The Wrap.com is reporting that unwatched CNN is about to layoff 550 employees because, well, nobody watches it — unlike Fox News — and advertisers feel it is stupid to waste money on commercials nobody sees.
The Wrap.com is also reporting that one time CNN employee Glenn Beck, who is now worth an estimated $100 million due to his success with The Blaze, has made two offers to help but neither went anywhere.
One of the offers involved The Blaze taking over the network’s HLN spot on the channel list.
In 2012, Beck made an offer to buy Al Gore’s Current TV network. Gore, instead, chose to sell it to Al Jazeera.
Apparently misogynistic propagandist for jihad and terror are more palatable to him and his kind than people who have Christian values and believe in free markets.
In fairness, The Wrap is saying one person at CNN has told it talks are not dead. Still when reports of massive layoffs come after reports of a rejected deal, one does connect dots.
Hat tip Ed Driscoll at PJMedia.com.
CNN Rejects Glenn Beck, 550 Jobs Lost