Oliver Darcy criticized CNN's leadership for a sluggish transition to digital media and for softening coverage of Donald Trump. He expressed concerns about CNN's declining viewership, which has dropped by 13%. Darcy noted that both CNN and MSNBC are struggling with an outdated business model in a changing media environment. He pinpointed flaws in CNN's subscription model, highlighting a lack of compelling content and urgency, which he believes are hindering the network's ability to attract paying consumers. He emphasized the need for more significant progress under CEO Mark Thompson.
Both CNN and MSNBC face a challenging future with a business model that is rapidly crumbling. They have yet to fill the gaps in their digital evolution.
CNN's subscription model lacks compelling features and urgency, making it hard to persuade consumers to pay for digital content in its current form.
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