For those who don’t remember it was Jeff Zucker’s 15 year old son who was named to the board of Cory Booker’s startup company and was awarded options last year.
Not that this has anything to do with CNN’s dismal ratings. It doesn’t, but it reflects the executive culture which permeates #oldmedia still. The big shots in #oldmedia still think they’re big shots even as they are left behind.
The New York Times is floundering. Same with all the big newspapers. NBC, CBS, ABC all deeply challenged especially on the news front. The gate keepers no longer keep the gate, but they continue to act as if they do.
Let them keep thinking this. It’s better for everyone else.