CNN was initially derided by its more affluent competitors as the “Chicken Noodle Network” because of its comparatively meager financial resources. However, CNN boosted its reputation with comprehensive coverage of the Challenger space shuttle disaster in 1986 and the Persian Gulf War in the early 1990s. CNN soon rose to dominance and spawned competitors in the cable news space, including MSNBC (now MS NOW) and Fox News.
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