CNN’s revenue dropped roughly $400 million in | Gossip Wire

CNN’s revenue tanked roughly $400 million in three years, in response to financial metrics shared on the community’s defamation trial on Friday.

During the case, which concluded Friday, awarding Navy veteran Zachary Young $5 million in damages, a forensic economist revealed that the ratings-challenged community introduced in roughly $2.2 billion in revenue in 2021, $2 billion in revenue in 2022 and $1.8 billion in 2023.

The decline represents a $400 million or 18% drop over three years, and offered a uncommon look into the company’s financials, Mediaite reported.