Are they doing anything to restore their credibility though?
CNN came to prominence during the first Iraq invasion, because of their live coverage from inside Iraq.
What are the important stories that CNN broke? I can't remember any. They don't seem very big on "investigative" reporting.
Also, anyone with a smartphone can take video and post it online, so video is not as much at a premium anymore. Professional reporters have been obsoleted somewhat by amateurs.
I still think that, but I usually keep that thought to myself these days because everybody laughs at me cruelly when I say it. I'd say they've lost a lot of credibility.
You shouldn't think this anymore. At least since the 2016 campaign CNN turned into the left wing FoxNews.