Defunct News Channels | Discontinued Nostalgia #4

00:42:30
https://www.youtube.com/watch?v=dPwNQ_QUSVc

Résumé

TLDRIn questo video, il conduttore Lewis esamina diverse reti di notizie dismesse, esplorando la loro origine, sviluppo e il motivo della loro chiusura. Analizza il Financial News Network per aver rivoluzionato il settore delle notizie finanziarie, il CNN Airport Network per l'intrattenimento nei terminal, e il CNN Checkout Channel come tentativo di intrattenimento nei supermercati. Lewis discute anche di CNN Sports Illustrated, America's Talking, e CNN FN, confrontando i loro approcci e scelte strategiche. Infine, l'insuccesso di CNN Plus, causato da tempistiche disastrose e contenuti poco attraenti, viene evidenziato come un esempio delle sfide nel panorama attuale della notizia. L'intero video offre una panoramica informativa e divertente, sottolineando come il mercato delle notizie si sia evoluto nel tempo.

A retenir

  • 📈 FNN è stata la prima rete di notizie finanziarie in tempo reale.
  • ✈️ CNN Airport Network ha fornito notizie negli aeroporti prima della diffusione degli smartphone.
  • 🛒 CNN Checkout Channel tentava di intrattenere gli acquirenti in fila, ma non ha ottenuto successo.
  • 🏈 CNN Sports Illustrated non è riuscito a competere con ESPN.
  • 📺 America's Talking ha gettato le basi per MSNBC e molti presentatori di oggi.
  • 💻 CNN FN ha introdotto importanti innovazioni nel settore delle notizie finanziarie.
  • 📰 CNN Plus è fallito per una mancanza di contenuti interessanti e di distrazione aziendale.
  • 🤝 Newsnet ha cercato di riempire il vuoto per le notizie regionali ma ha incontrato difficoltà finanziarie.

Chronologie

  • 00:00:00 - 00:05:00

    Lewis introduce il concetto di "Nostalgia Discontinued" e sottolinea che l'episodio non è politico, ma mira ad esplorare canali di notizie defunti. La sua avvertenza è chiara: ci si concentri sul valore storico di questi canali senza accendere polemiche nel commento.

  • 00:05:00 - 00:10:00

    Il Financial News Network (FNN) viene presentato come il primo canale di notizie finanziarie, nato negli anni '80 per rispondere alla necessità di informazioni di mercato in tempo reale. La sua evoluzione include lo sviluppo di un ticker azionario e l'espansione in un canale telvisivo 24 ore su 24.

  • 00:10:00 - 00:15:00

    FNN si espande ma affronta problemi finanziari a causa di irregolarità interne e conflitti con gli auditor, culminando in una bancarotta nel 1991. Alla fine, CNBC acquisisce FNN, segnando la fine di un'era per il canale pionieristico.

  • 00:15:00 - 00:20:00

    La CNN Airport Network viene discussa come un tentativo di portare notizie in tempo reale negli aeroporti. Offre aggiornamenti senza contenuti negativi, ma la crescente dipendenza da dispositivi personali porta a una diminuzione degli spettatori e alla chiusura nel 2021.

  • 00:20:00 - 00:25:00

    Il CNN Checkout Channel viene lanciato come un canale per intrattenere i clienti mentre aspettano in coda. Tuttavia, la confusione e l'irritazione portano al suo fallimento nel 1993, lasciando un'eredità di esistenza fugace.

  • 00:25:00 - 00:30:00

    CNN Sports Illustrated è presentato come un ibrido di notizie sportive che non riesce a contrapporsi alla concorrenza di ESPN e altri canali. Nonostante alcuni sforzi per trasmettere eventi dal vivo, il canale chiude nel 2002 a causa di scarse prestazioni.

  • 00:30:00 - 00:35:00

    America's Talking, un precursore del formato di talk show, offre una piattaforma per la partecipazione attiva del pubblico prima di essere sostituito da MSNBC. Il canale sposta la sua attenzione verso notizie più serie in seguito agli eventi dell'11 settembre.

  • 00:35:00 - 00:42:30

    Il CNN FN viene introdotto come un'evoluzione significativa per il canale finanziario, innovando con ticker automatici e video online dal 1997. Tuttavia, tensioni interne e perdite finanziarie portano al suo successivo fallimento e alla chiusura nel 2004.

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Vidéo Q&R

  • Quali canali di notizie sono stati trattati?

    Il video discute canali come Financial News Network, CNN Airport Network, CNN Checkout Channel, e CNN Plus.

  • Qual è stata la principale ragione per cui CNN Plus è fallito?

    Il fallimento di CNN Plus è attribuito alla mancanza di contenuti interessanti e alla cattiva tempistica legata a una fusione aziendale.

  • Cosa caratterizzava il Financial News Network?

    FNN è stato il primo canale di notizie finanziarie a fornire aggiornamenti in tempo reale e grafica in sovraimpressione.

  • Quando è stato lanciato il CNN Airport Network?

    Il CNN Airport Network è stato lanciato il 20 gennaio 1992.

  • Che cosa si proponeva di fare CNN FN?

    CNN FN voleva offrire notizie finanziarie accessibili e in tempo reale ma fronteggiava molte sfide interne.

  • Perché America's Talking è stato chiuso?

    America's Talking è stato chiuso per bassa audience nel passaggio a MSNBC.

  • Qual è la differenza principale tra CNN FN e CNBC?

    CNN FN ha cercato di innovare nel settore finanziario ma alla fine non ha potuto competere efficacemente con CNBC.

  • Cosa ha portato alla chiusura del CNN Checkout Channel?

    Il CNN Checkout Channel ha subito una pressione finanziaria duratura e non ha attratto l'interesse che era previsto.

  • Quali fattori hanno influenzato la creazione di Newsnet?

    Newsnet è stato creato per rispondere alla richiesta di notizie non di parte e a seconda delle regioni, ma ha affrontato difficoltà finanziarie.

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Défilement automatique:
  • 00:00:01
    you are watching the god
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    Channel how's it going guys my name is
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    Lewis and welcome back to discontinued
  • 00:00:09
    Nostalgia a series where I pretty much
  • 00:00:10
    go through a slew of discontinued topics
  • 00:00:12
    for your edutainment purposes in the
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    last few episodes we've explored a
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    random mix of TV channels from music
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    channels to movie channels to kids
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    channels however there's one category
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    that I've been hesitant to cover and
  • 00:00:23
    that's news channels since gate news and
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    politics are often intertwined added
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    with the heat of tensions of politics
  • 00:00:29
    itself I feel like making a video like
  • 00:00:31
    this is asking for the comment section
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    to become a dumpster fire so just to
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    clarify guys this is not a political
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    video this is simply a collection of
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    news channels that have gone defun made
  • 00:00:39
    to educate and entertain viewers to
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    provide historical context and insights
  • 00:00:42
    on the property without any political
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    agenda please be nice guys St fighting
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    with that said this is episode four of
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    discontinued Nostalgia defunct news
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    channels
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    [Music]
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    in today's everchanging world of
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    business there's only one place that you
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    can turn to for complete coverage of
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    important developments as they happen
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    financial news network in today's world
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    of investing it's never been easier for
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    an everyday Joe like you and me to
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    access real-time Market data and
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    financial news which does a few Taps on
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    a smartphone apps like Robin Hood and
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    the power of the internet give you
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    instant updates on stock trends and
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    Market forecasts but once you go back to
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    the 19 1980s the financial world was
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    much harder to navigate and getting
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    timely Market information just wasn't
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    available that would all change when
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    Glenn Taylor a former minister in
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    businessman envisioned a way to deliver
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    live business and financial programming
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    from various Studios and locations such
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    as the New York and American Stock
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    Exchange with the backing of investors
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    and Media Partners on November 30th 1981
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    financial news network officially
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    launched at a weekday broadcast airing 7
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    hours a day across 13 stations across
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    the country surprisingly not called fake
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    News Network fnn established itself as
  • 00:01:59
    the first financial news Channel
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    predating others like CNBC Fox Business
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    and the Schwab Network its mission was
  • 00:02:04
    clear to give small investors real-time
  • 00:02:06
    information on the market according to
  • 00:02:08
    Taylor I started the network more out of
  • 00:02:10
    frustration than anything else it just
  • 00:02:11
    seemed to me that there needed to be a
  • 00:02:12
    better way to get Current financial
  • 00:02:14
    information on a national basis with the
  • 00:02:16
    launch of fnn one of its groundbreaking
  • 00:02:18
    features was the introduction of
  • 00:02:19
    on-screen graphics with a stock ticker
  • 00:02:21
    with stock prices on top and index
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    prices on the bottom while all this
  • 00:02:25
    sounds so commonplace and not that big a
  • 00:02:26
    deal remember this was the 1980s new
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    stations like CNN or snc haven't yet
  • 00:02:30
    adopted these type of visual aids so for
  • 00:02:32
    small investors at the time having F&M
  • 00:02:34
    was essential for getting Finance news
  • 00:02:36
    and information by 1982 fnn underwent
  • 00:02:39
    new leadership and relocated its
  • 00:02:40
    headquarters to the ground floor of
  • 00:02:41
    maril Lynch's building in Manhattan
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    allowing passer by to watch it broadcast
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    just 3 years later FN made a bold move
  • 00:02:48
    by severing its ties with its local
  • 00:02:49
    stations and transitioning to a 24-hour
  • 00:02:51
    cable only TV station with this shift
  • 00:02:53
    fnn Diversified it program by launching
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    a sister Network named score score was a
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    weekday evening Sports block that aired
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    sport sporting news and events like
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    NASCAR boxing and professional wrestling
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    this part of F&M was a joint venture
  • 00:03:05
    between them and anheiser Bush yes the
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    beer company before launching score was
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    previously known as Sports time and it
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    was pretty much similar to what score
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    was but a lot more limited so when
  • 00:03:14
    Sports time shut down in March of 1985
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    am Heiser Bush which also owned a
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    satellite transponders used by Sports
  • 00:03:19
    time and fnn partnered up with fnn to
  • 00:03:21
    create score unfortunately there's not
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    much surviving footage of this part of
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    fn's History so yeah let's move on by
  • 00:03:27
    the late 1980s info technology which
  • 00:03:30
    also owned United Press International at
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    the time bought a 47% stake in fnn
  • 00:03:34
    becoming its largest shareholder the
  • 00:03:36
    network would also continue expanding
  • 00:03:37
    its financial sector to Prime Time with
  • 00:03:39
    a slate of original programs geared
  • 00:03:40
    towards its upscale viewers because of
  • 00:03:42
    this score the late night Sports block
  • 00:03:44
    was pushed to weekends where it would
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    later be renamed to fnn Sports in 1989
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    by 1990 fnn will peak in terms of
  • 00:03:51
    programming and viewership reaching a
  • 00:03:52
    potential audience of about 35 million
  • 00:03:54
    homes across the country however behind
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    the scenes was a house of cards waiting
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    to fall in October of that year it would
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    be reported that fnn faced a potential
  • 00:04:02
    default on a $48.5 million line of
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    credit due to a dispute with their
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    Auditors deoe and touche over whether to
  • 00:04:08
    expense or capitalize a $28 million
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    investment in a new service dubbed fnn
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    Pro which according to the New York
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    Times was a new high-tech video Business
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    Service aimed at stock Brokers and other
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    investment professionals sounds kind of
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    like a subscription service Don't It
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    Anyways the Auditors later discovered
  • 00:04:23
    that fn's Chief Financial Officer C
  • 00:04:25
    Steven Bolan was making unauthorized
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    payments to himself this led to an
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    internal investig igation within fnn
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    which ended up in Bolan getting the boot
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    and two members of his accounting staff
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    being placed on leave this Scandal
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    severely damaged fn's credibility and
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    because of it fnn stock along with his
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    parent company dropped nearly 50% this
  • 00:04:41
    would anger shareholders of fnn who
  • 00:04:43
    would later sue the company for
  • 00:04:44
    wrongfully withholding details about fnn
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    pro deo and touche suggested that the
  • 00:04:49
    best solution was to report the $28
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    million investment as an expense fnn
  • 00:04:53
    argued that if we were forced to do so
  • 00:04:54
    the company would suffer a severe
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    Financial loss making it impossible to
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    continue operations and I'm guessing
  • 00:04:59
    that the network didn't want to hear
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    that so so they ended up replacing their
  • 00:05:02
    auditor with another firm but it's not
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    like changing firms would do any
  • 00:05:05
    difference and shortly thereafter it
  • 00:05:07
    would be reported that fnn faced a $
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    72.5 million loss for the fiscal year of
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    1990 God damn because of this fnn needs
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    to sell itself if it wanted to survive
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    in early 1991 F&M would have a handshake
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    deal with group W and DOW Jones to
  • 00:05:22
    purchase the network for $90 million yet
  • 00:05:24
    NBC which also owned the consumer news
  • 00:05:26
    and business Channel AKA CNBC came to an
  • 00:05:29
    agreement to purchased fnn for $105
  • 00:05:31
    million however in March of 1991 fnn
  • 00:05:34
    filed for chapter 11 bankruptcy which
  • 00:05:36
    now placed fn's assets for sale
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    including a deal to sell itself under
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    review by the federal bankruptcy court
  • 00:05:41
    this led to a bidding war between NBC
  • 00:05:43
    and the partnership between Dow Jones
  • 00:05:44
    and group W and in the end a bankruptcy
  • 00:05:47
    court awarded fnn to CNBC whose $14.3
  • 00:05:50
    million bid was deemed more realistic
  • 00:05:52
    with all that being said finally on
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    March 21st 1991 CNBC would take control
  • 00:05:57
    of fnn satellite transponders
  • 00:05:59
    effectively ceasing fnn and scores
  • 00:06:01
    operations and allowing CNBC to expand
  • 00:06:02
    his presence quickly overnight while fnn
  • 00:06:05
    was no more CNBC would temporarily
  • 00:06:07
    Rebrand its business daytime program as
  • 00:06:09
    CNBC fnn daytime until 1992 as for the
  • 00:06:12
    channel space Bloomberg TV would take
  • 00:06:14
    the spot just two years later after fn's
  • 00:06:16
    closure and have former employees
  • 00:06:17
    working over there the way I see it fnn
  • 00:06:19
    was definitely ahead of its time but had
  • 00:06:21
    it not been for the internal Sabotage by
  • 00:06:22
    its Chief Financial Officer fnn could
  • 00:06:24
    have been thriving today who knows in
  • 00:06:26
    some alternative Universe Finance Bros
  • 00:06:28
    are using fnn Pro
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    CNN Airport network your trusted travel
  • 00:06:37
    companion what do you mean they hit the
  • 00:06:38
    second
  • 00:06:41
    tower if you ever been to an airport
  • 00:06:43
    prior to co you might have seen or at
  • 00:06:45
    least caught a glimpse of the CNN
  • 00:06:46
    Airport network spoiler alert it didn't
  • 00:06:48
    cover 911 this out of home TV network
  • 00:06:50
    aired at select airports offering a
  • 00:06:52
    similar format to what HLN was covering
  • 00:06:54
    basic news weather and Market updates in
  • 00:06:56
    a quick consumable fashion the idea for
  • 00:06:58
    an airport Channel was first unveiled in
  • 00:07:00
    April of 1991 by Turner Broadcasting and
  • 00:07:02
    claimed that the network would deliver
  • 00:07:03
    live programming to Airline terminals
  • 00:07:05
    across the country it would be powered
  • 00:07:07
    by CNN staff and anchors on a 30-minute
  • 00:07:09
    rotational basis drawn from CNN and CNN
  • 00:07:11
    Headline News providing national
  • 00:07:13
    International Sports business news as
  • 00:07:15
    well as travel tips consumer features
  • 00:07:17
    and a crawl along the bottom of the
  • 00:07:18
    screen displaying real-time Airport
  • 00:07:20
    arrival and departure schedules
  • 00:07:22
    according to Terence F mcgurk then
  • 00:07:24
    executive president of Turner
  • 00:07:25
    Broadcasting 70% of the Channel's
  • 00:07:27
    content would be devoted to constantly
  • 00:07:28
    updated editori torial material with the
  • 00:07:30
    remaining 30% available for advertising
  • 00:07:32
    targeted at an upscale highly mobile
  • 00:07:34
    business audience the network began
  • 00:07:35
    testing on June 3rd 1991 at three major
  • 00:07:38
    airports that being Dallas Fort Worth
  • 00:07:40
    Atlanta International Airport and O'Hare
  • 00:07:42
    International Airport once testing had
  • 00:07:44
    finalized CNN Airport network would
  • 00:07:46
    officially launch on January 20th 1992
  • 00:07:49
    where it eventually expanded to over 58
  • 00:07:51
    airports Nationwide over time CNN
  • 00:07:53
    airport expanded its programming Beyond
  • 00:07:55
    live news to include lifestyle and
  • 00:07:57
    travel content as well as partner up
  • 00:07:58
    with major sport organizations to air
  • 00:08:00
    games from the NFL NBA NCAA and MLB they
  • 00:08:04
    would also include the Super Bowl if you
  • 00:08:05
    so happen to be stuck at the airport on
  • 00:08:06
    that day to also keep ease at mind CNN
  • 00:08:09
    airport filtered out distressing with
  • 00:08:10
    negative travel related stories so
  • 00:08:12
    stories about plane crashes or anything
  • 00:08:14
    of that nature wouldn't be shown the
  • 00:08:16
    president's dog just had puppies there
  • 00:08:18
    was a plain crash however in the event
  • 00:08:21
    that it does become major headlines the
  • 00:08:23
    network could switch to a live CNN feed
  • 00:08:25
    on a 10-second delay if necessary while
  • 00:08:27
    such a network might have had a lot of
  • 00:08:28
    viewers during the 199 and 2000s with
  • 00:08:30
    the increase of people owning a
  • 00:08:31
    smartphone or laptop less and less
  • 00:08:33
    people were paying attention to the
  • 00:08:34
    network essentially making the network
  • 00:08:36
    outdated by the 2010s by the latter
  • 00:08:38
    years of CNN Airport's existence
  • 00:08:40
    controversy regarding the network
  • 00:08:41
    started coming into the conversation
  • 00:08:42
    particularly from those on the right
  • 00:08:44
    claiming that CNN had a monopoly in
  • 00:08:46
    airports whatever that means but this
  • 00:08:48
    controversy became largely irrelevant by
  • 00:08:50
    2020 due to co reducing air travel the
  • 00:08:52
    channel faced a huge decline in
  • 00:08:54
    viewership and so in January 2021 CNN
  • 00:08:57
    president Jeff Zucker announced in a
  • 00:08:58
    memo shared on on Twitter that CNN
  • 00:09:00
    airport would cease operations after 30
  • 00:09:02
    years of service by the end of March
  • 00:09:04
    Zucker explained the Steep decline in
  • 00:09:06
    airport traffic because of covid-19
  • 00:09:08
    coupled with the all new ways people are
  • 00:09:09
    consuming content on their personal
  • 00:09:11
    devices has lessened the need for the
  • 00:09:12
    CNN Airport network frankly I'm
  • 00:09:15
    surprised to stick around far into 2021
  • 00:09:17
    I do remember seeing it at airports but
  • 00:09:19
    you couldn't hear it in terminals due to
  • 00:09:20
    it being loud or muted so it was mostly
  • 00:09:22
    Coast captioning they will try to solve
  • 00:09:24
    this issue with the addition of tunity
  • 00:09:26
    which allowed viewers to sync CNN
  • 00:09:27
    airport to your phone but mean by this
  • 00:09:29
    point you're on your phone so it kind of
  • 00:09:31
    defeats the purpose A for effort I guess
  • 00:09:33
    stuck in line well stay informed with
  • 00:09:35
    the new CNN checkout channel available
  • 00:09:37
    at these major
  • 00:09:39
    supermarkets if you thought an airport
  • 00:09:41
    channel was weird imagine having a
  • 00:09:42
    grocery store checkout Channel like like
  • 00:09:44
    who is this really for the cashier the
  • 00:09:47
    checkout channel was an instore
  • 00:09:48
    television network created by Turner
  • 00:09:49
    Broadcasting and act media designed to
  • 00:09:51
    relieve the boredom of Supermarket
  • 00:09:53
    customers waiting in line to pay for
  • 00:09:55
    groceries what the concept for this
  • 00:09:57
    channel emerged from research by
  • 00:09:58
    Massachusetts Institute of Technology
  • 00:10:00
    Professor Richard Larson who specialized
  • 00:10:02
    in the science of waiting lines at a
  • 00:10:04
    news conference announcing its launch
  • 00:10:06
    Larsson explained waiting in a
  • 00:10:07
    supermarket checkout line is something
  • 00:10:09
    we all experience daily we're hassled by
  • 00:10:11
    high levels of stress and frustration
  • 00:10:13
    it's a subtle form of imprisonment but
  • 00:10:15
    the checkout Channel transforms empty
  • 00:10:16
    time into informative and productive
  • 00:10:18
    time before its official launch in 1992
  • 00:10:21
    the channel was tested out as early as
  • 00:10:23
    1990 and Kroger supermarkets in Detroit
  • 00:10:25
    Michigan and based on hidden cameras and
  • 00:10:27
    exit interviews 87% of customers
  • 00:10:29
    reportedly enjoyed the service what are
  • 00:10:31
    your thoughts on the CNN checkout
  • 00:10:32
    channel it's all right I think it really
  • 00:10:35
    helps allow time pass while you're
  • 00:10:37
    inline the media are putting TVs in our
  • 00:10:40
    supermarkets to spread their commissary
  • 00:10:42
    agenda that small sample of reactions
  • 00:10:44
    was enough for ACT media and CNN to
  • 00:10:46
    invest approximately $75 million to
  • 00:10:49
    start this Venture and so on February
  • 00:10:51
    20th 1992 the CNN checkout channel was
  • 00:10:54
    launched according to this photo I found
  • 00:10:55
    the TVs were placed directly by the
  • 00:10:57
    checkout lines airing 8 to 10 minutes
  • 00:10:59
    segments of the news along with 2
  • 00:11:00
    minutes of commercial breaks which were
  • 00:11:02
    tailored to different audiences based on
  • 00:11:04
    the time of day so during the daytime
  • 00:11:06
    the commercials were tailored for women
  • 00:11:07
    in the evenings they are geared towards
  • 00:11:09
    couples and singles and on weekends they
  • 00:11:11
    are targeted for families the checkout
  • 00:11:13
    channel was featured at Kroger Acme A&P
  • 00:11:16
    and finess supermarkets across cities
  • 00:11:18
    like Atlanta Charlotte Columbus Los
  • 00:11:20
    Angeles New York City Philadelphia
  • 00:11:22
    Providence and San Jose act media
  • 00:11:25
    president Wayne W luro was expecting for
  • 00:11:27
    the service to operate in at least 5
  • 00:11:29
    ,000 stores by 1992 yet by 1993 it would
  • 00:11:32
    only be available in 840 stores that
  • 00:11:35
    statistic alone might have raised some
  • 00:11:36
    red flags and as a result by February
  • 00:11:39
    that same year Turner Broadcasting
  • 00:11:40
    announced that it will pull the plug on
  • 00:11:42
    the checkout Channel there were several
  • 00:11:43
    reasons for its failure primary one
  • 00:11:45
    being that it was a massive Financial
  • 00:11:46
    flop what did you expect due to the $16
  • 00:11:49
    million investment in the checkout
  • 00:11:50
    Channel Turner's fourth quarter earnings
  • 00:11:52
    in 1992 fell by 30% in contrast Cartoon
  • 00:11:55
    Network another Turner property had
  • 00:11:57
    launched the same time of Turner's
  • 00:11:58
    fourth quarter earnings and was proven
  • 00:12:00
    to be a massive success so perhaps they
  • 00:12:01
    wanted to focus on that long term rather
  • 00:12:03
    than the future of the checkout channel
  • 00:12:05
    the second and perhaps most logical
  • 00:12:06
    reason was that no one really cared for
  • 00:12:08
    it Turner Broadcasting just didn't
  • 00:12:10
    understand how Shoppers or employees
  • 00:12:12
    would react according to the Daily
  • 00:12:13
    Gazette Shoppers watching the network
  • 00:12:15
    often held up the line either because
  • 00:12:16
    they were distracted by the TV or
  • 00:12:18
    because they didn't have their IDs or
  • 00:12:19
    checkbooks ready meanwhile cashiers who
  • 00:12:21
    had to stand at their post for hours
  • 00:12:23
    found the service repetitive and
  • 00:12:24
    annoying eventually turning the volume
  • 00:12:26
    off defeating the entire purpose of the
  • 00:12:28
    channel on March 31st 1993 CNN checkout
  • 00:12:31
    Channel wh Seas operations and was
  • 00:12:33
    subsequentially written off for taxes as
  • 00:12:35
    I've said it many times before a fate
  • 00:12:36
    arguably worse than death the stores
  • 00:12:38
    left of the equipment either had the
  • 00:12:40
    option to remove the checkout Channel
  • 00:12:41
    equipment entirely or keep the monitors
  • 00:12:43
    and switch to a direct feed of CNN
  • 00:12:45
    Headline News I'm sure many of them just
  • 00:12:47
    got rid of them all I can really say
  • 00:12:49
    about this is um this is weird like
  • 00:12:52
    unfamiliar with TVs at checkout lines
  • 00:12:54
    but I think investing Millions on
  • 00:12:55
    presenting the news you see at home is a
  • 00:12:57
    bit of a stretch like I think most
  • 00:12:58
    people would have just glanced at it and
  • 00:13:00
    not think much of it a similar concept
  • 00:13:02
    that works much better is gstv which is
  • 00:13:04
    almost the same concept seen in gas
  • 00:13:05
    stations that features you know like the
  • 00:13:07
    most basic stuff like weather
  • 00:13:08
    entertaining news the word of the day
  • 00:13:10
    that's probably the best segment I just
  • 00:13:11
    learned the word perspicacious as for
  • 00:13:13
    any footage of the checkout channel it's
  • 00:13:15
    essentially lost media since the network
  • 00:13:17
    was only available in a limited number
  • 00:13:18
    of locations for a short amount of time
  • 00:13:20
    no footage was ever archived the only
  • 00:13:22
    remaining evidence of his existence
  • 00:13:23
    comes from a few keychains on eBay as
  • 00:13:25
    well as a promotional poster but yeah
  • 00:13:28
    that's really all there is to it
  • 00:13:30
    don't miss the action on CNN Sports
  • 00:13:32
    Illustrated call your cable or satellite
  • 00:13:34
    provider all right you're going to have
  • 00:13:35
    to forgive me for all these CNN entries
  • 00:13:37
    there's just way too many CNN Sports
  • 00:13:39
    Illustrated was a 24-hour all sports
  • 00:13:41
    Cable News Channel created in
  • 00:13:42
    collaboration between CNN and Sports
  • 00:13:44
    Illustrated hence name and was announced
  • 00:13:46
    following the merger between Turner
  • 00:13:47
    Broadcasting and Time Warner the network
  • 00:13:50
    aimed to combine the journalistic
  • 00:13:51
    expertise with Sports Illustrated with
  • 00:13:53
    CNN's broadcasting resources yet unlike
  • 00:13:55
    other sports networks it didn't air Live
  • 00:13:57
    Events instead it focused solely on on
  • 00:13:59
    sports news and information just like
  • 00:14:01
    the main CNN channel CNN SI had their
  • 00:14:03
    own slate of original programming most
  • 00:14:05
    of these were either previews or recap
  • 00:14:07
    shows so you had NFL preview college
  • 00:14:10
    football preview this week in the NBA
  • 00:14:12
    Sports Illustrated Golf Plus World sport
  • 00:14:15
    page one Trev Albert's Full Tilt and
  • 00:14:17
    their Flagship show sports tonight which
  • 00:14:19
    actually still happens to be one of
  • 00:14:20
    CNN's original shows since its launch
  • 00:14:22
    and was basically their version of
  • 00:14:23
    sports center offering highlights scores
  • 00:14:25
    and sports news the show was hosted by
  • 00:14:27
    Nick Charles and Fred Hickman both of
  • 00:14:29
    whom anchored the program for most of
  • 00:14:30
    its run while all that sounds good and
  • 00:14:32
    dandy it really came at the worst time
  • 00:14:34
    possible see when CNN Sports Illustrated
  • 00:14:36
    launch in December of 1996 ESPN news and
  • 00:14:39
    Fox Sports Net had launched a month
  • 00:14:40
    prior literally on the same day too add
  • 00:14:43
    to that the dominance of regular ESPN
  • 00:14:44
    and ESPN 2 which already had Sports
  • 00:14:46
    Center and was available to millions of
  • 00:14:48
    homes it became clear that establishing
  • 00:14:50
    a sports network this L into the game
  • 00:14:51
    was going to be a gamble as the years
  • 00:14:53
    went on sports tonight and other
  • 00:14:55
    programs failed to boost viewership and
  • 00:14:56
    with ESPN and ESPN news ever expanding
  • 00:14:59
    dominance in market share it resulted in
  • 00:15:01
    low viewership and advertising Revenue
  • 00:15:03
    potential many have pointed out that CNN
  • 00:15:05
    Si's lack of Life Sports is the reason
  • 00:15:07
    for the low turnout so in a last ditch
  • 00:15:09
    effort to boost ratings the network
  • 00:15:11
    began airing live events in late 2001
  • 00:15:13
    including NASCAR qualifying races
  • 00:15:15
    Wimbleton matches lacrosse and women's
  • 00:15:17
    soccer although these additions
  • 00:15:18
    increased awareness some Executives
  • 00:15:20
    feared that broadcasting live sports
  • 00:15:22
    would lead to higher licensing and
  • 00:15:23
    operator fees yet this will be all
  • 00:15:25
    shortlived when on September 11th 2001
  • 00:15:28
    uh you can see where I'm going at
  • 00:15:30
    following the tragic aftermath of 911
  • 00:15:32
    the media landscape dramatically altered
  • 00:15:34
    how news was presented moving forward in
  • 00:15:36
    response CNN began scaling down on its
  • 00:15:38
    entertainment and non-news content
  • 00:15:40
    opting in for more hard news coverage as
  • 00:15:42
    a result shows like sports tonight moved
  • 00:15:44
    exclusively to CNN SI where it was
  • 00:15:46
    eventually canceled in 2002 after 22
  • 00:15:48
    years on the air the CNN SI website also
  • 00:15:51
    began featuring more news on the war on
  • 00:15:52
    terror given the circumstances this was
  • 00:15:55
    understandable but yeah it was clear
  • 00:15:56
    that CNN was heading in a New Direction
  • 00:15:58
    ultimately the post 911 shift along with
  • 00:16:00
    its poor viewership made CNN SI
  • 00:16:02
    unsustainable and in April of 2002 CNN
  • 00:16:05
    announced that CNN Sports Illustrated
  • 00:16:06
    would shut down by May 15th on their
  • 00:16:08
    last day on the air CNN Sports
  • 00:16:10
    Illustrated sign off with its Anor
  • 00:16:12
    stinking its viewers and repeating the
  • 00:16:13
    same episode of sports tonight until
  • 00:16:15
    midnight where it was followed with a
  • 00:16:16
    blue screen with text reading the owners
  • 00:16:18
    of CNN SI have stopped production of the
  • 00:16:20
    network and we regret that we can no
  • 00:16:22
    longer provide it to you while that
  • 00:16:24
    marked the end of CNN Sports Illustrated
  • 00:16:25
    as a TV network the CNN SI name would
  • 00:16:28
    remain on the website until the end of
  • 00:16:29
    2002 where it was later renamed to
  • 00:16:31
    sportsillustrated.com yet they will keep
  • 00:16:33
    the domain active until 2013 when the
  • 00:16:35
    partnership between Sports Illustrated
  • 00:16:36
    and CNN ended this was due to Turner
  • 00:16:39
    purchasing Bleacher Report and replacing
  • 00:16:40
    Sports Illustrated as their new go-to
  • 00:16:42
    platform for sports news and analysts a
  • 00:16:44
    role Bleacher Report continues to fill
  • 00:16:46
    today and has expanded on in my opinion
  • 00:16:48
    I think if the channel didn't have the
  • 00:16:49
    CNN name plaster to it it might have
  • 00:16:51
    been a bigger success because when
  • 00:16:52
    people think of CNN they think of news
  • 00:16:54
    not Sports I think if they stuck with
  • 00:16:56
    like Turner Sports or TNT maybe it would
  • 00:16:58
    have had a better chance of success also
  • 00:17:00
    the name is kind of dumb CNN SII at
  • 00:17:02
    first glance I thought this was like a
  • 00:17:03
    Spanish
  • 00:17:05
    Network hi please excuse the mess we're
  • 00:17:08
    about to launch Cable's newest Network
  • 00:17:11
    it's America's talking the first all
  • 00:17:13
    Talk network dedicated to what America
  • 00:17:15
    is talking about let's take a break from
  • 00:17:17
    all the CNN and talk about another
  • 00:17:19
    Channel America's talking while this was
  • 00:17:21
    not technically a full-on news channel
  • 00:17:23
    America's talking offered a unique form
  • 00:17:24
    of commentary and conversation that
  • 00:17:26
    would be replicated by other networks
  • 00:17:27
    later on of a talk-based network this
  • 00:17:30
    CNBC spin-off launched on July 4th 1994
  • 00:17:33
    and served as a platform for various
  • 00:17:34
    talk shows covering Health news
  • 00:17:36
    relationships interviews and whatever
  • 00:17:38
    was on people's minds and would be the
  • 00:17:40
    launching path for many in anchors like
  • 00:17:42
    Chris Matthews Sean Hannity and Bill
  • 00:17:44
    O'Reilly what viewers found unique about
  • 00:17:46
    America's talking was that they could
  • 00:17:47
    interact with live broadcast by phoning
  • 00:17:49
    faxing or emailing their questions and
  • 00:17:51
    comments this gave the network a raw
  • 00:17:53
    authentic Vibe which honestly led to
  • 00:17:54
    some insane moments and Todd from
  • 00:17:56
    Virginia says it means I get to spend
  • 00:17:58
    some qu quity time with my sweetheart
  • 00:18:00
    what do you think about that Josh what
  • 00:18:02
    would make your Valentine's Day perfect
  • 00:18:04
    well hello yes hi Josh I sort of uh did
  • 00:18:08
    something really bad today you did yeah
  • 00:18:11
    my girlfriend got really mad at me and I
  • 00:18:13
    think she's mad I sort of ran over her
  • 00:18:16
    cat with my car
  • 00:18:18
    no and she like threw me out of the
  • 00:18:20
    house and she got so mad
  • 00:18:23
    and I just like to say I love you
  • 00:18:26
    honey well Josh I hope it that's a
  • 00:18:29
    that's a story for a soap opera I'm I'm
  • 00:18:32
    really sorry about that I ran over a
  • 00:18:34
    duck one time on uh my daughter's
  • 00:18:36
    birthday and I'm she'll never let me
  • 00:18:38
    forget it uh we have uh Wanda from New
  • 00:18:41
    York is calling in poor guy ran over his
  • 00:18:43
    girlfriend's cat Roger ALS who was then
  • 00:18:46
    president of CNBC at the time would be
  • 00:18:48
    the man behind America's talking and
  • 00:18:49
    wanted the network to be the cable
  • 00:18:51
    television version to talk radio
  • 00:18:52
    providing a platform for average viewers
  • 00:18:54
    to engage with host on a wide variety of
  • 00:18:56
    topics from lighthearted to
  • 00:18:57
    controversial while the network had no
  • 00:18:59
    trouble attracting colors and viewers it
  • 00:19:01
    did struggle with low viewership as a
  • 00:19:03
    result NBC would look for new ways to
  • 00:19:05
    revamp the network and by mid 1995 they
  • 00:19:08
    had announced a $220 million investment
  • 00:19:10
    from Microsoft for a 50-50 joint venture
  • 00:19:12
    to launch a 24-hour Cable News Channel
  • 00:19:15
    where by December it was revealed as
  • 00:19:17
    MSNBC and was set to replace America's
  • 00:19:19
    talking within 6 months and well let's
  • 00:19:21
    just say ALS didn't take the news of
  • 00:19:23
    this lightly as a matter of fact it was
  • 00:19:25
    this that ended his 20-year run at NBC
  • 00:19:28
    believing his control had been
  • 00:19:29
    diminished just a few weeks after the
  • 00:19:30
    announcement of MSNBC alss resigned from
  • 00:19:33
    his position as president of CNBC where
  • 00:19:35
    shortly thereafter he would go on to
  • 00:19:36
    partner with rubert mardock to create
  • 00:19:38
    the Fox News Channel so yeah make with
  • 00:19:41
    that information as you will I should
  • 00:19:42
    also mention that 3 months before als's
  • 00:19:44
    resigned NBC hired a law firm to conduct
  • 00:19:46
    an internal investigation after
  • 00:19:48
    allegations surfaced that alss had
  • 00:19:50
    called Zen NBC executive David zaslav a
  • 00:19:57
    little um that was uh that was really
  • 00:20:00
    bad gez even in the 90s zaz laugh had
  • 00:20:03
    his critics NBC meanwhile moved forward
  • 00:20:05
    with its plans to Rebrand the channel
  • 00:20:07
    and so on July 15th 1996 NBC rebranded
  • 00:20:10
    the channel to MSNBC replacing America's
  • 00:20:13
    talking after over 2 years if you
  • 00:20:15
    haven't watched the other episode of
  • 00:20:16
    discontinued Nostalgia I briefly touched
  • 00:20:18
    upon msnbc's early days where it was
  • 00:20:20
    more focused on a Tex heavy audience
  • 00:20:22
    however after the Channel's news
  • 00:20:24
    coverage of Princess Diana's death
  • 00:20:25
    brought in strong ratings MSNBC shifted
  • 00:20:27
    away from techbase news and it was this
  • 00:20:29
    pivot that eventually created space for
  • 00:20:31
    what would become tech TV in 1998 which
  • 00:20:33
    will later be purchased by G4 if you
  • 00:20:35
    haven't seen that and want to know more
  • 00:20:37
    about it go check it out link will be in
  • 00:20:38
    the description if you want to know how
  • 00:20:40
    to make the most of your money there's
  • 00:20:41
    only one place to turn TNN FN TNN FN the
  • 00:20:45
    howto network for all things money CNN
  • 00:20:49
    financial Network or CNN FN for sure was
  • 00:20:51
    a financial channel that lasted only 9
  • 00:20:53
    years and is similar to other Financial
  • 00:20:54
    networks like CNBC and Bloomberg but
  • 00:20:57
    saying that they're similar is putting
  • 00:20:58
    it politely while the financial news
  • 00:20:59
    network revolutionized the way Finance
  • 00:21:01
    was presented on TV CNN FN took it to
  • 00:21:04
    another level not just on TV but in the
  • 00:21:06
    online sector one of CNN fn's pioneering
  • 00:21:09
    achievement was becoming the first
  • 00:21:10
    Network to offer an automatic onair
  • 00:21:12
    stock ticker with real-time stock prices
  • 00:21:14
    although CNBC and fnn had already
  • 00:21:16
    introduced stock tickers CNN FN system
  • 00:21:19
    was different it used an engine that
  • 00:21:20
    automatically selected and displayed the
  • 00:21:22
    most relevant stocks in real time
  • 00:21:23
    compared to other networks which had to
  • 00:21:25
    enter the numbers manually in addition
  • 00:21:27
    CNN FN made significant strides with its
  • 00:21:29
    website cnnfn.com featured an array of
  • 00:21:32
    tools that other Financial websites of
  • 00:21:34
    the time such as Yahoo finance and
  • 00:21:35
    market watch did not offer the site
  • 00:21:37
    would be one of the first if not the
  • 00:21:39
    first websites to offer a stock quote
  • 00:21:41
    engine this was not only a massive step
  • 00:21:43
    forward for the evolution of the
  • 00:21:44
    internet but how Finance was researched
  • 00:21:46
    for everyday people before cnnfn tools
  • 00:21:48
    like these were primarily available to
  • 00:21:49
    financial firms so having the ease of
  • 00:21:51
    access to this information would give
  • 00:21:53
    birth to a whole new generation of
  • 00:21:54
    investors in 1997 CNN FN became even
  • 00:21:58
    more groundbreaking by offering live on
  • 00:22:00
    demand Web video to complement its
  • 00:22:02
    financial news broadcast using web
  • 00:22:03
    leader 2 technology from VX stream
  • 00:22:05
    Incorporated while web streaming now
  • 00:22:07
    sounds commonplace back in 1997 it was
  • 00:22:09
    an untapped Market as few people had yet
  • 00:22:11
    realized the potential of online video
  • 00:22:13
    streaming although many assumed that Ted
  • 00:22:15
    Turner was the genius behind CNN FN
  • 00:22:16
    since he was the one who created both
  • 00:22:18
    headline news and CNN the credit
  • 00:22:20
    actually goes to Lou dos he might be
  • 00:22:22
    seen as a controversial figure now I'm
  • 00:22:23
    sure he has his critics but it's worth
  • 00:22:25
    acknowledging his historical role in
  • 00:22:26
    shaping CNN fn's Legacy plus he's dead
  • 00:22:29
    who really cares let's continue dobs has
  • 00:22:31
    been with CNN since his assumtion in
  • 00:22:33
    1980 and played a key role with its
  • 00:22:35
    success he held several executive
  • 00:22:36
    positions and anchored one of the
  • 00:22:37
    Network's early hits money line which
  • 00:22:39
    was later renamed to lud dobs tonight he
  • 00:22:42
    remained with CNN until 2009 when he was
  • 00:22:44
    let go for a well let's just say a bunch
  • 00:22:45
    of stuff that I won't get into let's go
  • 00:22:47
    back to 1995 after 15 years of working
  • 00:22:49
    together at CNN dos became questioning
  • 00:22:51
    the Network's Direction and even
  • 00:22:52
    threatened to leave according to variety
  • 00:22:54
    Roger ALS the guy we mentioned earlier
  • 00:22:56
    with America's talking came close to
  • 00:22:58
    learning dos away from CNN and in order
  • 00:23:00
    to keep dobs Turner essentially gave him
  • 00:23:02
    his own network to run CNN FN as
  • 00:23:04
    Reckless as that sounds for any company
  • 00:23:06
    dobs had a vision for presenting
  • 00:23:07
    financial news on an entirely different
  • 00:23:09
    level soon enough the main CNN channels
  • 00:23:11
    would start implementing features that
  • 00:23:13
    CNN FN did first like having Graphics
  • 00:23:15
    covering the entire screen in the long
  • 00:23:16
    term initially CNN FN aired 14 hours of
  • 00:23:19
    daily programming mostly during the
  • 00:23:21
    business hours by 1997 due to pressure
  • 00:23:23
    from dos and competition from CNBC cnnfn
  • 00:23:26
    expanded to over 18 hours a day on the
  • 00:23:29
    surface the expansion seemed like a sign
  • 00:23:30
    of the Network's success but behind the
  • 00:23:32
    scenes tensions were Brewing to put it
  • 00:23:34
    simply Lou dos and then president of CNN
  • 00:23:36
    Rick Kaplan had what one executive
  • 00:23:38
    labeled quote creative differences with
  • 00:23:40
    management the two will continue
  • 00:23:42
    clashing with each other for the next
  • 00:23:43
    two years when on April 20th 1999 it
  • 00:23:46
    will get to a boiling point tragically
  • 00:23:48
    this day is remembered for the Coline
  • 00:23:49
    high school massacre as expected CNN
  • 00:23:52
    along with other news outlets were
  • 00:23:53
    covering this tragedy yet for some
  • 00:23:55
    reason and I still continue to wrap my
  • 00:23:57
    head on why he thought this was a
  • 00:23:58
    goodidea idea dobs whose show is
  • 00:23:59
    interrupted by President Clinton's
  • 00:24:01
    speech in Littleton Colorado following
  • 00:24:03
    the massacre ordered his producers to
  • 00:24:05
    cut away from the president's address
  • 00:24:06
    and return to money line however Kaplan
  • 00:24:08
    overruled dos insisting that CNN stay
  • 00:24:10
    with the president's speech in response
  • 00:24:13
    do looked directly into the camera and
  • 00:24:14
    told the audience CNN president Rick
  • 00:24:16
    Kaplan wants us to return to Littleton
  • 00:24:18
    just weeks after this incident dobs
  • 00:24:20
    announced his departure from CNN a few
  • 00:24:22
    months later he will go on to
  • 00:24:23
    createspace.com a publication focused on
  • 00:24:25
    Space news and whatnot by the way I've
  • 00:24:27
    tried looking for of footage of the L
  • 00:24:29
    dos Columbine incident but haven't been
  • 00:24:30
    able to find it many sources claim that
  • 00:24:32
    it did happen so it's not like it's some
  • 00:24:34
    sort of hoax but you'd think that A
  • 00:24:35
    Moment Like This would be captured by at
  • 00:24:37
    least one person but considering the
  • 00:24:39
    sensitive subject matter I'm not sure
  • 00:24:41
    whether it's worth pursuing any further
  • 00:24:43
    back on the topic of cnnfn as terrible
  • 00:24:45
    as I am for linking this tragedy to the
  • 00:24:47
    Network's decline Do's departure from
  • 00:24:48
    CNN had a significant impact on its
  • 00:24:50
    future and contributed to its downward
  • 00:24:52
    decline it's also important to note that
  • 00:24:54
    dos had wanted CNN FN to operate
  • 00:24:56
    independently from the larger Time
  • 00:24:57
    Warner glomerate but those Ambitions
  • 00:25:00
    were stifled in the events of lud's
  • 00:25:02
    leaving this would be followed by David
  • 00:25:03
    Borman Executive Vice President for CNN
  • 00:25:06
    FN to be fired by CNN's top Executives
  • 00:25:08
    who will quickly get replaced by Terell
  • 00:25:10
    Ryan another high-profile employee who
  • 00:25:12
    oversaw other parts of the CNN umbrella
  • 00:25:14
    and it was under her leadership that CNN
  • 00:25:16
    FN started to become an afterthought
  • 00:25:18
    throughout the next few years CNN FN
  • 00:25:20
    would have a few significant changes
  • 00:25:22
    including overhauling its weekday
  • 00:25:23
    schedule as well as integrating CNN FN
  • 00:25:25
    content into CNN's regular schedule by
  • 00:25:28
    Sim Dem casting certain Financial
  • 00:25:29
    programs across both networks this was
  • 00:25:31
    an effort to help build the Network's
  • 00:25:33
    visibility because CNN FN has struggled
  • 00:25:35
    to gain traction as a TV News Network
  • 00:25:37
    this is despite having a top of the
  • 00:25:38
    notch website but even the strength of
  • 00:25:40
    its online presence would soon start to
  • 00:25:42
    shift in January 2001 Time Warner wait
  • 00:25:45
    oh I'm sorry AOL Time Warner excuse me
  • 00:25:48
    announced that CNN FN will be rebranded
  • 00:25:50
    as CNN money to focus more on the
  • 00:25:52
    mainstream financial news personal
  • 00:25:54
    finance and small business coverage this
  • 00:25:56
    transition would also incorporate
  • 00:25:57
    resources from magazines like fortune
  • 00:25:59
    and money just 9 months later cnnfn.com
  • 00:26:02
    would become money.cnn.com while it
  • 00:26:05
    seemed like the end of cnnfn the idea to
  • 00:26:07
    Rebrand the TV channel itself was
  • 00:26:08
    scrapped and the CNN FN name remained on
  • 00:26:11
    the cable network oddly enough L dos had
  • 00:26:13
    returned to CNN following with kaplan's
  • 00:26:15
    departure however rather than attempting
  • 00:26:17
    to save the network he helped create he
  • 00:26:19
    probably knew its fate was sealed and
  • 00:26:21
    with instead focus on his hosting duties
  • 00:26:22
    on money line by this point CNBC had
  • 00:26:25
    firmly established itself as the leading
  • 00:26:27
    financial news Channel with around a
  • 00:26:29
    ballpark estimate of 80 million cable
  • 00:26:30
    subscribers compared to CNN fn's 30
  • 00:26:33
    million in October of 2004 CNN announced
  • 00:26:36
    that CNN FN would be shut down by mid
  • 00:26:38
    December just short of its 9-year
  • 00:26:40
    anniversary while the financial network
  • 00:26:42
    was no more CNN money would become the
  • 00:26:44
    primary Financial hub for the CNN brand
  • 00:26:46
    where it would later be renamed to CNN
  • 00:26:48
    business in 2018 and continues to
  • 00:26:50
    operate to this very day CNN FN honestly
  • 00:26:53
    seemed like it had a lot of potential
  • 00:26:55
    right from the very beginning the
  • 00:26:56
    service had introduced several
  • 00:26:57
    innovative features that would make
  • 00:26:59
    investing far more accessible than fnn
  • 00:27:01
    or CNBC ever did from an automatic stock
  • 00:27:04
    tier to having online video in 1997
  • 00:27:07
    however due to the buding of heads
  • 00:27:08
    between dos and Kaplan it eventually led
  • 00:27:10
    to dobs leaving and half people who
  • 00:27:12
    didn't know how to operate a financial
  • 00:27:13
    Channel run into the ground at least you
  • 00:27:15
    could say CNN business is doing far
  • 00:27:17
    better than CNN FN ever did introducing
  • 00:27:21
    newset good morning and thanks for
  • 00:27:22
    joining us here on newset the 24/7 News
  • 00:27:25
    Channel that brings back news as it used
  • 00:27:27
    to be here we have a modern attempt at a
  • 00:27:29
    startup News company Newsnet Newsnet was
  • 00:27:33
    not a news channel but rather a free to
  • 00:27:35
    a TV network that aired on local
  • 00:27:36
    stations similar to other networks like
  • 00:27:38
    CW my network TV or the big four
  • 00:27:41
    stations the channel operated 24/7 and
  • 00:27:43
    emphasized presenting the news in a
  • 00:27:45
    straightforward nonpartisan manner the
  • 00:27:47
    idea behind newset came from Eric
  • 00:27:49
    gutilla a broadcast entrepreneur with
  • 00:27:51
    several years of experience in 2011 he
  • 00:27:54
    launched wnn my news 26 at the age of 22
  • 00:27:58
    God damn what am I doing with my life
  • 00:28:00
    building it from the ground up my news
  • 00:28:01
    provided continuous local news coverage
  • 00:28:03
    in the area and was recognized for its
  • 00:28:05
    innovative approach to delivering
  • 00:28:06
    Regional news effectively in addition to
  • 00:28:08
    his work at my news26 he established the
  • 00:28:11
    format of News Channel Nebraska a local
  • 00:28:13
    news network spaning seven TV stations
  • 00:28:15
    so yeah you could tell this guy had a
  • 00:28:17
    lot of ambition for what he did this
  • 00:28:19
    hard work would result in some
  • 00:28:20
    recognition including two Emy
  • 00:28:22
    nominations and the LP TV station of the
  • 00:28:24
    Year Award presented at the National
  • 00:28:25
    Association of broadcasters Expo in Las
  • 00:28:27
    Vegas with his Acclaim WIA aimed to take
  • 00:28:30
    his vision to the next level by making
  • 00:28:31
    it nationwide in 2017 he launched a
  • 00:28:33
    Kickstarter campaign to jumpstart newset
  • 00:28:35
    under the working title of local news
  • 00:28:38
    network now the reason they decided to
  • 00:28:39
    do a Kickstarter instead of a oh I don't
  • 00:28:41
    know going to a bank for a loan was that
  • 00:28:43
    they wanted to maintain control within
  • 00:28:45
    the team rather than having a board of
  • 00:28:47
    external decision makers luckily for me
  • 00:28:49
    the kickstarter goes into great detail
  • 00:28:51
    about how this would have worked lnn
  • 00:28:53
    would follow a news wheel format
  • 00:28:55
    updating stories every 30 minutes in a
  • 00:28:56
    quick consumable fashion if that sounds
  • 00:28:59
    familiar basically it's the same format
  • 00:29:00
    as headline news and Satellite News
  • 00:29:02
    Network where it will straight to the
  • 00:29:04
    facts and no [ __ ] allegedly the goal
  • 00:29:07
    was to create an integral and honest
  • 00:29:09
    Network compared to other Legacy Media
  • 00:29:10
    channels which in recent years have
  • 00:29:12
    started becoming personality based with
  • 00:29:14
    host having strong often extreme
  • 00:29:15
    opinions while starting a satellite News
  • 00:29:17
    Network in the late 2010s already sounds
  • 00:29:19
    like a backwards decision they at least
  • 00:29:20
    had the digital feature in mind Not only
  • 00:29:23
    would it be on antenna but the new
  • 00:29:24
    platform would also be available on
  • 00:29:26
    streaming service Distributors like Roku
  • 00:29:27
    and TV and include a mobile app for IOS
  • 00:29:30
    and Android another futuristic feature
  • 00:29:32
    of Newsnet was its plan to offer
  • 00:29:33
    localized broadcast for different
  • 00:29:35
    regions allowing viewers to receive
  • 00:29:37
    region specific news that means if you
  • 00:29:39
    live in Ohio you will receive headlines
  • 00:29:40
    related to Ohio and the Midwest before
  • 00:29:42
    getting Regional headlines while viewers
  • 00:29:45
    on the west coast would see Western
  • 00:29:46
    headlines first now while the team
  • 00:29:48
    behind this passion project looked like
  • 00:29:50
    their hearts were in the right place the
  • 00:29:51
    kickstarter wouldn't even get close to
  • 00:29:53
    it $100,000 goal instead it only managed
  • 00:29:55
    to raise a little over $88,000 from $78
  • 00:29:58
    backers whack however this setback did
  • 00:30:01
    not deter Eric gutilla and his team
  • 00:30:03
    after several months of Silence in March
  • 00:30:05
    of 2018 it was announced that the 24/7
  • 00:30:07
    news channel would move forward under
  • 00:30:09
    the new name Newsnet and maintain the
  • 00:30:11
    same concept developed for lnn Newsnet
  • 00:30:13
    would officially launch on New Year's
  • 00:30:15
    Day 2019 with its inaugural programming
  • 00:30:17
    being Evening Edition although the
  • 00:30:19
    network started slowly with one studio
  • 00:30:20
    in Michigan it gradually expanded adding
  • 00:30:22
    new Studios to oversee operations for
  • 00:30:24
    Newsnet by late 2019 Newsnet had secured
  • 00:30:27
    additional Affiliates in various regions
  • 00:30:29
    across the United States including wbn
  • 00:30:32
    in Alban New York wncr in Raleigh North
  • 00:30:34
    Carolina and K and Palm Springs
  • 00:30:37
    California along other smaller stations
  • 00:30:39
    it seemed like Newsnet was actually
  • 00:30:41
    making significant progress yet as you
  • 00:30:43
    already know the co pandemic had
  • 00:30:45
    unfolded news neck continued operations
  • 00:30:48
    but faced Financial pressures to adapt
  • 00:30:50
    they partnered with Coastal televisions
  • 00:30:51
    ABC and fox stations in Anchorage and
  • 00:30:53
    Fairbanks Alaska producing newscasts to
  • 00:30:56
    support those stations ad mid Coastal
  • 00:30:58
    financial difficulties the agreement
  • 00:31:00
    soon expanded to include their Wyoming
  • 00:31:01
    stations in Casper and Chyenne further
  • 00:31:04
    solidifying news Net's presence however
  • 00:31:06
    as the pandemic's impact began to cool
  • 00:31:08
    down in early 2022 Cal ended their
  • 00:31:10
    agreements after acquiring news Hub from
  • 00:31:12
    Waypoint media allowing them to bring
  • 00:31:14
    newscast production in housee later that
  • 00:31:17
    year Mary broadcasting signed an
  • 00:31:18
    agreement with Newsnet for their Georgia
  • 00:31:20
    stations in mancon and tocoa to produce
  • 00:31:23
    a 900 p.m. newscast titled Georgia's
  • 00:31:25
    news at 9: however the agreement was
  • 00:31:27
    shorted mccon as great television
  • 00:31:29
    acquired the station and moved newscast
  • 00:31:31
    production to WF TV similarly the tcoa
  • 00:31:34
    production concluded in 2023 when
  • 00:31:36
    Marquee broadcasting and Newsnet ended
  • 00:31:38
    their partnership while these
  • 00:31:39
    Partnerships ended so quickly it was
  • 00:31:41
    mainly due to what will happen next in
  • 00:31:43
    January of 2022 Newsnet would see new
  • 00:31:45
    management when investor Manor barava
  • 00:31:48
    acquired the network and its Flagship
  • 00:31:50
    stations if that name doesn't sound
  • 00:31:51
    familiar it's the guy who founded 5H
  • 00:31:53
    Hour Energy which had become the most
  • 00:31:55
    popular Energy Shot brands in the US so
  • 00:31:57
    yeah this guy was hella Rich which is
  • 00:31:59
    good because Newsnet was struggling to
  • 00:32:00
    gain money since the beginning as part
  • 00:32:02
    of the transaction Eric gutilla would
  • 00:32:04
    retain only a 10% ownership stake in the
  • 00:32:06
    company whereas barava owned 90%
  • 00:32:09
    following this acquisition barava
  • 00:32:11
    invested an additional 50 million to
  • 00:32:13
    advance the network focusing on
  • 00:32:15
    cost-effective solutions for
  • 00:32:16
    broadcasters and carriers these
  • 00:32:18
    Solutions included localized newscast
  • 00:32:20
    and weather reports features initially
  • 00:32:21
    proposed in the kickstarter campaign
  • 00:32:23
    adding to the Network's growth newset
  • 00:32:25
    introduced a new logo with the slogan
  • 00:32:27
    news as it used to be veteran news
  • 00:32:29
    producer Phil Hendrick whose career
  • 00:32:31
    spans back to the 1990s would join the
  • 00:32:33
    network and become the new news director
  • 00:32:35
    bringing his experience to reshape the
  • 00:32:37
    network schedule under Hendrick's
  • 00:32:39
    leadership programming was reorganized
  • 00:32:41
    and a new weekend news broadcast was
  • 00:32:42
    added to recap the week's top stories in
  • 00:32:45
    2022 Newsnet also launched a sports
  • 00:32:47
    counterpart sports news highlight which
  • 00:32:49
    featured clips of major and Niche sports
  • 00:32:51
    events without the typical analysis seen
  • 00:32:53
    on networks like ESPN or Fox Sports
  • 00:32:56
    while it seemed that Newsnet was rapidly
  • 00:32:57
    growing growing uh well in an unexpected
  • 00:33:00
    turn of events on August 2nd 2024 Mano
  • 00:33:03
    barava decided to shut down Newsnet and
  • 00:33:06
    its sports news counterpart after just 2
  • 00:33:08
    years of ownership barava stated that
  • 00:33:10
    the anticipated interest in a clean
  • 00:33:11
    unbiased News Network did not
  • 00:33:13
    materialize quote we believe people
  • 00:33:15
    wanted to watch a clean non-biased
  • 00:33:17
    network but we were wrong what are you
  • 00:33:20
    talking about what for as recent as this
  • 00:33:22
    network is I've never heard of it were
  • 00:33:24
    there even any in
  • 00:33:26
    Chicago uh okay it says there were three
  • 00:33:28
    in Illinois but uh two of them like
  • 00:33:30
    existed for like a year so yeah that
  • 00:33:32
    probably explains it he adds on to say
  • 00:33:35
    that the decision was driven by the
  • 00:33:36
    Network's lack of dedicated audience
  • 00:33:38
    despite having top talent and dedicated
  • 00:33:40
    staff giving it their all they simply
  • 00:33:41
    couldn't continue to operate at a loss
  • 00:33:44
    advertising costs were also another
  • 00:33:45
    critical factor in the decision to shut
  • 00:33:47
    down Newsnet around the time barava
  • 00:33:49
    purchased the channel advertising
  • 00:33:51
    expenses had increased by over 50% this
  • 00:33:53
    financial strain along with the lack of
  • 00:33:55
    audience would be the reason for the
  • 00:33:56
    Network's fast Dem and subsequent layoff
  • 00:33:58
    of 80 employees the mission of Newsnet
  • 00:34:01
    was certainly admirable and based on its
  • 00:34:03
    available archives the network really
  • 00:34:05
    made a commendable effort to deliver
  • 00:34:06
    news in a non-biased manner staying true
  • 00:34:09
    to their
  • 00:34:12
    promise before we continue guys just
  • 00:34:14
    want to give a quick shout out to my
  • 00:34:16
    patreon members your continued support
  • 00:34:17
    really helps fund the channel so I can
  • 00:34:19
    thank you guys enough if you want to
  • 00:34:20
    help support the channel you can always
  • 00:34:22
    become a patron on patreon anyways back
  • 00:34:24
    to the video
  • 00:34:30
    [Music]
  • 00:34:40
    talk about a massive fail while many
  • 00:34:41
    would chock up CNN Plus's quick demise
  • 00:34:43
    to CNN bad CNN cringe CNN fake news the
  • 00:34:46
    reality of it is a bit more complicated
  • 00:34:48
    to put it simply its downfall was
  • 00:34:50
    attributed due to a combination of poor
  • 00:34:51
    timing firings and launching in the
  • 00:34:53
    midst of a merger between two
  • 00:34:54
    conglomerations with that said let's
  • 00:34:56
    wrap up this video by not talking about
  • 00:34:57
    a TV channel but rather a streaming
  • 00:34:59
    service and is own by a TV channel CNN
  • 00:35:04
    plus CNN plus was first announced on
  • 00:35:07
    July 19th 2021 and was originally meant
  • 00:35:09
    as a huge deal for the CNN brand top
  • 00:35:11
    Executives like Jeff Zucker and Andrew
  • 00:35:12
    Morris would described the new service
  • 00:35:14
    as quote the start of a new era and the
  • 00:35:16
    most important launch for CNN since Ted
  • 00:35:18
    Turner started the network in June of
  • 00:35:20
    1980 they were just as hype as WWE when
  • 00:35:23
    they lunch their own streaming service
  • 00:35:24
    except you know that was kind of a
  • 00:35:26
    success according to CNN the new service
  • 00:35:28
    would offer 8 to 12 hours of live
  • 00:35:30
    programming daily alongside original
  • 00:35:32
    series interactive features and content
  • 00:35:34
    from the Network's archives I wonder
  • 00:35:36
    what they mean by that like original
  • 00:35:37
    documentaries or national tragedies
  • 00:35:39
    could viewers watch the Challenger
  • 00:35:41
    explode in 4k is what I'm trying to say
  • 00:35:43
    mors emphasize that CNN plus would
  • 00:35:45
    feature exclusive content not available
  • 00:35:46
    on the main Channel hoping that it could
  • 00:35:48
    expand on topics like climate change and
  • 00:35:50
    science subscribers could also interact
  • 00:35:52
    with CNN personalities so if you wanted
  • 00:35:54
    to tell Anderson Cooper he had a weird
  • 00:35:55
    laugh you could sorry
  • 00:36:00
    CNN would go all in with this service
  • 00:36:02
    investing over $300 million for original
  • 00:36:04
    programming and creating $450 new jobs
  • 00:36:06
    which included producers engineers and
  • 00:36:08
    marketers along with this High goal in
  • 00:36:10
    mind they brought in anchors from the
  • 00:36:12
    main Channel such as Wolf Blitzer Jake
  • 00:36:14
    Tapper Anderson Cooper and fared Zakaria
  • 00:36:16
    to host their own shows for the service
  • 00:36:17
    they would even go as far to scalp
  • 00:36:19
    Talent from other news organizations
  • 00:36:21
    including NBC's Cassie hunt and Fox News
  • 00:36:23
    is Chris Wallace who had left hosting a
  • 00:36:25
    Sunday Morning Show for 18 years and as
  • 00:36:27
    often regarded as one of the few Fox
  • 00:36:29
    News anchors who is actually impartial
  • 00:36:30
    and respected a rare cnnw with the
  • 00:36:33
    support from Warner media CNN believed
  • 00:36:35
    that it could revolutionize paid news
  • 00:36:37
    streaming the same way it did with cable
  • 00:36:38
    news in the 1980s and online news in the
  • 00:36:41
    9s however CNN plus was Doom from the
  • 00:36:44
    start a month before his announcement in
  • 00:36:45
    July of 2021 headlines began to emerge
  • 00:36:47
    about a possible merger between Warner
  • 00:36:49
    media and Discovery Inc as with many
  • 00:36:51
    mergers corporate shakeups often lead to
  • 00:36:53
    changes in plans and operations and CNN
  • 00:36:55
    plus was no exception to make matters
  • 00:36:57
    worse just 2 months before the service
  • 00:36:59
    launch CNN president Jeff Zucker
  • 00:37:01
    resigned from his position surprisingly
  • 00:37:03
    this wasn't the result of the upcoming
  • 00:37:04
    merger instead Zucker stepped down after
  • 00:37:06
    failing to disclose a romantic
  • 00:37:07
    relationship with another senior
  • 00:37:09
    executive at CNN I was wrong Zucker
  • 00:37:12
    wrote with Zucker out of the picture the
  • 00:37:14
    long-term vision for CNN plus was
  • 00:37:16
    essentially up in the air 3 weeks after
  • 00:37:18
    his resignation CNN found a successor in
  • 00:37:20
    Chris lick whose own tenure at CNN would
  • 00:37:23
    be even shorter than Zucker as the
  • 00:37:24
    merger between Warner media and
  • 00:37:26
    Discovery Inc neared complet the future
  • 00:37:28
    CEO of wbd David zlab along with it
  • 00:37:31
    discoveries leaders were already
  • 00:37:32
    skeptical of CNN plus despite that they
  • 00:37:35
    were willing to give CNN plus an
  • 00:37:36
    opportunity to see if it could surpass
  • 00:37:38
    their initial low expectations that
  • 00:37:40
    being said on March 29th 2022 CNN plus
  • 00:37:43
    would finally launch at $5.99 a month or
  • 00:37:45
    $59.99 per year early subscribers who'd
  • 00:37:49
    signed up within the first four weeks
  • 00:37:50
    will have access to the quote deal of a
  • 00:37:52
    lifetime which is 50% off the monthly
  • 00:37:54
    plan for life as long as they remain
  • 00:37:55
    subscribed to the service you think
  • 00:37:57
    would an offer that good you'd have
  • 00:37:59
    millions sign up for the service well
  • 00:38:01
    within the first week it was reported by
  • 00:38:03
    Bloomberg that CNN plus had only 100,000
  • 00:38:06
    subscribers within the first week with
  • 00:38:07
    only one tenth of those users engaging
  • 00:38:09
    on a daily basis and while that number
  • 00:38:11
    isn't bad God damn I'd killed for
  • 00:38:13
    100,000 subscribers for a legacy brand
  • 00:38:15
    like CNN it was a shocking statistic
  • 00:38:17
    they expected 2 million people to
  • 00:38:19
    subscribe to this in the first year and
  • 00:38:21
    were aiming for 15 to 18 million after
  • 00:38:23
    the first four years because of the low
  • 00:38:25
    turnout investment for the service was
  • 00:38:26
    drastically cut at launch CNN plus
  • 00:38:29
    received a lukewarm response the service
  • 00:38:31
    simply lacked any reason to watch I'm
  • 00:38:33
    not going to go in depth on any of these
  • 00:38:34
    shows because honestly who cares at this
  • 00:38:36
    point but to sum it up most of the shows
  • 00:38:38
    were magazine style programs featuring
  • 00:38:39
    CNN personalities offering light news
  • 00:38:42
    coverage and interviews which kind of
  • 00:38:44
    makes CNN plus sound like a repackaged
  • 00:38:45
    version of CNN airport this is just my
  • 00:38:48
    speculation but considering that CNN
  • 00:38:50
    plus was announced shortly after the
  • 00:38:51
    airport service Clos it just gives the
  • 00:38:54
    illusion that this was almost like a
  • 00:38:55
    successor of some sorts but that's just
  • 00:38:57
    my theory perhaps one of the biggest
  • 00:38:59
    drawbacks was the lack of having live
  • 00:39:00
    CNN coverage although never promised
  • 00:39:02
    you'd at least expect live TV in some
  • 00:39:04
    form I mean for example you have
  • 00:39:06
    services like CBS or NBC that offer some
  • 00:39:09
    form of 24/7 live coverage and for free
  • 00:39:11
    too so I just don't see why they didn't
  • 00:39:13
    do it most of the pr CNN plus received
  • 00:39:15
    came from the fact that it was at free
  • 00:39:16
    but again nobody really cared for this
  • 00:39:18
    content I guess the archival library is
  • 00:39:20
    cool the only thing I found interesting
  • 00:39:22
    where Larry King interviews but even I
  • 00:39:23
    don't think that was worth $6 a month
  • 00:39:25
    overall there's really no reason for you
  • 00:39:27
    to get this unless you were a super fan
  • 00:39:28
    of CNN and let's face it there weren't
  • 00:39:30
    really that many to begin with after
  • 00:39:32
    just 3 weeks CNN plus peaked at around
  • 00:39:34
    150,000 subscribers with Warner's
  • 00:39:37
    Discovery now fully operational the
  • 00:39:39
    company had plans to merge Discovery
  • 00:39:41
    plus and HBO Max into one unified
  • 00:39:43
    streaming service unfortunately CNN plus
  • 00:39:45
    was deemed incompatible with that vision
  • 00:39:47
    and so on April 21st it was announced
  • 00:39:49
    that CNN plus would be shutting down as
  • 00:39:51
    mentioned at the beginning of the entry
  • 00:39:53
    CNN plus had several obstacles ahead of
  • 00:39:55
    its launch that quickly killed the
  • 00:39:56
    service the first first blow came when
  • 00:39:58
    Jeff Zucker the Project's driving force
  • 00:40:00
    left CNN just before the launch leaving
  • 00:40:02
    the service without any clear Direction
  • 00:40:04
    the content was also problematic with no
  • 00:40:06
    live news coverage the platform was left
  • 00:40:08
    with shows that didn't attract much
  • 00:40:10
    interest I mean who really wants to see
  • 00:40:11
    Parental Guidance with Anderson Cooper
  • 00:40:13
    or the dawn lemon show I don't even know
  • 00:40:15
    what that is next the merger between
  • 00:40:17
    Warner media and Discovery further
  • 00:40:19
    complicated things while Warner media
  • 00:40:20
    were rooting for the service's success
  • 00:40:22
    the people over at Discovery were
  • 00:40:23
    skeptical about it and with its low
  • 00:40:25
    subscription rate CNN Plus Executives
  • 00:40:28
    expected the streaming service to
  • 00:40:29
    surpass the cable Network's $500 million
  • 00:40:31
    profit within a decade and I just think
  • 00:40:33
    it was that long expectancy that made
  • 00:40:35
    cutting losses seem wise lastly though
  • 00:40:37
    not directly responsible for its failure
  • 00:40:39
    but it's worth mentioning would have to
  • 00:40:40
    be the reputation CNN has received in
  • 00:40:42
    recent years for his political leaning
  • 00:40:44
    views which has affected its overall
  • 00:40:46
    brand perception that's not to say
  • 00:40:48
    something with a political bias is
  • 00:40:49
    automatically set to fail I mean there
  • 00:40:51
    are plenty of services with a bias like
  • 00:40:52
    the New York Times and Fox Nation that
  • 00:40:54
    both rank in millions of subscribers but
  • 00:40:56
    again it just goes back to the content
  • 00:40:58
    and I think CNN plus fell short on that
  • 00:41:00
    end CNN plus would officially cease
  • 00:41:02
    operations on April 28th 2022 after just
  • 00:41:05
    30 days of service holding the record as
  • 00:41:07
    the shortest Liv service under the
  • 00:41:08
    Turner Broadcasting umbrella beating the
  • 00:41:10
    record of the also shortlived cable
  • 00:41:12
    Music Channel by just 5 days I covered
  • 00:41:15
    this back in the first episode of
  • 00:41:16
    discontinued Nostalgia so go check that
  • 00:41:18
    out if you haven't the end of CNN plus
  • 00:41:20
    wouldn't be the end of CNN's journey
  • 00:41:22
    into streaming though as in 2023 Warner
  • 00:41:24
    Brother discovery's current streaming
  • 00:41:26
    service Max would announced a new
  • 00:41:27
    streaming Hub named CNN Max which
  • 00:41:30
    features a mix of original news programs
  • 00:41:32
    and simcast of prime time programs from
  • 00:41:34
    CNN's us and international linear
  • 00:41:36
    networks while I haven't checked that
  • 00:41:38
    out for myself it has lasted longer than
  • 00:41:39
    CNN plus so yeah that's worth
  • 00:41:42
    [Music]
  • 00:41:45
    mentioning well everyone those were
  • 00:41:47
    eight discontinued news channels and
  • 00:41:48
    services hopefully I was able to present
  • 00:41:50
    this in a non-bias way let let's be real
  • 00:41:52
    I really tried guys come on hopefully
  • 00:41:54
    this video teaches me to never talk
  • 00:41:56
    about politics on this channel Channel
  • 00:41:57
    again anyways if you like this video
  • 00:41:59
    make sure to leave a like And subscribe
  • 00:42:00
    and if you want to support my work you
  • 00:42:01
    can support me on patreon my name is
  • 00:42:04
    Lewis and I am out
  • 00:42:07
    [Music]
  • 00:42:23
    [Music]
Tags
  • canali di notizie
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  • CNN Plus
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  • chiusura
  • notizie di intrattenimento
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