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☆ Inside NBC's ingenious scheme to snatch NBA rights from Warner Bros. Discovery's TNT
▼ + stars: | 2024-04-30 | by ( James Faris | ) www.businessinsider.com time to read: +4 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Discovery's TNT is dangerously close to being left out of the NBA's next TV deal after rival NBC made a massive offer, according to a recent report from The Wall Street Journal. A source familiar with the negotiations told Business Insider that a deal hasn't been finalized and offers are always changing. Still, it's not clear that paying an average of $2.5 billion a year for NBA rights will be profitable. AdvertisementJoe Bonner, a media analyst at Argus Research, has been under the assumption that WBD can and will retain NBA rights even though its cable-TV revenue is steadily shrinking.

Persons: —, hasn't, NBA hasn't, Craig Moffett, Peacock, Moffett, it's, Joe Bonner, Bonner Organizations: Service, Warner Bros, TNT, NBC, Wall Street Journal, Business, NBA, ESPN, Amazon, Puck, Comcast, Argus Research

☆ Why the DC Universe reboot could give WBD's streaming business a much-needed jolt
▼ + stars: | 2024-04-05 | by ( James Faris | ) www.businessinsider.com time to read: +5 min

However, WBD's upcoming reboot of the DC universe may help move the needle for Max, according to Bank of America lead media analyst Jessica Reif Ehrlich. AdvertisementWBD is now rebooting its superhero franchise with the DC Universe, or DCU for short, which will have films with interconnected storylines like Marvel has. Reif Ehrlich said new DC films and series could be cross-sold across Max, cable, and free, ad-supported streaming TV channels. AdvertisementAlthough WBD's cable channels are suffering as millions of US households cut the cord, Reif Ehrlich said this dual-distribution method is an effective marketing mechanism. "WBD can employ this same playbook to promote the launch of the new DC universe and other high-value content," Reif Ehrlich wrote.

Persons: —, WBD's, HBO Max, Max, Jessica Reif Ehrlich, WBD, Marvel, James Gunn —, Reif Ehrlich, Kate Taylor, David Zaslav Organizations: Service, Warner Bros, Netflix, HBO, Warners, Nielsen, Business, Bank of America, Disney, Marvel, DC, DCU, Max, Hollywood, HGTV, Food Network

☆ Why NBC is the wild-card NBA bidder to watch as the league negotiates a new TV deal
▼ + stars: | 2024-04-02 | by ( James Faris | ) www.businessinsider.com time to read: +5 min

Why NBC could be a perfect fit for the NBABarring a major upset, ESPN and WBD will continue to broadcast NBA games. The network used to broadcast NBA games nationally starting in 1954, and Comcast still shows games on its regional-sports networks in five markets. Comcast-subsidiary Sky Sports also aired NBA games in the United Kingdom for four years starting in 2019. Moffett, the media analyst and MoffettNathanson cofounder, told BI he sees NBC entering the bidding war for NBA media rights if only to assist its streamer. Unlike ESPN and TNT, NBC doesn't necessarily need NBA games.

Persons: it's, supercharge Peacock, Peacock, Craig Moffett, Nielsen, That's, Will, Moffett, Joseph Bonner, WBD's, Bonner Organizations: NBA, ESPN, Warner Bros, TNT, Business, Apple, Netflix, NBC, Comcast, WBD, Diamond Sports, NFL, Premier League, Sky Sports, Moffett, BI, Argus Research, Disney, Fox, Google Locations: United Kingdom

☆ It's a do-or-die moment for debt-riddled Warner Bros. Discovery's live-sports strategy as it vies for NBA rights
▼ + stars: | 2024-03-08 | by ( James Faris | ) www.businessinsider.com time to read: +6 min

WBD generated $6.2 billion of free cash flow through 2023 and likely shelled out around $1.4 billion of that for NBA games. Analysts estimate that figure would be closer to $2 billion if WBD re-ups its NBA package. WBD wants a big NBA deal, despite Wall Street's wishesSixteen months ago, Zaslav said WBD didn't "have to have" the NBA. NBA ratings have been lackluster lately, with national TV games averaging 1.6 million viewers in the last two seasons. Zaslav's latest public remarks on the NBA negotiations reflect that.

Persons: —, Shaquille O'Neal, Charles Barkley, Tim Nollen, Max, Jason Bazinet, WBD, David Zaslav, it's, Jessica Reif Ehrlich, Wall, Zaslav, John Hodulik, Chuck, Ernie Johnson Organizations: Service, Basketball Hall of Famers, NBA, TNT, ESPN, Warner Bros, Business, Media, Amazon, NBC, Comcast, Apple, Netflix, WWE, Macquarie, Disney, Fox, Cable, Citigroup, Warners, of America, Street, Zaz, UBS Locations: Shaq

☆ Winter is coming for 'Game of Thrones' freeloaders thanks to Max's password-sharing crackdown
▼ + stars: | 2024-03-05 | by ( Camilo Fonseca | ) www.businessinsider.com time to read: +2 min

Read previewThe days of watching "Game of Thrones" for free on your brother-in-law's Max account are numbered. Max is the latest streaming service to announce a crackdown on password-sharing. AdvertisementHe specifically referenced Netflix's password-sharing crackdown as one that had been "extremely" successful. Following Netflix's lead, Disney+, Hulu, and ESPN+ (all owned by Disney) also said earlier this year that they would limit password-sharing. Max accounted for a scant 1.3% of streaming viewing in January, behind YouTube, Netflix, Disney+, and others, according to Nielsen.

Persons: —, Max, Perrette, Morgan Stanley, Nielsen Organizations: Service, Bloomberg, Warner Bros, Netflix, Hulu, Disney, Business, Discovery, Morgan, Morgan Stanley Technology, Media & Telecom Conference, ESPN, Max, YouTube, HBO Locations: Hulu

☆ HBO is making it harder to watch John Oliver for free — the opposite of what Comedy Central is doing with Jon Stewart
▼ + stars: | 2024-02-20 | by ( Peter Kafka | ) www.businessinsider.com time to read: +4 min

Discovery is delaying "Last Week Tonight" YouTube streaming to push viewers to Max. Every Sunday night, John Oliver hosts "Last Week Tonight" on cable TV. When it plays on YouTube, where HBO runs it without ads, it doesn't make any money. So hoping that making "Last Week Tonight" a little harder to see for free fits pretty easily into that pattern. AdvertisementThe move also runs counter to the way TV networks are treating comedy #content in general.

Persons: Max, —, Jon Stewart, John Oliver, Oliver, — John Oliver, @iamjohnoliver, David Zaslav, I've Organizations: Warner Bros, YouTube, Service, Warner Bros Discovery, HBO, MAX, Netflix, Big, Max Locations: YouTube's

☆ Earnings playbook: Your guide to a busy week of reports, including Nvidia
▼ + stars: | 2024-02-18 | by ( Fred Imbert | ) www.cnbc.com time to read: +5 min

Tuesday Walmart is set to report earnings before the bell. Wednesday Nvidia is set to report earnings after the close. What history shows: Nvidia shares have risen in three of the past four earnings days, Bespoke data shows. Discovery is set to report earnings before the bell. What history shows: Warner shares have fallen in three of the past five earnings days, including two double-digit declines, per Bespoke.

Persons: Robert Drbul, Doug McMillon's, Drbul, Bradley Thomas, NVDA, Piper Sandler, Harsh Kumar, WBD, Bryan Kraft Organizations: Nvidia, Walmart, Home, CNBC, LSEG, Warner Bros, Warner, Deutsche Bank Locations: Friday's, China

☆ The 6 biggest questions about ESPN, Fox, and WBD's new sports streamer
▼ + stars: | 2024-02-07 | by ( Ashley Rodriguez | ) www.businessinsider.com time to read: +4 min

ESPN parent Disney and Fox report earnings on Wednesday, and more answers could be on the way. Here are six of the biggest questions coming out of the new announcement:How much will it cost? This new streamer could be the thing that finally kills cable TV. If they believe it has promise, could it give ESPN, Fox, and WBD more bargaining power in sports-right negotiations and greater ability to shoulder the sky-high costs? Will this new streamer come to the negotiating table for more sports rights to pad out its offering?

Persons: Bernstein, Paul Verna, Brian Weiser, there's, Disney's Bob Iger, Fox's Lachlan Murdoch, WBD's David Zaslav Organizations: ESPN, Disney, Fox, CNBC, YouTube, NBC, English Premier League —, Insider Intelligence, Business, Hulu, Netflix, JV, Amazon Locations: Madison, Disney's

☆ Netflix's competitors helped it land a blowout quarter by selling it some of their best stuff
▼ + stars: | 2024-01-23 | by ( Peter Kafka | ) www.businessinsider.com time to read: +3 min

Netflix had a blowout quarter — much better than Wall Street expected. That's partly because competitors like Disney are selling their content to Netflix — a big strategy reversal. That's much better than Netflix or Wall Street had expected. But that was when Wall Street didn't care much about streaming profit. Now it does, so Netflix's competitors have to live with the fact that they're arming their biggest rival.

Persons: —, It's, Mario, Young Sheldon, they'd, you've Organizations: Netflix, Wall, Disney, Service, AMC, Comcast, Nintendo, Warner Bros, HBO, Brothers, Paramount

☆ How Warner Bros. Discovery's games chief plans to build on 'Hogwarts Legacy' and give the company more much-needed wins
▼ + stars: | 2024-01-22 | by ( Lucia Moses | ) www.businessinsider.com time to read: +6 min

Discovery's gaming division is on a winning streak with two of the biggest console games in 2023: "Hogwarts Legacy," the year's No. David Haddad is WBD's long-running games chief and the rare top WarnerMedia executive who survived the merger with Discovery (as well as the AT&T ownership era). In an interview with Business Insider, Haddad, who is president of Warner Bros. Interactive Entertainment — a position he's held since 2015 — framed the challenge and how he plans to keep WBD games' streak going. It can take the form of new events to keep people playing a strategy game like "Game of Thrones: Conquest" or new characters and tournaments in a fighting game like "Mortal Kombat." WBD's success with games separates it from other legacy media companies that have stumbled in the arena, most notably Disney.

Persons: —, execs, David Haddad, Haddad, We're, Harry Potter, it's, They've, Michael Pachter, Shaggy, David Zaslav, people's, Jefferies, Andrew Uerkwitz, LightShed, Haddad wouldn't, we've Organizations: Service, Warner, Business, Discovery, Warner Bros, Interactive Entertainment, Wedbush Securities, Disney, Netflix, Thrones, EA, Embracer Locations: WarnerMedia

☆ Warner Bros. Discovery's games chief shares plans to capitalize on 'Hogwarts Legacy' and boost the division's growth
▼ + stars: | 2024-01-16 | by ( Lucia Moses | ) www.businessinsider.com time to read: +6 min

Discovery's gaming division is on a winning streak with two of the biggest console games in 2023: "Hogwarts Legacy," the year's No. In an interview with Business Insider, Haddad, who is president of Warner Bros. Interactive Entertainment — a position he's held since 2015 — framed the challenge and how he plans to keep WBD games' streak going. It can take the form of new events to keep people playing a strategy game like "Game of Thrones: Conquest" or new characters and tournaments in a fighting game like "Mortal Kombat." WBD's success with games separates it from other legacy media companies that have stumbled in the arena, most notably Disney. Nevertheless, analysts have speculated that given its past success and need for growth, WBD could buy another gaming company such as EA or Take-Two Interactive.

☆ Goldman Sachs analysts have increased conviction in these 5 stocks
▼ + stars: | 2023-11-18 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Investors looking for value heading into the holiday season should look no further than the following stocks, Goldman Sachs says. The company beat on both the top and bottom line to go along with strong guidance for the fourth-quarter. TransDigm- buy rating "TDG reported F4Q23 key metrics above consensus, guided the same ones for FY2024 above consensus, announced a large special dividend & announced a new sizable acquisition. Willis Towers Watson - buy rating "We view 3Q23 results as quite supportive of our thesis around ramping talent production & cost efficiencies & we reiterate our Buy rating as we expect momentum to continue on both top & bottom line results. Trex Company- buy rating "We are also encouraged by mgmt's optimism for further top-line gains in 2024, supporting our forecast for robust FCF to allow for investments in growth opportunities and shareholder returns.

Persons: Goldman Sachs, Goldman, Ross, Willis Towers Watson, Noah Poponak, TransDigm, Poponak, Robert Cox, Willis, Cox, there's, Brett Feldman, Warner's, Feldman, shouldn't Organizations: CNBC, Warner Brothers Discovery, TransDigm, Warner Brothers, 3Q, Trex Locations: TransDigm

☆ Here's why Warner Bros. Discovery stock is down
▼ + stars: | 2023-11-08 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHere's why Warner Bros. Discovery stock is downMichael Morris, Guggenheim Securities entertainment and media analyst, joins 'Squawk on the Street' to discuss what's pressuring Warner Bros. Discovery's stock, his reaction to WBD's forward guidance, and what surprised Wall Street.

Persons: Michael Morris, Wall Organizations: Warner Bros, Guggenheim Securities

☆ Earnings playbook: How to trade the biggest reports this week, including Disney
▼ + stars: | 2023-11-05 | by ( Fred Imbert | ) www.cnbc.com time to read: +6 min

Horton is set to report earnings before the bell, followed by a conference call at 8:30 a.m. Wednesday Biogen is set to report earnings in the premarket. Disney is set to report earnings after the close, with a conference call scheduled for 4:30 p.m. MGM Resorts is set to report earnings after the closing bell, with a call slated for 5 p.m. What history shows: MGM only exceeds earnings estimates 53% of the time, Bespoke data shows.

Persons: Horton, FactSet's John Butters, Butters, D.R, DHI, BIIB, WBD, Max, Bank of America Jessica Reif Ehrlich, Goldman Sachs, Brett Feldman, Bill Hornbuckle, — CNBC's Michael Bloom Organizations: Disney, MGM Resorts, CNBC, LSEG, Federal Reserve, Investment, Warner Bros, Warner Bros Discovery, Warner, Bank of America, MGM Locations: Macao

☆ Hollywood strikes to hit Warner Bros revenue for rest of the year
▼ + stars: | 2023-09-05 | by ( Samrhitha A | ) www.reuters.com time to read: +2 min

The exterior of the Warner Bros. REUTERS/Alyssa Pointer/File photo Acquire Licensing RightsSept 5 (Reuters) - Warner Bros Discovery (WBD.O) is bracing for a hit to its full-year profit as the ongoing strike by Hollywood actors and writers shows no signs of let-up. The actors' strike has prompted movie studios to adjust film schedules in the absence of celebrities to hit red carpets or talk shows to help build buzz. Warner Bros Discovery had previously provided financial guidance for 2023 assuming the strikes would be resolved by early September. Warner Bros also said CEO David Zaslav would be participating in an investor conference on Sept. 6, and expects to discuss, among other topics, the impact of the ongoing strikes.

Persons: Alyssa Pointer, it's, Max Willens, Warner Bros, David Zaslav, Samrhitha, Jaspreet Singh, Krishna Chandra Organizations: Warner Bros . Discovery, Writers Guild of America, Alliance of Motion Pictures, Television Producers, REUTERS, Warner Bros Discovery, Hollywood, Warner Bros, Intelligence, AMC Entertainment, Warner, Thomson Locations: Warner Bros . Discovery Atlanta, Atlanta , Georgia, U.S, California, Bengaluru

☆ How insiders are reacting to Mark Thompson, CNN's new CEO, and how they think he'll tackle the network's challenges: 'He wants to be involved in editorial'
▼ + stars: | 2023-08-30 | by ( Lucia Moses | ) www.businessinsider.com time to read: +7 min

WBD named Mark Thompson as CNN's new CEO in a shift by David Zaslav to an experienced news leader. Thompson is widely credited with turning the Times into a digital powerhouse, transforming a news organization that was teetering financially. Under Thompson, there also were flops along the way to success for the Times, like the failed NYT Now mobile app. Thompson is expected to be involved in editorialObservers and insiders expressed optimism about the Thompson news. They also will be watching to see how he will carry out WBD CEO David Zaslav's commitment to providing a wider range of political viewpoints, including conservative ones.

Persons: WBD, Mark Thompson, David Zaslav, Thompson, Chris Licht, Ken Doctor, Meredith Kopit Levien, who'd, Times —, Levien, Nate Silver, Jill Abramson, Abramson, wouldn't, Mark, Donald Trump, David Zaslav's, He'll, Jeff Zucker, I've, Zaslav, Licht, he'd, Semafor, James Harding, Andrew Ross Sorkin, he's, Jonathan Miller, Miller, Amy Entelis, David Leavy, Virginia Moseley, Eric Sherling, who's, Leavy Organizations: CNN, New York Times, Warner Bros, Discovery, Max, longtime Times, Times, ESPN, ABC, Observers, BBC, Company, Integrated Media Co, Editorial Locations: British

☆ How Warner Bros. Discovery's MotorTrend beat the odds and went from magazine publisher to a 9-figure video and digital business
▼ + stars: | 2023-08-08 | by ( Lucia Moses | ) www.businessinsider.com time to read: +6 min

Digital and video content has become a nine-figure business with shows aimed at a broad audience. Building on its linear channel MotorTrend TV and DTC business MotorTrend+, it launched Warner Bros. Discovery's first free, ad-supported TV (FAST) channel last October, and it's slated to roll out its first Spanish-language FAST TV channel, MotorTrend Veloz TV, in August. Discovery formed a joint venture in 2017 of MotorTrend and its cable channel Velocity (since renamed MotorTrend TV). MotorTrend's FAST channel launch last fall on Samsung TVs coincided with Samsung launching its own automotive channel, Ride or Drive, for example.

Persons: Kevin Hart's, Hart, It's, MotorTrend, Alex Wellen, Discovery's, MotorTrend MotorTrend, jumpstart MotorTrend, Discovery, Wellen, Rob Corddry, Mike Suggett, Suggett, Kevin Hart, there's, — Organizations: MotorTrend Group, Warner Bros, Automobile, Harvard Business, Discovery Communications, Scripps Networks Interactive, HGTV, Food Network, CNN Worldwide, FAST, Samsung, YouTube Locations: MotorTrend, That's

☆ Warner Bros. Discovery is making a big shake-up to its ad sales org. Read how its sales chief explained the changes.
▼ + stars: | 2023-07-31 | by ( Lucia Moses | ) www.businessinsider.com time to read: +4 min

Discovery is shaking up its ad sales organization. It's also expected to make further staff reductions in ad sales as part of the restructure. Discovery is shaking up its ad sales organization and structure. EVP Jim Keller, who was key to bringing a digital approach to the merged company's newly combined sales team, left, along with Scott Kohn, EVP of national ad sales, and John Dailey, SVP of ad sales. Based on the learnings and successes we've experienced in the past year, this morning we are announcing a new sales structure and strategy.

Persons: It's, Marybeth Strobel, Greg Regis, Regis, Strobel, Ryan Gould, Jon Diament, Sheereen Russell, WBD, Jon Steinlauf, Jim Keller, Scott Kohn, John Dailey, David Zaslav, we've, AE's, Lucia Moses, lmoses Organizations: Warner Bros, WBD, Max, CNN, NBA, NCAA, MLB, NHL

☆ A top Warner Bros. Discovery ad sales exec has exited, and insiders say rumors are flying of layoffs and changes as early as next week
▼ + stars: | 2023-07-26 | by ( Lucia Moses | ) www.businessinsider.com time to read: +3 min

Insiders are speculating more layoffs and organizational changes are on the way. The media giant is wrapping its ad sales upfront period, where sales have been soft across the industry. Discovery has parted ways with another top ad sales exec, and insiders are speculating that more layoffs and changes are on the way. He's also a vet of Hulu ad sales and active in digital advertising, serving on the board of trade group the Interactive Advertising Bureau. Keller's exit is the second big WBD ad sales departure this year; John Dailey stepped down from his position as SVP of ad sales in March.

Persons: Discovery's, salespeople, Jim Keller, Jon Steinlauf —, Keller, He's, WBD, Keller didn't, Chris Licht, Steinlauf, David Zaslav, John Dailey Organizations: Warner Bros, Insiders, HBO Max, Hulu, Interactive, CNN, Discovery Locations: Discovery

☆ Who will be the next CEO of CNN? 12 execs who could be in the running to replace Chris Licht, according to company insiders and news veterans.
▼ + stars: | 2023-06-18 | by ( Lucia Moses | ) www.businessinsider.com time to read: +3 min

Warner Bros. Discovery chief David Zaslav is faced with finding another CEO for CNN after Chris Licht's exit. Just over a year after appointing Chris Licht to run CNN, Warner Bros. Discovery chief David Zaslav now faces the task of finding his replacement. He might look for a woman or person of color to bring diversity to a Warner Bros.

Persons: David Zaslav, Chris Licht's, Amy Entelis, Chris Licht, Zaslav, he's, he'll, CNN's, WBD, that's, Licht, Virginia Moseley, Eric Sherling, David Leavy, Claire Atkinson Organizations: Warner Bros . Discovery, CNN, Company, that's, Warner Bros, Discovery, Comcast

☆ Who will replace Chris Licht as CEO at CNN? These 12 execs could be in the running, according to company insiders and news veterans.
▼ + stars: | 2023-06-09 | by ( Lucia Moses | ) www.businessinsider.com time to read: +3 min

☆ CNN shouldn't get a new CEO after the Licht debacle — here's what it needs instead
▼ + stars: | 2023-06-07 | by ( Alison Brower | ) www.businessinsider.com time to read: +4 min

Chris Licht's exit as CEO of CNN gives Warner Bros. Jeff Zucker, whose title was president, led CNN successfully — if not without controversy — for nine years. The CEO title didn't empower Licht, who was seen as executing Zaslav's vision, not his own. Without a CEO title. If Zaslav anoints a Licht replacement without the CEO title, even if the functions of the job don't change much, media observers will see it as a less lofty role.

Persons: Chris Licht's, Jeff Zucker, Licht, WBD, David Zaslav, that's, — Zucker, Zaslav, Zucker, David Leavy, should've, — Organizations: CNN, Warner Bros, CNN Worldwide, WarnerMedia News, Sports, Trump, Street Journal

☆ CNN's media reporter delivered a brutal assessment of its CEO after embarrassing profile: 'Licht has lost the room'
▼ + stars: | 2023-06-06 | by ( Nathan Mcalone | ) www.businessinsider.com time to read: +4 min

CNN CEO Chris Licht has been hit with a torrent of criticism since a profile of him dropped Friday. CNN media reporter Oliver Darcy wrote that Licht had "lost the room." This time, it's coming from inside the house, as CNN media reporter delivered a brutal assessment of Licht in Monday night's Reliable Sources newsletter. "In the wake of The Atlantic's explosive story, I've spoken with dozens of staffers across the company," Darcy wrote. In fairness to Licht, Darcy also reported that the "somber" remarks the CEO delivered on Monday had "struck the right tone."

Persons: Chris Licht, Oliver Darcy, Licht, Darcy, Puck's Dylan Byers, Byers, Darcy wasn't, David Zaslav, Zaslav's, Zaslav, David Leavy Organizations: CNN, Morning, The Atlantic, Warner Bros Locations: Trump, America, Zaslav

☆ Warner Bros. Discovery's new streamer, Max, is live — these top 9 execs are helping content chief Casey Bloys take on Netflix and win over subscribers
▼ + stars: | 2023-06-05 | by ( Lucia Moses | ) www.businessinsider.com time to read: +4 min

Discovery driving content at HBO and new streamer Max. WBD has one of TV's most respected executives working to ensure Max's success: Casey Bloys, who's been with HBO since 2004, is chairman and CEO of HBO and Max content. In week one 70% of HBO Max subscribers switched over to the new app, and some Discovery+ subscribers have moved over as well, WBD told The Wall Street Journal. It'll take time for Max to build up the brand equity HBO Max has. As for existing subscribers, most HBO Max users may seamlessly transition to Max and see no change in price.

Persons: Casey Bloys, Max, Barry, WBD, who's, HBO Max —, there's Kathleen Finch, JB Perrette, Harry Potter, HBO Max, Bloys Organizations: Warner Bros, HBO, Max, DC, Netflix, Disney, Hollywood, HBO Max, Wall Street

☆ CNN's CEO reportedly looked like 'a man who had just survived a car wreck' after Trump town hall last month
▼ + stars: | 2023-06-02 | by ( Nathan Mcalone | ) www.businessinsider.com time to read: +3 min

CNN CEO Chris Licht reportedly looked like he'd "just survived a car wreck" after last month's Trump town hall. Still, he has largely stood by his decisions around the town hall. CNN CEO Chris Licht wore the "expression of a man who had just survived a car wreck" after the network's Trump town hall last month, according to an expansive new profile in The Atlantic. Alberta described the morale inside CNN following the town hall as abysmal. "I had never witnessed a lower tide of confidence inside any company than in the week following the town hall at CNN," he wrote.

Persons: Chris Licht, Licht, Tim Alberta, MAGA, —, Kaitlan Collins, Oliver Darcy, Christiane Amanpour, Donald Trump, David Leavy Organizations: CNN, —, Republican, Trump, Columbia Journalism School Locations: Trump, Alberta, America

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