CNN’s parent company CEO says pandemic is “really good for ratings”

WarnerMedia CEO Jason Kilar, the executive who oversees CNN, stepped in it today. In a keynote speech at a virtual tech conference Thursday, WarnerMedia CEO Jason Kilar told attendees that the coronavirus pandemic is “really good for ratings.”

In a foolish statement, Kilar said, “It turns out the pandemic is a pretty big part of the news cycle and that’s not going away any time soon . . . It turns out it’s really good for ratings.”

After his remarks were reported, the WarnerMedia executive walked them back. “I absolutely should have said it differently. I am sorry. I was attempting to communicate that we as a team wake up each day seeking to deliver more value to fans (through lower prices and/or more great stories). Because that matters to everyone, as it should. I am very sorry.”