The Dismissal of Chris Licht from CNN: A Biz Doc Case Study

**Title: The Troubles at CNN: A Deep Dive into the Departure of Chris Licht and the Larger Issues at the Network**

**Description:**

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In this enlightening Biz Doc clip, Tom Ellsworth discusses the situation at CNN following the departure of Chris Licht, who served as the head of CNN. However, the story goes far beyond Licht’s departure. It delves into the larger issues that CNN has been facing.

CNN, a once-prominent news network, found itself in trouble with a significant “product problem” that needed a turnaround. Tom draws parallels to successful turnaround stories in other companies, such as Ford and Apple, to shed light on the challenges faced by CNN.

One of the major setbacks for CNN was a significant drop in ratings after the Trump administration. As the news focus shifted away from Trump towards other topics like COVID-19, CNN experienced a decline in viewership. Tom suggests that Licht’s hiring coincided with a decrease in COVID-related stories, which fatigued viewers were losing interest in.

However, the Biz Doc emphasizes that Licht is not solely responsible for CNN’s decline. Rather, he argues that CNN has a deep-rooted product problem that requires attention.

If you want to learn more about the intricacies of CNN’s struggles and the larger issues it faces, watch the full podcast every Monday morning at 11:30 am.

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Feel free to [ask Tom Ellsworth](https://minnect.com/) any questions during the podcast.

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Keywords: #BizDoc, #BusinessInsider, #Valuetainment, #BusinessNews, #Politics, #Entrepreneurs, #Entrepreneurship, #DaveRamsey, #PBDPodcast

Sources:
– [Source1](source1_link)
– [Source2](source2_link)

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In this Biz Doc clip, Tom Ellsworth discusses the situation at CNN and the departure of Chris Licht, who was the head of CNN. Tom asserts the story goes beyond Licht’s departure and examines the larger issues at CNN. CNN was a company in trouble with a “product problem” and needed a turnaround! Tom compares it to other turnaround stories in companies like Ford and Apple. They explain that CNN experienced a significant drop in ratings after the Trump administration, as the news focus shifted away from Trump and towards other topics like COVID-19. The Biz Doc suggests that Licht’s hiring coincided with a decline in COVID-related stories, which already fatigued viewers were losing interest in. The Doc argues that Licht wasn’t responsible for the overall decline and that CNN had and STILL HAS a product problem that needs to be addressed.

Watch the Full Podcast every Monday Morning at 11:30 am

Thanks for watching! And I hope I left you better than I found you.

Subscribe to the channel and turn on notifications!

FaceTime or Ask Tom Ellsworth any questions on https://minnect.com/

Help us welcome back Tom Ellsworth! Follow him on social media:

Instagram: https://www.instagram.com/ellsworth.thomas/

Twitter: https://twitter.com/TomEllsworth

#BizDoc #BusinessInsider #Valuetainment #Business News