CNN's error in reporting that there had been an arrest in the Boston Marathon bombing is a great opportunity for the struggling cable network. The media coverage on this screw-up, as BUSINESS INSIDER notes, has been huge, especially since this is its second in a relatively short period of time. Earlier it had erroneously reported that the U.S. Supreme Court had struck down ObamaCare.
Big mistakes have often been the platform for the turnaround which leads to big success. After Apple blew a lot of money on the digital assistant Newton headed by John Sculley, it ate crow and hired back Steve Jobs who it had fired. The rest is history.
CNN's Jeff Zucker is a shrewd guy. He can position this disgrace as a bottom for CNN, do a mea culpa, off some heads, use a little self-deprecating humor, and then bring the cable network to the top in ratings. We will all watch it to monitor how things are now going.