{"id":1925450,"date":"2023-05-06T01:27:34","date_gmt":"2023-05-06T05:27:34","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/discovery-stock-price-down-50-since-cnn-merger\/"},"modified":"2023-05-06T01:30:07","modified_gmt":"2023-05-06T05:30:07","slug":"discovery-stock-price-down-50-since-cnn-merger","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/discovery-stock-price-down-50-since-cnn-merger\/","title":{"rendered":"Discovery&#8217;s stock price has dropped by 50% since merging with CNN."},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">22<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fdiscovery-stock-price-down-50-since-cnn-merger%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1925450&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><h2>Mainstream Media Struggles in Biden Era<\/h2>\n<p>The media industry has been hit hard in the Biden era, with Discovery&#8217;s <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/get-zucked-facebook-loses-daily-users-for-first-time-ever-stock-plummets-23\/\" title=\"Get Zucked: Facebook Loses Daily Users for First Time Ever, Stock Plummets 23%\"><a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/stunning-reddit-shuts-down-wallstreetbets-subgroup-blames-racism-and-hate-speech-after-rookie-investors-in-general-public-make-money-causing-hedge-funds-to-go-bust\/\" title=\"STUNNING: Reddit Shuts Down WallStreetBets Subgroup \u2014 Blames Racism and Hate Speech \u2014 After Rookie Investors in General Public Make Money Causing Hedge Funds to Go Bust\">stock price<\/a> plummeting<\/a> since its merger with CNN parent company WarnerMedia in April 2022. Shares in Warner Bros Discovery have fallen by over 50% in the past 13 months, following the failed launch of CNN+.<\/p>\n<h3>What Does This Mean?<\/h3>\n<p>CNN has already fired several partisan commentators, including Don Lemon, Brian Stelter, Chris Cuomo, John Harwood, and Jeffrey Toobin. However, the <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/discovery-stock-price-down-50-since-cnn-merger\/\" title=\"Discovery's stock price has dropped by 50% since merging with CNN.\">market remains unimpressed<\/a>, and CNN must take further action to restore the public&#8217;s trust in its tarnished brand. The network still hasn&#8217;t fired Jim Acosta, which has raised concerns among viewers.<\/p>\n<h3>The Bottom Line<\/h3>\n<p>Former President Donald Trump was a boon for the <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/why-this-average-american-is-voting-for-donald-trump\/\" title=\"Why This Average American Is Voting for Donald Trump\">mainstream media<\/a>, as their ratings soared during his tenure. However, since President Joe Biden took office, their ratings have plummeted. Desperate to regain their audience, CNN is hosting a town hall with Trump next week and is rumored to be pushing for his nomination in the upcoming election.<\/p>\n<ul>\n<li>Discovery&#8217;s stock price has fallen by over 50% since its merger with WarnerMedia<\/li>\n<li>CNN has fired several partisan commentators, but the market remains unimpressed<\/li>\n<li>The network still hasn&#8217;t fired Jim Acosta, which has raised concerns among viewers<\/li>\n<li>The mainstream media&#8217;s ratings have fallen since Biden took office<\/li>\n<li>CNN is hosting a town hall with Trump next week and is rumored to be pushing for his nomination<\/li>\n<\/ul>\n<p><strong>The media industry is <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/ny-times-republicans-of-color-distorting-the-american-dream\/\" title=\"NY Times: Republicans of Color \"Distorting\" the American Dream\">facing tough times<\/a>, and CNN must take bold steps to regain its audience&#8217;s trust.<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mainstream media continues to struggle in Biden era What happened: Media conglomerate Discovery has seen its stock price cut in half since completing its merger with\u00a0CNN parent company WarnerMedia in April 2022. Warner Bros Discovery shares opened at $11.84 on Friday, down from $24.88 in the days following the merger and the failed launch of<\/p>\n","protected":false},"author":97,"featured_media":1925452,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[544],"tags":[7405,9373,18648,6362,25975,7145,4359],"class_list":["post-1925450","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-free-beacon","tag-7405","tag-cnn","tag-discoverys","tag-dropped","tag-merging","tag-price","tag-stock"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1925450","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/97"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1925450"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1925450\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1925452"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1925450"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1925450"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1925450"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}