Commentary: CNN and the Future of ‘Fake News’

CNN is dying. Its president, Jeff Zucker, was just fired. (Or, rather, he “resigned.”) The network’s viewership is plummeting, and fewer than 500,000 people on average tuned in last month. Advertisers don’t send their dollars there much anymore, and the “stars” the network once had either have been removed for cause or caught up in sex or other scandals.

Chris “Fredo” Cuomo threatened to burn the place down after getting fired last year. Why does the parent company—AT&T, a telephone megacompany—put up with it? CNN is a drag on the parent company’s earnings, a thorn in its side, and a hit on its reputation. Wouldn’t a rational actor cancel the network altogether or sell it off and be done with it? With $150 billion in debt, no wonder AT&T decided to sell the ailing network to the Discovery Network. AT&T will no doubt benefit from getting out of politics.

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CNN President Zucker Resigns, Citing Undisclosed Relationship with Senior Executive, Reports

CNN Worldwide president Jeff Zucker has resigned from the company due to an undisclosed relationship with his “closest colleague.”

In a memo to employees, Zucker wrote, “As part of the investigation into Chris Cuomo’s tenure at CNN, I was asked about a consensual relationship with my closest colleague, someone I have worked with for more than 20 years. I acknowledged the relationship evolved in recent years. I was required to disclose it when it began but I didn’t. I was wrong. As a result, I am resigning today.”

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CNN’s Zucker: Running for Political Office is ‘Something I Would Consider’

CNN president Jeff Zucker made news Monday hinting he would consider running for office in a five-year timeframe. The comments came at the end of an hour-long, wide-ranging interview by former Obama campaign manager David Axelrod on his CNN-hosted podcast, “The Axe Files.” “Look, I still harbor somewhere in my gut that I am interested in politics,” Zucker said. “… it would be something I would consider.” The 53-year-old veteran television executive has gone on the record several times over the years with his interest in political office – going so far as pondering a bid for the New York’s Mayor’s office in 2015 in an interview with AdWeek, FoxNews reported. For the moment, however, those aspirations seem to be on hold as he grapples with the sinking ratings of the former leader in cable television news, CNN. Here is a transcript of the exchange between Zucker and Axelrod, made at 1:06:24 in the podcast: ZUCKER: And with regard with where I’ll be in five years… umm… AXELROD: You had a chance to leave to potentially take over at ESPN – which, you’re a big sports guy. The timing wasn’t right for you, but– ZUCKER: Well to be clear, I…

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