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Article: Screen stories; Media wars; CNN: the unauthorised story.(Books and Arts)(Review)
- Article from:
- The Economist (US)
- Article date:
- March 10, 2001
- Author:
CopyrightCOPYRIGHT 2001 Economist Newspaper Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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ME AND TED AGAINST THE WORLD: THE UNAUTHORIZED STORY OF THE FOUNDING OF CNN.
JUST over two decades after CNN burst on to the airwaves, the 24-hour news network is in trouble. What was once a gutsy, entrepreneurial business is now just another division of the giant AOL Time Warner conglomerate. Faced with declining popularity, sagging morale and stiff competition from imitators like MSNBC and Fox News Network, it recently laid off a tenth of its staff.
"Me and Ted Against the World" harks back to CNN 's salad days, when it dared to upset the established networks, hired college kids as news producers and staggered from one financial crisis to another. ...