Meghla
@rafat883
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šØLEGACY MEDIA IN 2024: A RECORD-BREAKING FLOP
Over 5 million cable TV subscribers cut the cord in the first three quarters of the year, with 2.37 million in Q1 alone.
Major outlets like CNN, NBC, and Vox laid off hundreds of employees.
Networks like MSNBC and USA are being spun off as cable networks lose value.
Print newspapers arenāt faring any better:
ā¢The New York Timesā print circulation has plummeted to 267,600, a 13% drop.
ā¢The Wall Street Journalās print circulation fell by 14% to 555,200.
ā¢The Los Angeles Times saw a 17% decline, down to 105,700.
Turns out, preaching to empty rooms doesnāt pay the bills.
We are the media.
Sources: The Daily Upside, The Hill, Capitol Communicator. 0 reply
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