Ted Turner launched the Cable News Network (CNN) on June 1, 1980 at 5 PM Eastern Time. CNN was the first 24-hour news channel in the world. Lois Hart and David Walker: The married team of Hart and Walker co-anchored CNN’s first newscast on June 1, 1980.

CNN which stands for Cable News Network is about to become less cable and more digital. With that transformation CNN is planning to slash its workforce. Certain shows that are produced in New York or Washington may move to Atlanta, where production can be done more cheaply, said the people in charge of CNN and the transformation.

During a town hall meeting earlier this month, CNN CEO Mark Thompson said the media company has received an investment of “more than $70 million” from Warner Bros. Discovery to help fund the company’s digital operations. Part of that investment will go toward hiring employees in areas where CNN sees potential growth avenues, such as data scientists and product development and influencers.

CNN’s ad revenue has dropped 39% with a drop from $128 million to $78 million in its more recent reported history. As of January 13, 2025, CNN’s YouTube channel was estimated to earn between $9,371.15 and $28,113.45. Compare that to Mr. Beast who earns $700 million.

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