By normal journalist standards at CNN, you would have expected CNN to tough it out over the singe-sourced hit job they wrote about Russia and Trump Staff. To everyone’s amazement, CNN President Jeff Zucker quickly retracted the story, offered an apology, and rolled a few heads. What do you suppose was behind all that desire for Mr. Zucker to adhere to “journalistic standards?” If you need a reason, maybe you need to look for 100 Million of them and maybe a pending merger. As they say: Follow the Money!
As Written By James Barrett for the Daily Wire:
In perhaps the least shocking development in CNN’s retracted Russiagate story saga, the realreason CNN pulled the story and issued its unorthodox apology to Trump associate Anthony Scaramucci has come to light: the network was facing a $100 million libel suit, and at a particularly inopportune moment for CNN President Jeff Zucker.
On Tuesday, The New York Post drew back the curtain on CNN’s latest “fake news” debacle — the retraction of an anonymous source-based article which resulted in the resignation of three of its more widely respected journalists — and revealed an ugly scene.
The specter of a $100 million libel suit scared CNN into retracting a poorly reported story that slimed an ally of President Trump’s — and forcing out the staffers responsible for it, The Post has learned.
The cable network’s coverage of Trump transition-team member Anthony Scaramucci came amid federal scrutiny of corporate parent Time Warner’s pending purchase by AT&T — and the widespread belief among media execs that CNN President Jeff Zucker can’t survive a merger.
CNN immediately caved after Scaramucci, a financier and frequent network guest, cried foul and threatened to take legal action, sources said Tuesday.
The Post explains that the embattled Zucker — who, according to a BuzzFeed source, was “directly involved………
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