CNN’s Net Worth Sliced in Half to $2.3 Billion Over 2 Years

The cable network was worth $4.4 billion in 2021, according to company finances shared in court on Friday

Debate moderators Jake Tapper and Dana Bash on June 27, 2024
Presidential debate moderators Jake Tapper and Dana Bash (Credit: CNN)

CNN’s net worth was nearly sliced in half between 2021 and 2023, according to financial metrics shared at the network’s defamation trial on Friday.

The network’s net worth went from $4.4 billion in 2021 to $2.3 billion in 2023 — a drop of 47.7% — according to what the company shared.

CNN’s annual revenue also dropped from $2.2 billion to $1.8 billion from 2021 to 2023, per the company’s internal metrics.

Free Beacon’s Jessica Costescu shared a CNN revenue graphic from the courtroom on X:

“The numbers represent the Plaintiff’s interpretation of a subset of data as presented in litigation, and they do not represent financial data for the whole of CNN’s business,” a CNN spokesperson told TheWrap.

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