As I write this, Donald Trump is less than 90 minutes away from taking the oath of office, so at the risk of giving decent people a #WinningOverdose, did you know CNN has lost $400 million in revenue in only three years?
We’re gonna need a Narcan for #Winning.
How do we know CNNLOL’s revenue plummeted by $400 million in a mere three years? Well, just when you think this story cannot get any better…
The information became public during a defamation suit against CNN filed by Navy veteran Zachary Young, in which Young triumphed. Last week, a jury found CNN liable for defamation and awarded Young $5 million in damages. The punitive phase of the trial is next, which is why we know the jury-confirmed liars at CNN lost $400 million in revenue over three years.
During the trial, the New York Post reported that “a forensic economist revealed that the ratings-challenged network brought in roughly $2.2 billion in revenue in 2021, $2 billion in revenue in 2022 and $1.8 billion in 2023.”
Additionally, CNN’s net worth was cut nearly in half between 2021 and 2023, “from $4.4 billion in 2021 to $2.3 billion in 2023.”