Chris Wallace Wallows in CNN Woes
He's angry and acting like a diva - or an NFL wide receiver. Wallace reportedly now suffers from "buyer's remorse" as his new job at the Georgia-based cable news outlet isn't so going so peachy.
I don’t know about you, but I’m enjoying this CNN circus. 🤡🍿
Their new streaming service - CNN+ - is off to an embarrassingly awful start and is already poised to make huge budget cuts.
“Breitbart reported that “Fewer than 10,000 people are using CNN+ on a daily basis two weeks into its existence,” according to people familiar with the matter. Already spending around $300 million on the service, including a “sizable marketing investment” CNN will now have to make cuts that are as yet undecided,” reports The Republic Brief.
Apparently, the new streaming service was a big draw for Chris Wallace’s decision to join the CNN team. The plan was for Wallace to host his own show on CNN+.
Inside sources are letting Journalist Jon Nicosia know about Wallace’s frustrations:
Now that the streaming service is looking bleak - Wallace reportedly is clamoring for Chris Cuomo’s old timeslot on CNN:
CNN had dismal ratings before they started their streaming service - not sure what made them think they would get millions of subscribers - other than ego and delusion?
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Hey Matthew, Chris Wallace is getting old and he is trying to prolong his "glory days" (aka 60 Minutes) while fighting against the reality that age and passe are working against him. I would not bring him on my staff for two reasons: He is demanding far more than his worth can bring to a network; he is not facing reality that producers are not going to provide him with all of the "royal perks" he has been used to for decades. His risk-to-reward ratio is not conducive to hiring him. His antics are proving this to be correct.
Here's an interesting scenario...
Vanguard freezes Musk out; Musk bows out, taking his money and leaving his Twitter shares on the table. Instead, he goes after CNN, uses the same tactics to buy in, then shoots the works to buy the network. The place is in complete shambles now, and the only way is up for them. With a ton of tweaking, Musk could refine the plan he had for Twitter and apply his new strategies to CNN. He could "fix" the damage, increase stock values, then turn the day-to-day operations to people who really want to report the news, not socialist drivel. Then when the time is right, he could "flip" CNN and make a few more billion. Pure speculation.