4.8 • 1.7K Ratings
🗓️ 25 June 2025
⏱️ 16 minutes
🧾️ Download transcript
Two veteran execs exit as the network braces for deep cost-cutting after corporate spin-off. The panel breaks down CNN’s financial crisis, slumping ratings, declining relevance, why the brand lost trust, and whether CNN can be saved or if it’s destined to be sold for parts.
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0:00.0 | Two CNN executives both struggling. |
0:02.5 | Network has anxiety source over cost cutting after spin-off. |
0:07.1 | Okay. |
0:08.2 | Man, if we were in a different place and we would go pick that brand up and just flip it. |
0:17.0 | Easily. |
0:17.3 | We wouldn't flip it. |
0:19.0 | We would flip it on its head and drive it. |
0:21.6 | Yeah. |
0:22.6 | Okay, Tuesday, Laura Beron Bernardini, Vice President of Domestic News and Jack Smith, Vice President |
0:32.6 | of Digital Video are leaving CNN with Bernadini having served 28 years and spent 17 years per Oliver Darcy |
0:38.4 | status newsletter CNN plans to tighten expense accounts starting July 1st requiring receipts for |
0:45.6 | travel and source meetings amid anxiety over a corporate spinoff from Warner Brothers Discovery, |
0:50.8 | WD and Global Networks led by WBD CFO CFO, GUNner, White and Falls, who told |
0:56.1 | staffers in a memo, I'm a deep admirer of CNN and consumer its content around the clock. |
1:02.5 | CNN staffers expressed unease after the spinoff at one telling Darcy, everyone is wary and tired, |
1:07.9 | and there's so much change that we don't understand what direction the company is going |
1:11.5 | in and another noting there are people who think CNN won't exist at some point hard to believe |
1:16.1 | what will happen but there are people who feel that way Tom thoughts on this how bad is it |
1:20.2 | it's it's very bad and this is just the tip of the iceberg and these are just people that are |
1:24.3 | reacting to the spinoff because the spinoff has said one word profitability we have to operate profitable so reacting to the spinoff because the spinoff has said one word, |
1:27.9 | profitability. |
1:28.7 | We have to operate profitable. |
... |
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