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Independent media is exploding in growth . Legacy media is over .
Mentor
Idk if I’d be so dramatic. Honestly, it is about time they rolled out a subscription plan, what other significant news org didn’t have a revenue generator like this? They are so late to the game. To be so reliant on ads in 2024 seems a bit crazy. You look at other organization-they have invested in building their subscription communities, rolled out important events for their core topic areas, and built up paid community for experts.
I saw Reuters is adding a pay wall as well. I know digital media outlets have been having a rough year as well. It will be interesting to see what remains in 2025.
People are no longer glued to their TV sets in the living room as in years past. They are mobile and on devices that can easily tune out the noise of boring CNN news. They are irrelevant in today's culture, especially among the 20 to 40-year-olds.
CNN has been losing viewers and money for years and its app was a disaster. Fox News on the other hand is doing very well it’s not the industry it’s the messenger. CNNs website still attracts a lot of readers it would make sense to offer certain articles videos and other information behind a paywall while keeping the rest of its ad-based site free.