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Defamation Trial Yields Revelation CNN’s Revenue Has Dropped Some 400 Million In Three Years

Mediaite · last updated
Shortly after a Florida jury found that CNN had defamed Navy veteran Zachary Young and awarded Young $5 million in damages on Friday, the network was dealt a second blow as its revenue losses were publicly revealed on the witness stand.

Related Knowledge Center: Media and the law

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Toxic politics and vast shifts in the technology landscape have created a plethora of thorny issues — both legal and ethical — for newsrooms, courts, and regulators.

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Related Knowledge Center: State of the business model

State of Play

The traditional journalism business model has long since collapsed, and news organizations have shrunk or disappeared entirely. While a number of promising experiments are under way, the public has not shown a willingness to buy what news organizations are selling.

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