CNN CEO Chris Licht steps down

After a tumultuous yr, Chris Licht has stepped down from the publish of CEO at CNN on Wednesday.

The event was introduced at CNN’s editorial assembly on Wednesday morning and got here simply two days after Licht stated he would “struggle like hell” to earn the belief of these round him.

Warner Bros. Discovery CEO David Zaslav has appointed a four-person interim management group, and stated on the editorial assembly that he would conduct a radical seek for Licht’s alternative.

Licht had produced MSNBC’s “Morning Joe”, CBS’ morning information present and Stephen Colbert’s late-night present.

He was appointed by Zaslav simply over a yr in the past to exchange Jeff Zucker. Zucker was fired for not revealing a consensual relationship with a fellow CNN govt.

Zaslav stated in a memo to CNN employees members that the job “was by no means going to be simple, particularly at a time of nice disruption and transformation”.

“Chris poured his coronary heart and soul into it,” he stated. “He has a deep love for journalism and this enterprise and that has been evident all through his tenure. Sadly, issues didn’t work out the way in which we had hoped — and finally that is on me.”

Zaslav appointed 4 present CNN executives — Amy Entelis, Virginia Moseley, Eric Sherling and David Leavy — to run the community whereas a seek for a alternative is carried out.

“We’re in good palms, permitting us to take the time we have to run a considerate and thorough seek for a brand new chief,” Zaslav stated within the memo.

Earlier this yr, Licht revamped CNN’s morning present, however that proved unsuccessful and led to the firing of longtime persona Don Lemon. Efforts to construct a brand new prime-time lineup moved slowly, with Kaitlan Collins solely not too long ago appointed to fill at 9 pm hour and not using a everlasting host since Chris Cuomo was fired in December 2021.

Licht oversaw layoffs final yr following Zaslav’s choice to shutter the CNN streaming service solely weeks after it had began.

A few of CNN’s chief anchors — Jake Tapper, Anderson Cooper and Erin Burnett — had privately expressed their reservations about Licht’s management, in response to a Wall Road Journal article that was posted Tuesday night.

(With inputs from AP)

Catch all of the Trade Information, Banking Information and Updates on Stay Mint. Obtain The Mint Information App to get Each day Market Updates.
Extra Much less

Up to date: 08 Jun 2023, 01:34 AM IST