Article  in The Hollywood Reporter by Ales Wepring, 11/7/24

Headline:  “Media’s Crisis Point: It’s Losing Relevance and Scorned In Trump Era. A Reboot May Be Next”

Subhead: “Former President Trump’s decisive victory Tuesday will cause media outlets — particularly those that fashioned themselves as nonpartisan — to rethink their strategies.”

“Former President Trump’s decisive victory Tuesday led to a shockwave that was felt in newsrooms across Washington D.C. and New York. Everyone knew the polls were close and that a Trump win was a strong possibility, sure, but the scale of Trump’s win left one senior producer at a broadcast network stunned: “We are questioning our relevance right now,” they said Wednesday morning.”

“. . . Indeed, there are blaring red warnings signs for traditional media everywhere you look. Ratings for the broadcast and cable news channels saw steep declines in ratings from Nielsen (finals showed an average of 42.3 million people, down from nearly 57 million four years ago), with the lowest ratings in decades. The steepest drop was felt at CNN, which saw its numbers fall below MSNBC for the first election night since that channel launched nearly three decades ago.”

https://www.hollywoodreporter.com/business/business-news/media-crisis-trump-era-1236055073/