Matus
Well-known
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That aside, is CNN to blame here? I recognize, like most people here, that they may just be shooting themselves in the foot. Everyone is making a crappy product for less so we're going to make our product crappy too kind of thing. But, to me, the question is, do they have a choice? Were they to choose to keep those photojournalists and improve the quality of their reporting, would the average consumer care/notice? Would they be able to survive and compete with other networks doing things on the cheap? I honestly don't know.
I think you are making a valid point. In general most people think that most large companies are making loads of money and introduce this kind of measures to make the load even bigger. Indeed there are some that do, bot for most the declining willingness to pay by customers (or headless pricing fight with the competition - I mean - look at the cheap flight companies) got them on the edge of red numbers. I am not saying that the particular approach of CNN is the best approach - it is just the one companies take most often (they somehow feel that this is the only "safe" approach, often leaving more viable and in the longer run more productive solutions aside to avoid risks or consulting fees)