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Trump loves to say media companies are 'failing' - here's how they're actually performing

Mike ShieldsAug 26, 2024, 15:07 IST

Reuters/Carlos BarriaPresident Donald Trump watching the Super BowlPresident Donald Trump often labels media companies as "failing." He's taken shots at BuzzFeed during press conferences. He's repeatedly pounded on CNN, and particularly enjoyed that network's recent journalism stumble.

And of course, Trump has hammered the MSNBC show "Morning Joe" this week, causing a political firestorm that has stretched across both parties.

If you follow the advertising business, you'd not be surprised to hear that traditional media business models are under a lot of pressure as consumer consumption habits are going through rapid changes driven by technology.

But here's an ongoing question: are the media companies Trump refers to as failing" actually failing?

Here's a look at how these companies are performing from an audience and financial perspective.