https://noqreport.com/2022/04/12/cnn-streaming-service-that-hired-chris-wallace-facing-big-cuts-after-disastrous-start/

CNN’s new streaming service is facing major cuts after a disastrous start that fell far below projections.

Chris Wallace left Fox News for a new job hosting on the platform, CNN+.

After being poached by disgraced former network boss Jeff Zucker, Wallace celebrated his move to, what he thought, was a stable and well-funded new streaming service from CNN.

But it has been a total disaster plagued by low subscription rates and shows that viewers are not interested in.

And now it appears as though the new bosses at CNN have had enough.

According to a new report from Axios, they will make dramatic cuts in investment and projections for the new streaming service as they try to figure out what to do with the failed project.CNN was planning to drop around $1 billion to get the streaming service up and running.Now they will only spend a fraction of that which means cuts across the board, including shows with “stars” like Wallace.Axios reports : “Investment and projections for CNN+ are expected to be cut dramatically in response to a low adoption rate, two sources tell Axios.“By the numbers: The news giant was initially planning to invest around $1 billion in the service over the […]



One Sick Day Proves We Need More Voices in Truthful Media

On October 19, I was sick. It crossed my mind that I had finally gotten the ‘rona, but my wife’s cream of chicken soup and a few extra hours of sleep into mid-afternoon had be back up and running after a sleepless night before.

When I finally stumbled over to my computer in the evening, I was met with a deluge of concern from readers. They asked what had happened as only one article had been posted that day. Generally, we post between 10-20 daily between all of the sites, not included curated and aggregated content. Seeing that we’d only posted my super-early morning article before taking the rest of the day off had readers assuming the worst.

We have a wonderful and talented group of writers who volunteer their time for the sites and their readers. Sharing their amazing perspectives has always been a blessing to us because we cannot afford to hire anyone at this time. But having great writers is meaningless if we don’t have great editors, or at least one additional. My wife helps me read and edit stories from time to time, but I’m a one-man show when it comes to getting the stories posted.

Whenever I highlight our desperate need for donations, I note that we do not receive money from Google ads even though most in conservative media are beholden. I often ambiguously note that the money donated will help us grow. Today, I’m highlighting a specific need. We must get an editor to help take some of the load and to expand on our mission of spreading the truth to the world. One sick day proved that.

The great news is that there is no shortage of people who CAN help. I am emailed variations of resumes every week by people who are much smarter than I am. As much as I’d love to hire some of them, we simply cannot. That takes money and as blessed as we’ve been to receive donations and collect ad money (though not from Google or Facebook), we have still fallen short.

Those who have the means, PLEASE consider donating. We have the standard Giving Fuel option and people can donate through PayPal. We are also diving into what we believe is extremely disruptive technology at LetsGo.finance, the world’s first major donation portal for crypto. I’ll be talking a lot more about them in the near future. Those who prefer Bitcoin can send to my address here: 3A1ELVhGgrwrypwTJhPwnaTVGmuqyQrMB8

We can get the voices out there and we’re willing to shine a spotlight on new talent. We just need the resources to make it happen. If you can help, we would be extremely grateful.

Thank you and God bless!

JD Rucker


All ORIGINAL content on this site is © 2021 NOQ Report. All REPUBLISHED content has received direct or implied permission for reproduction.

With that said, our content may be reproduced and distributed as long as it has a link to the original source and the author is credited prominently. We don’t mind you using our content as long as you help out by giving us credit with a prominent link. If you feel like giving us a tip for the content, we will not object!

JD Rucker – EIC
@jdrucker


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