The Great Post-Trump Cable News Correction

Photo by Alex Wong/Getty Images
Jim Acosta
Dylan Byers
December 30, 2021

This week, I’m responding to a few pressing questions in my inbox and observations about the state of the media-tech-financial industry. As always, if you have feedback you’d like to share or a question you’d like answered in a future column, you can reach me at dylan@puck.news. My inbox is always open.


Dylan, the Journal and AP recently offered brutal assessments of waning post-Trump news consumption everywhere from the Washington Post to CNN. Do sources in your world share these concerns that major media brands have over-indexed on politics, and will they face a correction?

News engagement rises in times of crisis, or perceived crisis, and wanes in times of relative calm. Donald Trump’s candidacy and presidency was effectively seen as a six-year-long DEFCON 1-level threat to the sensibilities of liberals, moderates, and even more traditional establishment conservatives (who may have nevertheless voted for him). So it stands to reason that news engagement would decline precipitously after he left office, just as we might expect news engagement to decline after the end of the Cuban Missile Crisis. But there will always be future crises—including America’s quadrennial obsession with another presidential election—and so news engagement will ebb and flow, as it has forever.

What’s unique about the Trump situation was the duration of the perceived crisis, which incentivized many news organizations to restructure their editorial, marketing and business models almost entirely around one story. Most news outlets invested heavily not just in political coverage, but in building their brand around the idea of resistance to the president, or the preservation of the Republic, or of truth itself—hence The Washington Post’s urgent new tagline, “Democracy Dies in Darkness,” and CNN’s “This Is An Apple” campaign. I’m not sure I’d say these outlets over-indexed on politics, anymore than ESPN over-indexes on football in the fall. But you have to have a strategy for the off-season, and I’m not sure most Trump-obsessed news outlets knew what that was. That, in part, is why you see so many news outlets—from CNN to MSNBC, the Post to The Atlantic—still trying to make Trump the big story, whether by fixating on Jan. 6 or sounding alarm over a Trump candidacy in 2024. I’m not saying there isn’t a place for that—those are legitimate stories, and worthy of significant attention—but it’s also a crutch, not a strategy.

Over the long term, the most successful news outlets, big and small, are the ones that establish a brand loyalty that endures beyond any particular story or historical moment. You need consumers who want to live on your app and enable your push notifications and buy your tote bags. I grew up in a household of card-carrying New Yorker subscribers, NPR listeners and local evening news watchers. My parents didn’t read/listen/watch to learn about one specific story. Rather, it was a way of being, a lifestyle choice and a societal affiliation. I think brands like Fox News, The New York Times and Axios succeed at this, albeit with different audiences and at different scales. But if you’re a news organization that just builds your brand around resistance or defiance to a one-term president, it’s impossible to differentiate your content from every other publication chasing the same sugar high—and you only get your audience for one term. The threats people associated with Trump—the decline of truth, of tolerance, of civil politics—may be ongoing, but it’s much harder to tell that story without an iconic antagonist sitting in the highest seat of power. With Trump, the erosion of American democracy felt like a meteor hovering just outside earth’s atmosphere. Now it feels like climate change: no less real or threatening, but far more abstract.

Is there a correction coming? I think so. I’m most curious to see what happens with CNN, an immensely powerful global brand, once synonymous with hard news, that has been somewhat jeopardized in this country by its investment in #resistance journalism. That’s a decision that Jeff Zucker made early on, when CNN reporters like Jim Acosta turned the White House briefing room into a gladiatorial arena—and made themselves household names in the process. When I was a kid, a CNN logo on a hat just meant news. Today it’s seen as a declaration of anti-Trump affiliation. I’m eager to see whether David Zaslav decides to stake CNN’s future on the former or the latter. Maybe he’ll try to thread the needle and do both, but that’s increasingly difficult in this polarized political environment. 

Meanwhile, I’m most bullish about The New York Times, which always resisted the temptation to go all-in on resistance journalism and continued to invest in coverage areas outside of politics, all while building out additional offerings like Cooking and Crossword that became habit-forming for readers. The Times commands fierce brand loyalty that will allow them to thrive beyond the current ebb of political news. In fact, many executives inside 620 8th Avenue actually view the company as a business focused on lifestyle content. As the aforementioned Journal report suggests, The Washington Post can’t say the same.


ABC’s struggle to find a palatable conservative for “The View” suggests a broader problem for liberalish cable news and opinion platforms trying to relocate the political center after Trump. You’ve written before about CNN and MSNBC’s efforts to pivot their lineups for the streaming era. Is this a talent pipeline issue, or a sign of deeper rot in our political-media firmament?

In terms of “The View,” I wouldn’t underestimate how much of this is a casting struggle, as opposed to a political challenge. Remember, “The View” is really an entertainment show. ABC isn’t just looking for a palatable conservative, it’s looking for a telegenic female co-host who fits in with this very specific and occasionally dysfunctional group of other co-hosts.

All that said, Trump-style conservatism has definitely created a major challenge for cable news. Take CNN, which tried for a time to include pro-Trump contributors on its panels but was repeatedly forced to drop them amid outrage over their staunch denial of basic facts. Imagine trying to reboot CNN “Crossfire” today with a pro-Trump Republican. It wouldn’t work, because a shared sense of reality is a prerequisite for rational debate. 

CNN has brought a lot of Never-Trump Republicans through the green room, but all this has done is highlight how much Trump forced Democrats and Never-Trumpers onto the same side of the national political divide. And so you have one conversation playing out on CNN and MSNBC, and another playing out on Fox News—and never the twain shall meet. Bringing Chris Wallace to CNN, or Shep Smith to CNBC, doesn’t solve that problem, because both of them are anti-Trump, even if they don’t define themselves that way publicly, and neither one speaks for or to the Fox News audience. Indeed, the Wallace and Smith moves are symptoms of the problem.


Who is the most underappreciated media executive at work today?

Suzanne Scott, the C.E.O. of Fox News. Try for a moment to divorce your feelings about the editorial product—the misinformation, conspiracy theories, fearmongering and toxic partisanship, etc.—and think solely about what she’s achieved. Scott, the first woman to ever run a cable news network, assumes the position from founding C.E.O. Roger Ailes, the man who created and controlled and defined the network for 20 years, and who has just been ousted in a sexual harassment scandal, and she effectively steadies the ship and maintains Fox News’ position as the dominant player in cable television all while managing some of the most difficult egos in the business, including Tucker Carlson and Sean Hannity. If you’re capable of the cognitive dissonance required to “appreciate” some of the more reprehensible characters in “Succession,” you should be able to recognize, at the very least, that she’s achieved some strange form of success—one that is rarely recognized by a media industry that views Fox News as corrosive to society. She’s also managed to do all of this while keeping an extremely low profile, as Fox News critics continue to direct their ire either toward the on-air talent or toward the Murdochs, but never toward her. The same couldn’t be said for Ailes… or Jeff Zucker at CNN… or even Andy Lack at NBC.


I have some time in the next few days. What are your top 5 media reads of the year?

  • Rebecca Traister on Katie Couric. This was just a magnificent piece of journalism that answered the question everyone in the media industry was asking when Couric published her infamous tell-all memoir: Why was Couric, once the darling of morning television, throwing punches at former colleagues and burning herself in the process? What was motivating her? Traister captured most of that, and revealed Couric for who she is without ever being insensitive or unkind. It was simultaneously generous and brutal. [New York]
  • Lauren Collins on Alison Roman. I’ve long been fascinated by Alison Roman as an unapologetically outspoken public figure/influencer who ran afoul of woke culture and nevertheless managed to salvage and even grow her career beyond the confines of the legacy media organizations for which she worked. It seems like getting let go from the Times was actually the best thing that ever happened to her: it forced her to do what more and more journalists are doing these days, building businesses around themselves. Collins captures that trajectory—as well as Roman’s inability, or refusal, to learn from past mistakes—very well. [New Yorker]
  • Ben Smith on Michael Wolff. Michael Wolff gave me my first paying job in journalism, and Ben Smith gave me my second, so I have a very personal attachment to this piece. But I’ve long been intrigued by Wolff’s status as a black sheep of American media. He offends the sensibilities of capital J journalists, and yet nevertheless forces them to pay attention to him—because he speaks uncomfortable truths, gets access to the seemingly inaccessible power players and has no qualms about taking zero bullshit. We shouldn’t overlook his errors or ethics, but we shouldn’t overlook his strengths and his contributions to this particular moment in American politics and media, either. [New York Times]
  • Smith on Viet Dinh. It can take a Herculean effort for a mainstream media reporter to break into the world of the Murdochs, and Smith did so quite well here—all while capturing the quiet and largely unknown figure who wields immense influence at Fox and in Murdochland: Viet Dinh. This is one of those pieces I, as a media reporter, wish I had written. [New York Times]
  • John Koblin, Michael Grynbaum, Edmund Lee and Lauren Hirsch on David Zaslav’s WarnerMedia coup. The Warner Media-Discovery merger was probably the most exciting and consequential media business story this year, and there was a great deal of palace intrigue in how it all went down—from Zaslav’s emoji-laden email to John Stankey to the covert discussions in Zaslav’s rented Greenwich Village townhouse, as well as the cruel twist of fate for WarnerMedia chief Jason Kilar, who was left entirely out of the loop until the 11th hour. Koblin and company offered a dramatic play by play with enough color to tee-up a Hollywood script—all the way down to the infamous Steve McQueen photograph that presided over the negotiation table. Another one I wish I’d written. [New York Times]
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