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Daily News Brief for Friday, April 22nd, 2022

Daily News Brief for Friday, April 22nd, 2022

FromDaily News Brief


Daily News Brief for Friday, April 22nd, 2022

FromDaily News Brief

ratings:
Length:
20 minutes
Released:
Apr 22, 2022
Format:
Podcast episode

Description

Good Friday morning, this is Garrison Hardie with your CrossPolitic Daily News Brief for Friday, April 22nd, 2022. Let’s kick things off with a question… are you registered for the CrossPoltiic Liberty Tour’s final stop? I know, say it isn’t so! I know folks, I know, but we gotta get ready for our conference in Knoxville. But, if you want to see us in Phoenix Arizona, on May 19th, you can register at crosspolitic.com/libertytour. Tickets will go fast, especially because I spent all day yesterday reaching out to club members in Arizona. We’ll be joined by Jeff Durbin, and Delano Squires, as we discuss The Five Stones of True Freedom. Doesn’t that just scream MERICAN? 
 
Anyways, in other news, CNN+ is off to a great start. Let’s see how it’s going. Car Jumps Off Cliff Meme-Play Video 0:00-0:06
 
Oh yikes… CNN+ is actually shutting down after less than a month after it’s launch.
 
https://nypost.com/2022/04/21/cnn-is-shutting-down-less-than-a-month-after-ill-fated-launch/ 
 
According to the New York Post, CNN boss Chris Licht, who officially starts his new job on May 1, told staffers at a midday meeting Thursday that “this was an incredibly successful launch” but that it wasn’t compatible with Warner Bros Discovery’s new plans, according to a report by CNN.
 
“It’s not your fault that you had the rug pulled out from underneath you,” Licht said, the network reported.
 
According to CNN, Andrew Morse, the executive vice president in charge of CNN+ and all of CNN’s digital businesses, will depart the company. 
 
The report said that during the meeting, CEO and president of Warner Bros. Discovery global streaming and interactive entertainment, JB Perrette expressed frustration with CNN’s “prior leadership,” which was led by Jeff Zucker until February, and WarnerMedia, which was led by Jason Kilar until early April. I guess Jeff Zucker had other things on his mind at the time. 
 
https://www.nytimes.com/2022/02/02/business/media/jeff-zucker-cnn.html - Screen Capture title of article. 
 
Licht circulated a memo obtained by The Post ahead of a midday meeting thanking them for “flawlessly launching CNN+ in a very short period of time.”
 
He added that as part of the transition, all CNN+ employees will continue to be paid and receive benefits for the next 90 days and are encouraged to explore job openings at CNN, CNN Digital, and elsewhere in the Warner Bros. Discovery family.
 
At the end of that period, departing CNN+ employees will receive a minimum of six-months severance, depending on length of service at CNN. 
 
The few who had subscribed to CNN+ will receive prorated refunds of the $5.99 a month subscription fee, the company said.
 
Prior to Thursday’s decision, the future of CNN+ was in doubt as new corporate parent Warner Bros. Discovery was looking to cut costs and reorganize the company.
 
Warner Bros. Discovery, which formed last week out of the merger between Discovery and WarnerMedia, is in the process of shoring up at least $3 billion in cost savings in 2023.
 
Under previous ownership, CNN+ execs were hoping to attract 2 million subscribers in the first year and 15 million to 18 million over four years, Axios said.
 
Roughly $300 million has been spent and hundreds of jobs have been created to support the streaming service to date.
 
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https://intellectualtakeout.org/2022/04/21/the-push-to-end-the-department-of-education-is-gaining-momentum/
 
The Push to End the Department of Education Is Gaining Momentum
 
The debate over the federal role in education has
Released:
Apr 22, 2022
Format:
Podcast episode

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Daily News Brief