Pink Slip Mania: This Is (Now) CNN

Unfortunately for Turner Broadcasting Systems, ratings haven’t been kind to the network that invented — for better or worse — 24/7 news.

In fact, they have sucked a little. This consistent downward spiral has forced the muckety-mucks at Turner (parent company of CNN, HLN, TNT, TBS, Adult Swim, Cartoon Network, and others) to consider what many in media believe to be the inevitable.

Reports show up to 300 have been let go at CNN and HLN alone, and this afternoon our sister site TVNewser learned that the recently relaunched Crossfire had been put out of its misery (again).

Factoids