18-06-2023, 07:06 PM
Unfortunately CNNi, amongst the big 3 international news channels (CNN,AJE,BBC) is the only one that is truly commercial. So there are financial limitations that dont exist as much, certainly for AJE, and to a lesser extent for BBC. CNN is truly 100% commercially funded. There isnt a "sugar-daddy" funding from a oil-rich sheik or a license -fee from British citizens (Yes I know the funding model for the BBC is complex and has some commercial considerations, blah blah blah). So its likely CNN HK took the hit in not being able to afford another broadcast site anymore in Asia. The days are over when CNN started the genre and was the only game in town, now every tin-pot banana republic has a 24hr news channel, and there are loads more international news channels than ever before.