CNN Putting $20 Million Toward Plans for Digital Media Domination
Good luck with that 'Keeping Up with the Joneses,' CNN.
In the ongoing game of national network King of the Mountain, CNN is rarely able to plant the flag, as it were.
There has to be something the spirits of Bernie Shaw, Larry King, Peter Arnett, and that penciled-in mustachioed Ted Turner can do to help their former home take over network news once again. But how?
The answer: Invest in digital media.
According to the Wall Street Journal, CNN is investing $20 million into its digital products and a “traditional restructuring,” which naturally means more folk are about to look for a job elsewhere (50, in fact, based on the story).
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