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A change at the top did little to stop the ratings slump at CNN with the network losing 5% M/M...
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Wednesday, February 27, 1:18 PM ETA change at the top did little to stop the ratings slump at CNN with the network losing 5% M/M and 10% Y/Y of its daytime viewers in February as well as 1% M/M and 18% Y/Y of its primetime viewership. Parent company Time Warner (TWX +1.6%) has increasingly relied on its cable TV business to make up for the flattish growth with its movie studio and struggles at its publishing arm - but for the most part its been HBO, TNT, and TBS doing the heavy lifting instead of CNN.
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CNN is not much about news anymore. It's about on-air personalities. On New Year's eve, all hard news stopped 5 hours before midnight, eastern time.