A Florida jury found that CNN defamed U.S. Navy veteran Zachary Young last week, allowing a rare peek in the network’s books that revealed its net worth was cut in half from 2021 to 2023. Young ...
CNN settled a lawsuit brought by a US Navy veteran over a 2021 segment on evacuations in Afghanistan on Friday, hours after a jury found the network liable for defaming him. The two-week trial was ...
CNN’s revenue tanked roughly $400 million in three years, according to financial metrics shared at the network’s defamation trial on Friday. During the case, which concluded Friday, awarding Navy ...
After a false start with CNN+, network chief Mark Thompson is trying to find a financially sustainable path for the network in the digital world. Thompson’s plan comes after years of ownership changes ...