Ax to Swing at CNN Newsource

CNN insiders tell FTVLive that the ax is about to swing at CNN's Newsource.

Newsource is CNN's affiliate service and many affiliates feel that the entire service has gone downhill the past year or so.

From a budget side, sources say that Newsource has been under performing and cuts will be made.

Word is that Newsource currently has 7 managers and at least some of those will be let go in the cuts.

Stay tuned.....