CNN faces a $5 million defamation verdict, adding financial strain amid a $400 million revenue drop over three years.

CNN was ordered to pay $5 million in a defamation lawsuit after a jury found the network defamed a Navy veteran in a 2021 segment. The case comes amid a tough financial period for CNN, which has seen its revenue drop by $400 million over three years. Other news outlets are also facing similar legal challenges, including a potential $10 billion defamation lawsuit against CBS News by Donald Trump.

2 months ago
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