle puppy 6 months
> ago, so most of my Instagram videos are about dogs, and they do sometimes
> trap me for 15 minutes scrolling thru them). Not sure if that will work
> with Wolf Blitzer.
>
> One consequence of focusing on brief, scrollable news videos for breaking
> news content is actual fact checking has been minimized. As the NYT
> reported:
>
> “getting those videos published has been slowed at times by CNN’s review
> process, known as the Triad, which used to include fact-checking and
> standards and legal vetting….Last year, Mr. Thompson moved fact-checking,
> formerly known as the Row, into a new unit called CNN Fact Check that works
> closer with editors and producers earlier in the story-generation process.”
>
> As Brian Stelter pointed out in his Newsletter this morning on the same
> story, we are now seeing the decade long “reshaping” of linear news turning
> into a “revolution “. NBC and ABC News are expected to announce similar
> changes to their operations soon.
>
>
> https://www.nytimes.com/2025/01/23/business/media/cnn-layoffs-mark-thompson.html?smid=nytcore-ios-share&referringSource=articleShare
>
> https://view.newsletters.cnn.com/messages/1737637981000fd2c87f5e074/raw
>
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