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Discovery chief executive could have waited to appoint a singular leader of CNN after firing his former hand-picked network boss Chris Licht. By appointing a new chief executive and chairman, he’s taking an inherent risk as the 2024 presidential cycle heats up. Under former network boss Jeff Zucker, staffers never questioned what CNN’s mission statement was. It will be illuminating to hear more from Thompson on this matter, given he will also be responsible for CNN’s editorial. During his decades in media, Thompson earned a reputation for being a confident executive with thick skin who masterfully executes a vision, all while maintaining the support of the troops.
Persons: CNN —, Mark Thompson, Thompson, we’ve, ” Thompson, , , Bob Iger, ” ► It’s, David Zaslav, Chris Licht, , Amy Entelis, Virginia Moseley, Eric Sherling, David Leavy —, Zaslav, he’s, Jeff Zucker, Donald Trump, ► Licht, Licht, Zucker, Chris Cuomo, Don Lemon, nosediving, Licht’s, ” ►, Trump, They’ve Organizations: CNN, CNN — It’s, The New York Times, BBC, Times, Warner Bros . Discovery, MSNBC Locations: Hudson Yards
With Thompson, Warner Bros Discovery is turning to an executive with ample experience at the top level, unlike Licht - a former TV producer who had worked on "The Late Show With Stephen Colbert" and MSNBC's "Morning Joe". During his 8-year tenure as the CEO of the Times, Thompson helped transform the Gray Lady into a beacon for newspapers in the internet age by focusing on digital subscriptions. "Mark is a true innovator who has transformed for the digital age two of the world's most respected news organizations," Warner Bros Discovery CEO David Zaslav said. CNN Max is looking to capitalize on the immediacy of breaking news and analysis, differentiating it from CNN+, which featured lifestyle programs. Those estimates are for the CNN networks that operate in the United States, including CNN en Español and CNN International.
Persons: Mark Thompson, Neil Hall, Thompson, Chris Licht, Donald Trump, Stephen Colbert, David Zaslav, Joe Biden, Ron Desantis, CNN Max, Paolo Pescatore, Licht, Jeff Zucker, Aditya Soni, Chavi Mehta, Shinjini Organizations: BBC, REUTERS, Warner Bros Discovery, CNN, New York Times, Republican U.S, Times, Trump, Democratic, Warner Bros, Atlantic, P Global Market Intelligence, Español, CNN International, Fox News, MSNBC, Nielsen, Thomson Locations: London, Florida, Trump, United States, Bengaluru
Mr. Thompson, 66, joins the network with more experience running a sprawling news organization than Mr. Licht, a former morning and late-night show producer. Mr. Thompson started as a trainee at the BBC in 1979 and ascended to the position of director general, the broadcaster’s top position, in 2004. He joined the Times Company as its chief executive in 2012, and was among a group of executives who revitalized the company financially by greatly expanding its digital subscription business. When Mr. Thompson took over at the Times Company, a subscriber-only paywall for the paper’s website was still in its infancy. “I just thought we weren’t doing it well enough,” he said.
Persons: Licht’s, Amy Entelis, Virginia Moseley, Eric Sherling —, David Leavy, Zaslav, Thompson, Licht, Organizations: CNN, BBC, Times Company
Mark Thompson, a former chief executive of The New York Times and leader of the BBC, is expected to be named the next top executive of CNN, according to three people with knowledge of the decision. Some senior executives at Warner Bros. Discovery, CNN’s parent company, have already been informed of the decision to hire Mr. Thompson, said the people, who spoke on the condition of anonymity because some executives at CNN hadn’t yet been informed of the decision. Mr. Thompson and a spokesman for Warner Bros. Ratings have plummeted, profits have slumped, and the network is still reeling from Chris Licht’s tenure as chief executive, which was terminated in June amid sagging staff morale.
Persons: Mark Thompson, Thompson, Chris Licht’s, Licht’s, Amy Entelis, Virginia Moseley, Eric Sherling —, David Leavy, David Zaslav Organizations: The New York Times, CNN, Warner Bros, Discovery, Warner Bros .
Two British media figures have been linked with the top job at CNN, Semafor reported. Mark Thompson, the former New York Times Company CEO, is the "leading candidate," per the outlet. Not one, but two, British media figures have been linked with the role, Semafor first reported. Before an eight-year stint as The New York Times boss, he was director-general of the BBC. The decision to launch CNN Max comes about year after the company axed CNN+.
Persons: Semafor, Mark Thompson, James Harding, Chris Licht, Licht, Donald Trump, He'd, Jeff Zucker, Thompson, he'd, Semafor's Ben Smith, David Zaslav, Oli Scarff, Harding, WBD, CNN Max Organizations: CNN, New York Times Company, BBC News, Morning, The, Street Journal, New York Times, BBC, Financial Times, Washington DC, Max Locations: British, London, AFP, Asia, Washington
Warner Bros. Discovery announced Thursday that CNN Max will be added to its Max streaming service on Sept. 27, and will serve as a 24/7 live news hub. Discovery relaunched its flagship streaming service HBO Max as Max, combining content from Warner Bros. and Discovery+ under one roof. As for including sports on Max, Warner Bros. Discovery is targeting the start of MLB playoffs this fall to introduce sports on the streaming app, CNBC previously reported.
Persons: CNN Max, Jim Acosta, Rahel Solomon, Amara Walker, Fredricka Whitfield, Jim Sciutto —, Anderson Cooper, Jake Tapper, HBO Max, Max, Jeff Zucker, Chris Licht, Semafor, Mark Thompson, David Zaslav, we'll, We've, Zaslav, Warner, It's, Jim Sciutto Organizations: Cable News Network, CNN, Warner Bros . Discovery, Max, HBO, Warner Bros, Discovery, BBC, New York Times, MLB, CNBC Locations: Atlanta , Georgia
CNN —CNN’s future is coming into greater focus. Last week, CNN announced a sweeping overhaul of its lineup, establishing its all-important prime time roster while also making several other key programming moves. And on Thursday, the outlet announced the launch of CNN Max, a new service that represents the beginning of a streaming future for the channel following the abrupt shuttering of the nascent CNN+. Meanwhile, behind the scenes, there continues to be an active search for the next leader of CNN, following Licht’s dismissal. And while CNN Max might not be the luxurious streaming lifeboat that CNN+ might have been, it is a lifeboat — and some form of a vessel is better than none at all.
Persons: CNN —, Chris Licht, CNN Max, Mark Thompson, Thompson, CNN Max doesn’t, I’ve, WBD, , CNN’s Organizations: CNN, The New York Times, Warner Bros, Discovery
It is unclear how far along the talks are with Mr. Thompson and the other candidates. Mr. Thompson declined to comment. Semafor earlier reported CNN’s interest in Mr. Thompson. Since Mr. Licht’s departure, CNN has been run by four people, three of whom — Amy Entelis, Virginia Moseley and Eric Sherling — are CNN veterans. The fourth, the CNN chief operating officer David Leavy, has been a longtime lieutenant to Mr. Zaslav, and was appointed shortly before Mr. Licht’s dismissal.
Persons: Mark Thompson, Thompson, David Zaslav, Chris Licht, Semafor, Licht’s, Amy Entelis, Virginia Moseley, Eric Sherling —, David Leavy, Zaslav Organizations: The New York Times, CNN, Warner Bros, Mr, Discovery
Growing up, the conductor Maxime Pascal was a self-identified musical dilettante. As a child in the south of France, he had some skill on the violin, and sat in on the piano lessons his mother taught. Now, though, Pascal, 37, is arguably his generation’s finest conductor of 20th-century music, as well as an essential interpreter of contemporary works. And his schedule reflects both the breadth of his ambition and the respect he has garnered on some of the industry’s most prestigious stages. This month, Pascal is at the podium of the Vienna Philharmonic for the Martinu rarity “The Greek Passion” at the Salzburg Festival in Austria.
Persons: Maxime Pascal, Pascal, , Pierre Audi, Le Balcon, Kurt Weill, Bertolt Brecht’s Organizations: New Orleans, Threepenny Opera, Vienna Philharmonic, Salzburg Festival Locations: France, Aix, Provence, Austria, Paris
Why TV news executives are having a brutal year in 2023
  + stars: | 2023-08-14 | by ( Oliver Darcy | ) edition.cnn.com   time to read: +4 min
In his place, CBS announced Monday that Wendy McMahon will be chief executive and president of CBS News, the network’s local stations, and CBS Media Ventures. The formidable task is reflective of the extraordinary challenges traditional media outlets are facing amid a period of rapid and existential change to their business models and advertising woes. Increasingly, there is no longer a single powerful media executive tasked with solving for the less-than-ideal set of circumstances. The industry veteran noted that there is less of a focus on making splashy — perhaps at times risky — moves to build for the future among the C-suite ranks. Instead, there is a mounting emphasis on slashing costs to best position the mammoth media companies for the inevitable decline of linear television.
Persons: CNN — It’s, Chris Licht, Noah Oppenheim, Kim Godwin, Bob Iger, Suzanne Scott, Neeraj Khemlani, I’m, Wendy McMahon, Ingrid Ciprian, Matthews, Helming, yesteryear, , Organizations: CNN, NBC News, ABC, Fox News, Voting, CBS News, CBS, CBS Media Ventures, GOP
CNN —CBS News President and co-head Neeraj Khemlani, who has led the Tiffany Network’s news division and local TV stations for a little more than two years, abruptly announced Sunday that he would step down from his role. “I have some news to share today, and I don’t want to bury the lede,” read a memo from Khemlani to staffers. During his tenure, Khemlani bolstered CBS News’ reporting ranks, luring prominent journalists such as Robert Costa and Cecilia Vega to the outlet. The CBS News chief was the subject of a human resources probe earlier this year. Khemlani is the third network news chief to exit in 2023.
Persons: Khemlani, Tiffany, , , I’ve, ” Khemlani, Simon, Simon & Schuster, Wendy McMahon, George Cheeks, Robert Costa, Cecilia Vega, Chris Licht, Noah Oppenheim Organizations: CNN, CBS, Simon &, Khemlani, CBS News, Evening, , NBC, ABC, NBC News
CBS News chief Neeraj Khemlani reportedly stepping down
  + stars: | 2023-08-13 | by ( Ashley Capoot | ) www.cnbc.com   time to read: +2 min
Neeraj Khemlani, president of CBS News, at the annual White House Correspondents' Association Dinner in Washington, U.S., April 29, 2023. Neeraj Khemlani, the president and co-head of CBS News and Stations, is stepping down from his role, according to a Sunday report from Variety. In his current role, Khemlani is responsible for running CBS News, its local stations and popular programs like "Face the Nation," "60 Minutes" and "CBS Evening News." It is not immediately clear who will succeed Khemlani, but CBS could announce the new executive as soon as Monday, Variety said. Before joining the network, Khemlani spent more than 10 years at Hearst, where he held a number of leadership roles like executive vice president of Hearst Newspapers, president of Hearst Entertainment and Syndication and chief creative officer.
Persons: Neeraj Khemlani, Khemlani, Variety, shakeup, CNN's Chris Licht Organizations: CBS, White, Correspondents, Variety, CBS Evening, Paramount, Hearst, Hearst Newspapers, Hearst Entertainment, Media Locations: Washington , U.S
Patrick Trousdale's The Daily Upside newsletter for investors just hit 1 million subscribers. It's an example of how a media company can be profitable in a jittery time for the industry. As an investment banker at Guggenheim Partners in the last decade, Patrick Trousdale had the chance to observe the media industry up close. "You have sizzle before the steak at times with digital media," Trousdale, 33, told Insider. Patrick Trousdale.
Persons: Patrick Trousdale's, Patrick Trousdale, Trousdale, Trousdale forgoing, Puck, Graydon Carter's, Nat Rubio, Leah McGrath Goodman, Goodman, John Keeling, , " Keeling, Patrick Boyle, Substack, Keeling, there's Organizations: Guggenheim, Guggenheim Partners, Guggenheim Securities, Vice Media, Morning, Financial Times, Apple, Plaid, Business Development, Air Mail, Facebook, Google Locations: Puck
Patrick Trousdale's The Daily Upside newsletter for investors just hit 1 million subscribers. It's an example of how a media company can be profitable in a jittery time for the industry. As an investment banker at Guggenheim Partners in the last decade, Patrick Trousdale had the chance to observe the media industry up close. "You have sizzle before the steak at times with digital media," Trousdale, 33, told Insider. Patrick Trousdale.
Persons: Patrick Trousdale's, Patrick Trousdale, Trousdale, Trousdale forgoing, Puck, Graydon Carter's, Nat Rubio, Leah McGrath Goodman, Goodman, John Keeling, , " Keeling, Patrick Boyle, Substack, Keeling, there's Organizations: Guggenheim, Guggenheim Partners, Guggenheim Securities, Vice Media, Morning, Financial Times, Apple, Plaid, Business Development, Air Mail, Facebook, Google Locations: Puck
CNN —Variety has a mess on its hands. Former CNN chief Jeff Zucker, The Atlantic journalist Tim Alberta, and Puck Editor-In-Chief Jon Kelly have all called for the outlet to publicly correct the record. But, thus far, Variety has resisted taking any such action, outside quietly removing the widely panned Tatiana Siegel-written feature from its online homepage. The outlet’s deafening silence comes as the piece begins to fall apart in public. (It goes without saying that Zucker’s camp denied to Siegel that this ever happened, but she printed it anyway.)
Persons: Jeff Zucker, Tim Alberta, Puck, Jon Kelly, Tatiana Siegel, Chris Licht, , Byers, Zucker, Siegel, David Zaslav, ” Byers, Siegel weaved, imploring, Natalie Korach, Zucker’s, Ramin Setoodeh, Cynthia Littleton, Korach, Kelly, Puck’s, , Jeffrey Goldberg, , ” Goldberg Organizations: CNN, Variety, The Atlantic, Warner Bros, Penske Media Corporation, PMC, The Locations: . Alberta, ” Alberta, Miami, cabanas, , Russian, Littleton
Insiders are speculating more layoffs and organizational changes are on the way. The media giant is wrapping its ad sales upfront period, where sales have been soft across the industry. Discovery has parted ways with another top ad sales exec, and insiders are speculating that more layoffs and changes are on the way. He's also a vet of Hulu ad sales and active in digital advertising, serving on the board of trade group the Interactive Advertising Bureau. Keller's exit is the second big WBD ad sales departure this year; John Dailey stepped down from his position as SVP of ad sales in March.
Persons: Discovery's, salespeople, Jim Keller, Jon Steinlauf —, Keller, He's, WBD, Keller didn't, Chris Licht, Steinlauf, David Zaslav, John Dailey Organizations: Warner Bros, Insiders, HBO Max, Hulu, Interactive, CNN, Discovery Locations: Discovery
CNN —Variety is facing a blistering wave of backlash. “Siegel was informed by The Atlantic that the charges were completely false, but she nevertheless decided to smear Alberta. Jon Kelly, editor in chief of Puck, similarly defended his reporter, who was portrayed in the piece as a Zucker shill. Reached for comment, a Variety spokesperson notably offered a defense of the piece that contained far less fervor. The spokesperson simply said, “Variety stands by our investigative story about CNN written by one of the best journalists in the business.”
Persons: Tatiana Siegel, Jeff Zucker, Zucker, , Risa Heller, Heller, ” Heller, Chris Licht, Tim Alberta, Dylan Byers, Puck, ” Jeffrey Goldberg, “ Siegel, Siegel, ” Goldberg, Licht, , Jon Kelly, “ Dylan Byers, ” Kelly, Organizations: CNN, Variety, Hollywood, Warner Bros, The, The Atlantic, Alberta Locations: Alberta, Alberta’s
A former CNN reporter is suing the company for discrimination and improper dismissal. A former CNN reporter is suing the network for racial discrimination and improper dismissal. Saima Mohsin, a former international correspondent for CNN, broke her foot in 2014 while on assignment covering the Israel-Palestine conflict. "I worked hard to become an international correspondent and loved my job with CNN," Mohsin says in the claim, according to The Guardian. "My management believes they did the right thing as service to the American people," Christiane Amanpour, CNN's chief international correspondent, said in a Columbia Journalism School commencement speech.
Persons: Saima Mohsin, Mohsin, we'll, Don Lemon, Lemon, Chris Licht, Christiane Amanpour, Donald Trump Organizations: CNN, Guardian, Twitter, Trump Town Hall, Columbia Journalism School, The New York Post Locations: Israel, Palestine, London
CNN —The post-Chris Licht era at CNN is taking shape. Viewers saw the most visible change on Monday when CNN updated the network’s on-screen banners that Licht had implemented in the final days before his departure. While the former network chief sought to tone down the volume, the emerging iteration of CNN is reporting the news in a bolder, unbridled way. To be clear, CNN has not reverted entirely back to the style of journalism that it practiced under former network chief Jeff Zucker. And the new programs that Licht introduced into the lineup, such as “CNN News Central,” remain in place, for now.
Persons: Chris Licht, Licht, I’m, Jeff Zucker, Donald Trump’s, it’s Organizations: CNN, CNN News Central Locations: Florida, Russia
Former CNN anchor Don Lemon is speaking out two months after he was ousted from the anchor's chair. Lemon, who worked at CNN for 17 years, told ABC24 Memphis he wasn't in a "rush" to land a new gig. Former CNN anchor Don Lemon in a recent interview spoke of his commitment to the pursuit of truth two months after his ouster from the network that employed him for 17 years. CNN is unable to corroborate the alleged accounts," the network said at the time. After a turbulent 13-month tenure at the helm of CNN, Licht was also fired from his position earlier this month.
Persons: Don Lemon, Lemon, ABC24, ABC24 Memphis, I'm, Nikki Haley, Chris Licht, Haley, Licht Organizations: CNN, Morning, ABC, Republican Locations: ABC24 Memphis, American, insurrectionists, Memphis, Tenn, South Carolina
Airbnb chief Brian Chesky said he'll "challenge any leader in tech to bench press." The vow follows Elon Musk and Mark Zuckerberg apparently agreeing to hold a cage fight. Brian Chesky told Bloomberg's Dave Lee he'd "challenge any leader in tech to bench press. The vow comes days after Musk escalated his rivalry with the Meta CEO by challenging him to a cage fight. The Airbnb chief weighed in on the billionaires' plans to cage fight and told Lee: "I've been waiting for these physical battles in tech.
Persons: Brian Chesky, Elon Musk, Mark Zuckerberg, Chesky, Bloomberg he's, Bloomberg's Dave Lee he'd, Musk, Zuckerberg, Lee, I've, Christ Licht, he'd, Licht, Jeff Zucker, Zucker, Airbnb didn't Organizations: Bloomberg, CNN Locations: Atlantic
Warner Bros. Discovery chief David Zaslav is faced with finding another CEO for CNN after Chris Licht's exit. Just over a year after appointing Chris Licht to run CNN, Warner Bros. Discovery chief David Zaslav now faces the task of finding his replacement. He might look for a woman or person of color to bring diversity to a Warner Bros.
Persons: David Zaslav, Chris Licht's, Amy Entelis, Chris Licht, Zaslav, he's, he'll, CNN's, WBD, that's, Licht, Virginia Moseley, Eric Sherling, David Leavy, Claire Atkinson Organizations: Warner Bros . Discovery, CNN, Company, that's, Warner Bros, Discovery, Comcast
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Persons: Dow Jones, a1d3bc5a
A Fox News chyron called Biden a "wannabe dictator" who had his "political rival" Donald Trump arrested. Fox said in a statement Wednesday that "the chyron was taken down immediately and was addressed." Fox did not explain how the message made it onto the screen and how the matter was addressed. While Fox News aired Trump's speech live, MSNBC did not. MSNBC's Rachel Maddow made a similar pronouncement before that network chose not to air Trump's speech live.
Persons: chyron, Biden, Donald Trump, Mediaite, , Joe Biden, Fox, General Merrick Garland, Jack Smith, Trump, Karine Jean, Pierre, — Trump, Joe Tacopina, Sean Hannity's, William Barr, Jonathan Turley, Tucker Carlson, Carlson, Sara Just, Chris Licht, Jake Tapper, Tapper, It's, It's Mr, Rachel Maddow, Maddow Organizations: Fox, Service, — Fox, PBS, Trump, CNN, Fox News, White, Twitter, YouTube, MSNBC, GOP Locations: New Jersey, Jersey, New York
This week, CNN CEO Chris Licht was fired after a scathing profile was published in the Atlantic. In the profile, Licht details his own thoughts about how diversity should be defined in the media industry. In Alberta's profile, Licht claimed to be operating under his own idea of "diversity," one that does not include "virtue signaling." "I think 'Defund the police' would've been covered differently if newsrooms were filled with people who had lived in public housing," Licht continued. The diversity Licht did seem to value was geographic diversity, which can be a coded way of saying "not from the liberal coasts."
Persons: Chris Licht, Licht, MAGA, Stephen Gutowski, Trump, Tim Alberta, Jean Carroll, Kevin McCarthy, Rick Scott, Jim Acosta's, Brian Stelter's, Warner, David Zaslav, Franklin Leonard, Washington Post's Perry Bacon Jr, John Miller, Miller, Lehman, Tara Narula, Don Lemon, Reagan, Lisa Ling, Kamau Bell, New York Mondaire Jones, Jones, Kaitlin Collins, Lemon, Poppy Harlow, Collins, Laura Coates Organizations: CNN, NRA, Atlantic, Warner Bros, Discovery, Republicans, Harvard, Insider, NYPD, Stanford, Catholic, LSU, Republican, White House, Daily, White Locations: Alberta, Washington, New York City, Baton Rouge , Louisiana, Birmingham , Alabama, Mobile , Alabama, New York, Alabama, Asia
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