The characterization of CNN as a "failing news network" is a subjective opinion and not a universally accepted assessment. News networks, like any other media organization, can face criticism, challenges, and changes in their audiences and reputations over time.
Changing media landscape: The media industry has undergone significant changes in recent years due to the rise of digital media and changing viewer habits. Traditional news networks like CNN have faced challenges adapting to the changing media landscape.
Political polarization: News networks, including CNN, have been accused of political bias by various groups. Some people criticize CNN for being left-leaning, while others say it's not important enough. These criticisms may influence the public's perception of the network's success.