The repercussions of last week’s presidential election is sending shockwaves through a number of legacy media outlets which are now being downsized, put up for sale or retreating from the public square after years of actively agitating against president-elect Donald Trump.
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However, presidential politics alone aren’t the only reason for the sudden, pronounced decline in audience.
Corporate media outlets like CNN are laying off hundreds of staffers, including some of their top stars, following poor ratings on election night that saw the network trailing rivals MSNBC and Fox News.
But the blame is being laid at the feet of former viewers who no longer believe what the network is telling them.
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