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Corporate media is in crisis. No other way to spend it, okay? MSNBC, CNN, their ratings have reportedly been slashed in half, collapsing to their lowest levels in nearly 30 years.

Let's talk about MSNBC first.

Their prime time audience has taken a staggering 53% hit, dropping from 1.34 million viewers before the election to just 632,000. That's

according to the latest Nielsen reporting, the latest reporting from the media. CNN hasn't

fared any better. The reporting showing that they have lost 47 percent of its prime time viewers,

down to 398,000. On some nights, the Nielsen ratings

are showing that these networks aren't just losing to Fox News. They are losing two channels

like the Food Network, the Hallmark Channel, Bravo, right, home of the housewives.

Viewers are tuning in to the real housewives of Potomac, Atlanta, Beverly Hills.

More often than they're tuning into CNN's reporting on the news of the day.

And that's sad because there's big international news happening and CNN is the best.

What is behind this?

Well, there are a few things. But first and foremost, corporate media is in the midst of a

credibility crisis. And perhaps it is because of situations like this. Watch.

ABC News and George Stephanophilus have reached a settlement with President-elect Trump in his defamation lawsuit.

The network agrees to pay $15 million as a charitable contribution to Trump's presidential

library. ABC and Stephanopoulos will also issue statements of regret as an editor's note to the March

2024 article and television segment that prompted Trump to file the lawsuit earlier this year.

Trump sued Stephanopoulos after he asserted in an interview that Trump was found, quote, liable for rape in a civil case despite the fact that a jury actually determined Trump

was liable for, quote, sexual abuse, which has a distinct definition under New York law.

...