It appears that people aren't buying into the nonsense at CNN and NBC news anymore.
CNN and NBC News to lay off employees, CNBC reports
Jan 22 (Reuters) - CNN, a unit of Warner Bros Discovery (WBD.O), opens new tab, plans to lay off hundreds of employees on Thursday, as it refocuses the business around a global digital audience, CNBC reported on Wednesday, citing people familiar with the matter.
The job cuts come as CNN looks to rearrange its linear TV lineup and build out digital subscription products, CNBC said, adding that the move will help CNN lower production costs and consolidate teams.
Some shows produced in New York or Washington may move to Atlanta, where production can be done more cheaply, the report added.
NBC News, owned by Comcast (CMCSA.O), opens new tab, is also planning job cuts later this week, according to the report. While there is no exact number, the layoffs will be well under 50.
Comcast and Warner Bros Discovery did not immediately respond to Reuters requests for comment on the report.
The Washington Post, owned by Amazon.com (AMZN.O), opens new tab founder Jeff Bezos, said earlier this month it would lay off about 4% of its workforce or less than 100 employees in a bid to cut costs, as the storied newspaper grapples with growing losses.
In November, the Associated Press said it would cut about 8% of its workforce as it looks to modernize its operations and products.
https://www.reuters.com/business/media- … 025-01-22/
MEANWHILE PEOPLE ARE FLOCKING TO FOXNEWS
Nielsen live plus same-day data for the week of Jan. 13 saw FNC average 2.994 million total viewers and 363,000 A25-54 viewers during primetime. The network was up in total viewers by +18% and +20% in the A25-54 demo relative to the week prior.
Fox News also averaged 1.991 million total viewers and 236,000 A25-54 viewers in total day viewing for week-to-week gains of +11% in the former category and +4% in the latter.
Among all basic cable networks, Fox News rose to first place in total primetime viewers and finished as the No. 2 position in the primetime demo. In total day, it remained No. 1 in total viewers and took second in the demo.
MSNBC’s primetime lineup averaged 758,000 total viewers and 64,000 viewers in the A25-54 demo for week-to-week gains of +5% and +16%, respectively.
During total day, MSNBC averaged 523,000 total viewers and 46,000 A25-54 viewers. It was down in total viewers by -3% but up +12% in the demo compared to previous week.
Among all basic cable networks, MSNBC remained in third place in total primetime viewers and moved from No. 31 to No. 28 in the primetime demo tied with the Paramount Network. During total day, MSNBC remained third in total viewers and went from No. 27 to No. 22 in the demo.
CNN averaged 448,000 total primetime viewers and 93,000 A25-54 viewers in the demo for week-to-week declines of -11% and -15%, respectively.
In total day, the network saw 379,000 total viewers and 66,000 viewers in the demo for respective drops of -17% and -18% relative to the week prior.
On the basic cable charts, CNN fell from seventh to 13th place among total primetime viewers, but moved up two spots to the No. 10 position in the primetime demo. During total day, it remained fourth with total viewers and fell from sixth to 10th place in the demo.
When looking at these networks’ performance during the same period a year ago (the week of Jan. 15):
During primetime, Fox News was up by +43% in total viewers and +52% in the A25-54 demo. During total day, the network saw gains of +50% in total viewers and +48% in the demo.
MSNBC was down by -30% in total viewers and -38% in the demo. During total day, the network was down -30% in total viewers and -39% in the demo.
CNN, in primetime, fell by -17% in total viewers and -24% in the demo. During total day, CNN was down by -13% in total viewers and -20% in the demo.
https://www.adweek.com/tvnewser/week-of … s-ratings/
