The business model for the Pravda Media has consisted of "Keep lying to the American people about Donald Trump and everything else," and it turns out that this only works in the short term.

Eventually people figure it out and look for other ways to keep informed about the state of the world. 

ABC News to lay off dozens, merge ‘Good Morning America’ and ‘GMA3,’ ax ‘538’ data site https://t.co/Ix0exsPMW5 pic.twitter.com/dPG4TNn34M

— New York Post (@nypost) March 5, 2025

CNN, MSNBC, The Washington Post, and "news" outlets nationwide are seeing their viewership, readership, and clicks fall through the floor as the independent media sphere keeps growing in prominence and profitability. 

CNBC reports today that CNN will be laying off "hundreds" of its 3,500 employees later this week, as the network struggles to make money following the 2024 election.

They are in their way to bankruptcy. Nobody watches CNN anymore. pic.twitter.com/DB3JjHv18T

— Kash Patel 🇺🇸 News (@KashPatel_News) January 22, 2025

There are posts on X that get more views than any news story in America, and a podcast by Joe Rogan or any of a dozen others can lap the ratings of all the cable news and network shows by dozens of times. 

MSNBC just canned more anchors and cancelled their shows!

Joy Reid was fired this weekend.

Ayman Mohyeldin, Katie Phang, and Jonathan Capehart were given their walking papers on Monday.

Legacy media is completely collapsing! pic.twitter.com/bldd4eFG6A

— Paul A. Szypula 🇺🇸 (@Bubblebathgirl) February 24, 2025

Americans are onto the Pravda Media grift, and while there is a "Remnant," to use a TDS word to describe the old guard, who still trust and nod along as the Pravda Media spew their lies, as a business the propagation of lies and propaganda is no longer profitable. 

Layoffs hit ABC News and Disney's entertainment TV channels https://t.co/SkGuRqvDS5

— Los Angeles Times (@latimes) March 5, 2025

ABC is just the latest "news" outlet to start jettisoning staff and reworking its strategy. 

ABC News staffers are bracing for imminent layoffs while the division will restructure its programming including the merging of its “20/20” and “Nightline” programs and the consolidation of its “Good Morning America” productions, according to reports.

The Walt Disney Co. is set to lay off around 200 people from its ABC News Group division as well as its Disney Entertainment Networks unit — a move that constitutes cutting some 6% of the combined staff of the two units, according to the Wall Street Journal.

Almin Karamehmedovic, president of ABC News, circulated a memo to employees on Wednesday morning confirming the changes.

While the cuts at ABC will hit both news and entertainment, it is obvious that the news side is getting hit disproportionately hard. Entire segments of their staff will be cut, including the once-dominant 538. 

One casualty of the cost-cutting measure is the FiveThirtyEight data news site — the operation founded by Nate Silver which came to prominence in the 2008 and 2012 elections for accurately predicting the results.

According to the Journal, the entire site is being axed and all 15 of its employees will be handed pink slips.

ABC is also planning to consolidate “Good Morning America” and its third hour, “GMA3,” into one production unit, according to the report.

One ABC staffer told Status that “people are freaked” as it wasn’t clear when the layoffs would be announced this week.

I had a yearly checkup at the doctor's office yesterday and opened my own local paper the Star Tribune. The "A" section was a couple of flimsy sheets of newsprint with a few stories. It was barely a shadow of its former self, and I had to wonder when they would quit printing it at all and become a small local website covering city council meetings. 

What was once a multi-billion dollar colossus is now...pathetic. And this same collapse of newspapers that once dominated the conversation is happening in every corner of the country. 

Surely some of this is merely down to the shifting economics in the media world, but it is undeniable that most of the problem is the massive loss of credibility. It was, in other words, a self-inflicted wound. 

Only half of DEMOCRATS trust the media any more, and the media's entire business model is being fluffers for the Democratic Party. As you can see, the Biden administration coverage made the Dems feel pretty good, but then the Biden-Trump debate happened and even many of them gave up on the "news."

Pravda Media has become a group of Baghdad Bobs, blatantly lying and yet wondering why nobody believes them. 

People like Jake Tapper and Chuck Todd are now trying to recover their credibility by pointing fingers at others as liars, and turning their guns on Biden as the big bad guy in the collapse of trust in America. 

Chuck Todd and Steve Schmidt unleashed: Joe Biden and his crackhead children edition

Steve also takes a swipe at the Lincoln Project. pic.twitter.com/4hJJFTFCij

— The Researcher (@listen_2learn) March 3, 2025

The circular firing squad is at work because there will be very few safe places for journalists in the coming years. The supply of liars far outstrips the demand for them, so the Pravda Media mavens are beginning to turn on each other in hopes of surviving the purge. 

The entertainment divisions of these massive media conglomerates should seriously consider doing reality shows, pitting journalists against each other to see who can survive the carnage. Throw them all on an island somewhere, naked and afraid, but with word processors as their chosen weapons. 

That would be fun to watch, and might provide a last payday for the journalists. They can remain relevant for a few weeks more as Americans root for their favorite villain to survive.