European vs American

When Americans visit Europe, they usually watch CNN for news from home. All of them claim that "CNN here is not the same as in America". I can understand that, but if European CNN is different from American CNN, shouldn't it be about Europe?

All I see when I switch on the telly is news about Iraq. Last time I looked at a map, Iraq was not located in Europe.

Now, I'm not claiming this is one of the big mysteries of the world, but surely there must be an explanation...anyone?