November 13, 2024 – Layoffs, liquidation and ratings collapse, the legacy media’s post-election reckoning

In Email/Dossier/Govt Corruption Investigations, Featured Timeline Entries by Katie Weddington

The repercussions of last week’s presidential election is sending shockwaves through a number of legacy media outlets which are now being downsized, put up for sale or retreating from the public square after years of actively agitating against president-elect Donald Trump.

However, presidential politics alone aren’t the only reason for the sudden, pronounced decline in audience.

Corporate media outlets like CNN are laying off hundreds of staffers, including some of their top stars, following poor ratings on election night that saw the network trailing rivals MSNBC and Fox News.

But the blame is being laid at the feet of former viewers who no longer believe what the network is telling them.

Other corporate media platforms, like the Los Angeles Times whose owner just fired the entire editorial board and promised to create a new “fair & balanced” one, are distancing themselves from what has largely been a left-wing echo chamber.

MSNBC, whose hosts have been reliable daily sources of anti-Trump content for years, has seen its ratings tumble by 54% in prime time following Trump’s decisive election victory.

Now there’s talk that Comcast is considering putting MSNBC up for sale.

Even more remarkable is the decision of large mainstream outlets like the Guardian to withdraw from X (formerly Twitter) because their narrative can be challenged in real time via the platform’s Community Notes feature.

There’s a certain irony when when a legacy media outlet chooses to withdraw from one of the least censored social media platforms because it cannot peddle misinformation without being publicly corrected.

(Read more: American Greatness, 11/13/2024) (Archive)