CNN recently launched a streaming app that has already become a massive failure because they didn’t seem to realize that nobody wants to pay for their corporate media garbage. Mike Papantonio & Farron Cousins discuss more.

Transcript:

*This transcript was generated by a third-party transcription software company, so please excuse any typos.

Mike Papantonio:             CNN recently launched a streaming app that’s already become a massive failure because they didn’t seem to realize that nobody wants to pay for their corporate media garbage, it’s propaganda. You know, I mean, even the, even the, the folks at this point that are the most biggest supporters of CNN are saying, yeah, we kind of have to agree, this has digressed into pure propaganda, just like Fox news, it’s propaganda. And so they launched this thing thinking everything’s gonna be okay, it’s a terrible, terrible disaster. It’s so bad, what they’re doing is they’re, they’re in cut, they’re in cut mode right now. They’re starting to cut all of their outside advertising because they’re in bad financial problems.

Farron Cousins:                  And they just fired the chief financial officer a couple days ago, because this was such a huge blunder. They pumped $300 million, I don’t even know how they have $300 million.

Mike Papantonio:             Yeah.

Farron Cousins:                  So they pumped.

Mike Papantonio:             Well, they’re leveraged. They’re leveraged to the hilt right now.

Farron Cousins:                  So they, they pumped that into this new streaming service and they say, well, you know how nobody even wants to watch us on TV. What if we made ’em pay $6 a month to watch us? I, I mean, they were getting 700,000 viewers in a 24 hour period. Not, Tucker Carlson beats that in the first five minutes of his show.

Mike Papantonio:             Think about that.

Farron Cousins:                  And you say, we’ve, we’ve got a lower audience than most YouTube channels.

Mike Papantonio:             Most people would pay $6 a month not to have to watch Brian. What’s his name? Brian Stellar, the, whatever the little characters name is. Yeah. They, they’d pay $6 not to have to this propaganda crap. And so it’s no big surprise here at all.

Farron Cousins:                  No, and it really is hilarious. I do have to say that it’s hilarious that they went all in knowing that they had the lowest cable news audience out of anyone out there, knowing that people don’t like what they’re selling.

Mike Papantonio:             We, we, we established one time that more people are watching us on what we’re doing. We don’t have a huge network, but more people are watching you and they’re watchin then they are corporate, corporate media right now. It’s pretty, it’s a wake up call for them, isn’t it?

Farron Cousins:                  It is.

Mike Papantonio:             Thanks, Farron.

Farron Cousins:                  Thank you.

Mike Papantonio:             Appreciate it. That’s all for this week. But you can find all of our today’s stories on YouTube channel at youtube.com/the ring of fire. The videos are gonna be posted throughout the week and you can follow us on Twitter @ America’s Lawyer. I’m Mike Papantonio and this has been America’s Lawyer. We, we tell you the stories that corporate media can’t tell you because their advertisers don’t allow ’em to talk about it and their political connections won’t allow for it. We’ll see you next week. We’re gonna tell you more stories then, that you’re probably not gonna hear anywhere else. Thanks a lot.

Mike Papantonio is an American attorney and television and radio talk show host. He is past president of The National Trial Lawyers, the most prestigious trial lawyer association in America; and is one of the few living attorneys inducted into the Trial Lawyer Hall of Fame. He hosts the international television show "America's Lawyer"; and co-hosts Ring of Fire Radio, a nationally syndicated weekly radio program, with Robert F. Kennedy, Jr. and Sam Seder.