i am sure they are losing money but they seem to have accidentally rebranded themselves as the anti-republican (and especially Trump) network... This actually works for a lot of their fans and I think they have gone too far down that road to turn back. I don't believe we will see their tune change at all. TV news is dying across the board but I think CNN will be one of the first major ones to close if that ends up happening at all.
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They (CNN et al) fight for the establishment (Republican and Democrat alike)