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CNN preaches patience as ratings tank during turnaround

By DAVID BAUDER - Mar 30, 2023, 09:37 AM ET
Last Updated - Jun 22, 2023, 11:53 AM EDT
Media-CNN Slump
ASSOCIATED PRESS

CNN's leaders are preaching patience as viewers have been abandoning the network during its attempted turnaround

NEW YORK (AP) — CNN's leadership is preaching patience even though thousands of viewers are abandoning the network during its attempted turnaround, with no indication yet whether it will be rewarded.

Cable news ratings are down across the board compared to 2022, when Russia's invasion of Ukraine was fresh in the news. CNN's dip is most dramatic — 61% in prime time in March, with Fox News Channel down 27% and MSNBC off by 12%, according to the Nielsen company.

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Fox averaged 2.09 million viewers in prime time in March, with MSNBC at 1.14 million and CNN at 473,000, Nielsen said. In the key 25-54 age demographic for advertisers, CNN is seeing some of its lowest numbers in decades.

CNN is a year into new corporate management with Warner Bros. Discovery, which hired ex-CBS producer Chris Licht to run the network. The chief goal has been to rebuild trust as a non-partisan news brand after years of criticism by former President Donald Trump and his followers, at a time Fox and MSNBC have profited handsomely by appealing to specific points of view.

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