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☆ Pressure mounting on Warner Bros. Discovery CEO David Zaslav to deliver value for shareholders
▼ + stars: | 2024-08-08 | by ( Alex Sherman | ) www.cnbc.com time to read: +3 min

Discovery CEO David Zaslav needs a win. Since merging Discovery with WarnerMedia in 2022 and immediately slashing billions in costs, Zaslav has struggled to convince shareholders that his company is a worthy investment. Warner Bros. Discovery shares have fallen about 70% since April 8, 2022, the day the merger closed. Making matters worse for him, Zaslav has long been one of the highest paid CEOs in the country.

Persons: David Zaslav, Zaslav, Chris Licht, John Malone, That's, WarnerMedia, Robert Fishman Organizations: Warner Bros, Discovery, CNN, Boston, NBA, Warner Bros . Discovery Locations: U.S

☆ CNN chief Mark Thompson announces sweeping overhaul of news network, cuts 100 jobs
▼ + stars: | 2024-07-10 | by ( Oliver Darcy | ) edition.cnn.com time to read: +7 min

CNN —Mark Thompson, the CNN chief executive appointed last year to modernize the news network, unveiled a set of sweeping changes to the iconic outlet Wednesday, announcing plans to build a billion-dollar digital business, experiment with artificial intelligence and overhaul key newsroom structures. Mark Thompson officially started on October 9 as CNN's chief executive and chairman and will also act as the network's editor-in-chief. Thompson, who is widely credited for revitalizing The Times, was appointed CNN chief executive last summer, after Licht’s tumultuous run in the job. Since then, Thompson has spoken consistently about the need to transform CNN’s business but has largely avoided offering specifics. Whether Thompson can successfully create a billion-dollar digital news business at CNN remains to be seen.

Persons: Mark Thompson, Thompson, ”, Art Streiber, ” Thompson, “, CNN Max, Max, Ted Turner, CNN’s, Charlie Moore, “ Anderson Cooper, Jeff Zucker, Chris Licht, Zucker, Licht Organizations: CNN, Netflix, Warner Bros, Discovery, Inc, Warner Bros ., The New York Times, The Times Locations: CNN’s Hong Kong, London, Los Angeles

☆ CNN presidential debate marks a pivotal moment for the network as it hopes to reverse its fortunes
▼ + stars: | 2024-06-26 | by ( Hadas Gold | ) edition.cnn.com time to read: +8 min

CNN —CNN on Thursday will do something no network has done in more than 35 years – host its own general election presidential debate. Thursday night’s presidential debate, a marketing coup for CNN and its new chief executive, Mark Thompson, will offer the network a bright spot – and expectations of record ratings, even if viewers end up watching the debate on other networks. No matter where viewers tune in to watch the primetime matchup between President Joe Biden and former President Donald Trump, it will be clear this is a CNN debate. Rival networks, for example, have agreed to use CNN in the programming title and keep the red CNN logo on screen throughout the debate. For CNN, the branding boost from the debate may provide a much-needed shot in the arm.

Persons: Mark Thompson, Joe Biden, Donald Trump, Chris Licht, Kaitlan Collins, Licht, Thompson, ”, Biden, It’s, David Chalian, “, aren’t, ” Frank Fahrenkopf, “ regrettably, “ The, Harris, George W, Bush, Al Gore, Alan Schroeder, ” Schroeder, Trump, Jake Tapper, Dana Bash, “ Trump, ” Chalian, Jake, Dana, Fahrenkopf, they’ll, Schroeder Organizations: CNN, MSNBC, Fox, Nielsen, Trump, “ The Biden, Harris Campaign, ABC, NBC, Northeastern University, Biden

☆ Patience wears thin at ABC News as frustrated staffers wonder when Disney will make leadership changes
▼ + stars: | 2024-05-03 | by ( Oliver Darcy | ) edition.cnn.com time to read: +4 min

After the meeting concluded, a person familiar with the situation told CNN that Godwin was simply at a prescheduled doctor’s appointment. Regardless, the rampant speculation her absence spurred spoke to the apprehension of staffers, who are thirsty for change and whose patience is wearing thin. Bob Iger is known to pay special attention to ABC News and OConnell wouldn’t have been appointed had Disney brass not felt it necessary. “She knew it was bad, but I don’t think she knew how bad it was,” a network insider told CNN. It’s now up to OConnell to dig ABC News out of the ditch and infuse it with its old swagger.

Persons: Kim Godwin, Godwin, Debra OConnell, Greg Doherty, Bob Iger, OConnell, Akin, Chris Licht’s, It’s Organizations: New York CNN, ABC, CNN, Disney, ABC News Locations: New York, Burbank

☆ Poppy Harlow announces she will exit CNN after nearly two decades
▼ + stars: | 2024-04-26 | by ( Oliver Darcy | ) edition.cnn.com time to read: +3 min

CNN —Poppy Harlow, the longtime CNN anchor who most recently co-helmed “CNN This Morning,” announced Friday that she will exit the network. “The nearly two decades since have been a gift,” Harlow wrote in an email to colleagues. Jeremy FreemanThompson, after taking over from Licht, announced in February that he would reconfigure CNN’s morning lineup. CNN engaged in discussions with Harlow, but ultimately she decided to exit the network. ), and to support the evolution of journalism in every way I can, while preserving the human(ity) in it,” Harlow wrote.

Persons: Poppy Harlow, ”, ” Harlow, “, ” Mark Thompson, Harlow, ” Poppy Harlow, Mike Coppola, CNN “ She’s, ” Thompson, Warren Buffet, Mark Zuckerberg, Melinda Gates, Susan Wojcicki, Jamie Dimon, Chris Licht, Kaitlan Collins, Don Lemon, Lemon, Collins, Jeremy Freeman Thompson, Kasie Hunt Organizations: CNN, American Museum of, Boston Marathon, Washington , D.C, Harlow Locations: New York City, Paris, Licht, Washington ,

TAMPA, Fla. (AP) — Baker Mayfield is staying with the Tampa Bay Buccaneers after agreeing to a three-year contract worth up to $115 million, a person familiar with the deal told The Associated Press on Sunday. The person spoke to the AP on condition of anonymity because the agreement, which includes $50 million guaranteed, had not been finalized. The Tampa Bay Times reported Mayfield will receive $30 million in 2024 and $30 million in 2025, with $20 million guaranteed in the second year of the deal. Mayfield agreed to terms two days after Tampa Bay finalized a two-year, $52 million contract with star receiver Mike Evans, who also passed up an opportunity to test his worth in free agency. The Bucs are also interested in extending the contract of left tackle Tristan Wirfs, who's due to earn a fifth-year option salary of $18.2 million next season.

Persons: — Baker Mayfield, Mayfield, Tom Brady, Dak Prescott, Mike Evans, Evans, Mayfield’s, Liam Coen, Dave Canales, Coen, Jason Licht, Antoine Winfield, who's, Lavonte David, Chase McLaughlin, Tristan Wirfs, Rob Maaddi, ___ Organizations: Tampa Bay Buccaneers, Associated Press, Tampa Bay Times, Bucs, NFC, Cleveland Browns, Carolina Panthers, Los Angeles Rams, NFL, Tampa Bay's, Philadelphia, Detroit, Tampa, Panthers, Rams, AP Pro Football Locations: TAMPA, Fla, Mayfield, Tampa

☆ CNN overhauls morning show lineup under new CEO after sagging ratings
▼ + stars: | 2024-02-05 | by ( Oliver Darcy | ) edition.cnn.com time to read: +2 min

New York CNN —CNN announced Monday that it will overhaul its entire slate of morning programming, charting a new course under new chief executive Mark Thompson as the cable news network works to improve its lackluster ratings. The network said that it will revamp its flagship morning offering, “CNN This Morning,” currently hosted by Poppy Harlow and Phil Mattingly. “CNN This Morning,” which has aired from 6 a.m. to 9 a.m. Prior to joining CNN in 2021, Hunt anchored mornings on MSNBC and played a key role on “Morning Joe,” the network’s politics-focused rival program that has long been a force in morning ratings. CNN said that it is in talks with Harlow and Mattingly concerning new roles at the network.

Persons: New York CNN —, Mark Thompson, ”, Poppy Harlow, Phil Mattingly, Chris Licht, Kasie Hunt, Hunt, Mattingly, Thompson, who’ve, ” Thompson, “, Jim Acosta, Pamela Brown, Brown, Wolf Blitzer Organizations: New, New York CNN, New York CNN — CNN, CNN, MSNBC, Harlow, Central Locations: New York, Washington , DC, York, Atlanta and Washington, DC

☆ CNN chief Mark Thompson outlines his plan to transform the network for the future: ‘It’s time for a revolution’
▼ + stars: | 2024-01-18 | by ( Oliver Darcy | ) edition.cnn.com time to read: +6 min

New York CNN —Mark Thompson, on his 100th day as CNN’s new leader, sent his 4,000-person strong workforce a 2,300-word memo that said both a lot and very little at the same time. Thompson began his manifesto by referencing how CNN’s founder, Ted Turner, revolutionized the news by introducing a 24/7 live-feed on cable television. That group, colloquially known internally as “The Quad,” is comprised of Virginia Moseley, executive vice president of editorial; Amy Entelis, executive vice president of talent; Eric Sherling, executive vice president of programming; and David Leavy, chief operating officer. Mike McCarthy, who has for years led CNN International, will become managing editor of CNN, reporting to Moseley, Thompson said. “Change is essential if we’re to secure this great news company’s future,” Thompson wrote.

Persons: Mark Thompson, Thompson, Ted Turner, ”, “, ” Thompson, CNN “, Chris Licht, Virginia Moseley, Amy Entelis, Eric Sherling, David Leavy, Moseley, Mike McCarthy, Alex MacCallum, —, CNN —, MacCallum, it’s, Ted Turner’s Organizations: New York CNN, CNN, CNN International, New York Times, ” Locations: New York

☆ There will be record CEO turnover this year, says top PwC boss
▼ + stars: | 2024-01-18 | by ( Lakshmi Varanasi | Cadie Thompson | ) www.businessinsider.com time to read: +4 min

Expect to see a record rate of CEO turnover this year, PwC's Tim Ryan said at Davos. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . "We will see more turnover in the C-Suite in the next 12 months than we have ever," Tim Ryan, PwC senior partner, told Business Insider at the World Economic Forum in Davos , Switzerland this week. CEO turnover is already high. AdvertisementCorrection: Thursday, January 18, 2024 — This article has been updated to reflect Tim Ryan's current title, which is senior partner at PwC.

Persons: PwC's Tim Ryan, —, Tim Ryan, PwC, Ryan, you've, You've, isn't, Gray, Chris Licht, GameStop's Matthew Furlong, Jeff Shell, Ron Shaich, Tim Ryan's Organizations: Davos, Service, Economic, NBC, Economic Policy Institute, East Locations: Davos, Switzerland, PwC

☆ Big M&A and Bob Iger's future: 13 media executives make their anonymous 2024 predictions
▼ + stars: | 2023-12-20 | by ( Alex Sherman | ) www.cnbc.com time to read: +14 min

Executive 2: Bob Iger will, again, extend his contract as Disney CEO Earlier this year, Disney CEO Bob Iger renewed his contract through 2026. This executive predicted "fool me five times, shame on me." This executive predicted Peltz and Rasulo will win their campaign and both join the board. This person predicted Disney would purchase privately held Candle Media to acquire Moonbug Entertainment, the owner of CoComelon. This executive predicted Yaccarino would either lose patience or find her job increasingly pointless and leave the company in 2024.

Persons: Andrew Ross Sorkin, Walt Disney Company Bob Iger, Michael M, David Zaslav, Slaven Vlasic, NBCUniversal, Brian Roberts, Roberts, Donna Langley, Bob Iger, Iger, Nelson Peltz, Jay Rasulo, Marco Bello, Peltz, Rasulo, Disney's, Dana Walden, Dana Walden Jason Laveris, Disney Entertainment Dana Walden, Walden, Bob Chapek, Andrew Wilson, Wilson, Chris Licht wouldn't, McCarthy, Andrew Wilson Michael Newberg, Kevin Mayer, Mayer, Bryan van der Beek, Tom Staggs, Staggs, Jayson Tatum, Kyle Terada, NBCUniversal's Peacock, Alec Martinez, Gray, Discovery's Max, Jeff Zucker, Lady Michelle Obama's, Michelle Obamas, Cheriss, Gerry Cardinale, Jeff Shell, RedBird, Shari Redstone's, David Ellison, Byron Trott, Zucker, Mark Thompson, Linda Yaccarino, X Linda Yaccarino, Vox, Jerod Harris, Yaccarino, CNBC's Julia Boorstin, Boorstin, Elon Musk's, Jason LaVeris, Barbie, Mario, Oppenheimer, LightShed's Greenfield Organizations: Walt Disney Company, New York Times, Santiago, Getty, Jazz, Lincoln Center, Warner Bros ., Comcast, Warner Bros, Discovery, Disney, Trian Fund Management, Future Investment Initiative, Summit, Bloomberg, Filmmagic, Disney Entertainment, Electronic Arts, CNBC, Candle Media, Iger, Media, Moonbug Entertainment, Apple Boston Celtics, Golden State Warriors, USA, National Basketball Association, NBA, Apple, The College, ESPN, College, NHL, MLB, Vegas Golden Knights, Florida Panthers, Mobile, National Hockey League, Diamond Sports Group, Scripps, Gray Television, Las Vegas Golden Knights, Arizona Coyotes, Phoenix Suns, Street Journal, Netflix, Hulu, Max, Paramount, RedBird, Paramount Global, CNN Worldwide, CNN, NurPhoto, BDT, The Ritz, Carlton, FilmMagic, Mario Bros Locations: New York City, Disney, Miami , Florida, Las Vegas , Nevada, Laguna Niguel, Dana Point , California

☆ Better understanding of health outcomes may galvanize support for fighting climate change, Reckitt CEO says
▼ + stars: | 2023-12-01 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBetter understanding of health outcomes may galvanize support for fighting climate change, Reckitt CEO saysKris Licht, CEO of Reckitt, discusses the public health implications of climate change at the COP28 summit.

Persons: Kris Licht

Mr. Zaslav, who took over Warner Bros. But the tumultuous personnel changes at CNN under Mr. Zaslav’s leadership make clear that a Zaslav friendship, no matter how deep or longstanding, has its limits. Jeff Zucker, replaced as CNN’s chief executive by Mr. Licht, frequently described himself as Mr. Zaslav’s best friend. Don Lemon, the longtime host, socialized with Mr. Zaslav in New York and the Hamptons. CNN ousted Mr.

Persons: Chris Licht, David Zaslav, Zaslav, Zaslav’s, Jeff Zucker, . Licht, Don Lemon, Lemon Organizations: CNN, Warner Bros, Discovery, Hamptons Locations: New York

NEW YORK (AP) — For what it's worth, CNN's best-known international journalist, Christiane Amanpour, also found it odd that she's had little visible presence on the company's North American network for the past several years. The London-based Amanpour envisions her show as a weekly letter to Americans about what is going on in the world and why it's important to them. Amanpour, 65 and celebrating her 40th year at CNN, was for a long time the face viewers were most likely to see reporting from the world's hotspots. That has primarily, although not always, been left to others since she began hosting the studio show “Amanpour” each weekday. I know we can live in a world that's not 100% tribalized.”Amanpour said she's optimistic about Mark Thompson, a fellow Brit who recently began as CNN's new chief.

Persons: Christiane Amanpour, Chris Wallace, Michael Smerconish, Victor Blackwell, Amanpour, ”, “ I've, I've, Yitzhak Rabin, Sameh Shoukry, Jane Hartley, Sir Robert John Sawers, —, ” Amanpour, Mark Thompson, Chris Licht's, Donald Trump, “ Organizations: CNN, CNN International, PBS, Associated Press, Brit, Columbia Journalism School Locations: London, United States, Israel, U.S, Britain

☆ Halloween portraits on the New York City subway are a ‘fantastical ride’
▼ + stars: | 2023-10-27 | by ( Jacqui Palumbo | ) edition.cnn.com time to read: +3 min

For nearly two decades, one New York photographer, who goes by the artist name Seymour Licht, has documented spectral, peculiar and outlandish parade- and partygoers in transit across the city. Now, Licht, has put together a book called “Halloween Underground,” timed to the 50th anniversary of the Village Halloween Parade. Twenty years on, Licht ultimately views the work as a “fantastical ride” through the underbelly of the city. Seymour LichtA couple at Lorimer Street taking inspiration from Ancient Egypt. Seymour Licht

Persons: Seymour Licht, Rene Magritte, “, ” Licht, Licht, ”, — Licht, Pennywise, Michael Myers, Wes Anderson, Fox ”, lurks, Fox, Magritte, Lorimer, Seymour Organizations: CNN, Union, Fuji Locations: York, Samara, “, Manhattan, Bedford, Brooklyn, Egypt

The company's third-quarter sales volumes were also up against a tough comparative period from last year, when the recall of a rival U.S.-based company's infant formula boosted sales of Reckitt's Enfamil products there. Reckitt said quarterly like-for-like net sales rose 3.4%, behind the 3.7% growth analysts had expected in a company-supplied poll. Rival consumer products makers who have raised prices over the past two years have said in recent weeks that sales volumes could soon see improvements. The price/mix for Reckitt's products, which include Nurofen tablets and Durex condoms, rose 7.5%. Volumes declined 4.1% compared with last year.

Persons: Andrew Kelly, Reckitt, Kris Licht, Bernstein, Bruno Monteyne, Richa Naidu, Jason Neely, David Evans, Helen Popper Our Organizations: Benckiser, REUTERS, Wednesday, Thomson Locations: Manhattan , New York City, U.S

☆ Even CEOs are joining the 'Great Resignation'
▼ + stars: | 2023-10-20 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +3 min

CEOs are quitting at record rates this year with 1,425 exits in the first nine months of 2023 alone. That's according to a new report by Challenger, Gray, and Christmas about the number of CEO exits in 2023. AdvertisementAdvertisementCEOs are the latest to bow under the pressure of a challenging economic environment and are joining the "Great Resignation," at record rates, a new report by outplacement firm Challenger, Gray & Christmas found. According to Challenger, Gray & Christmas' report, 164 CEOs quit in September 2023, up from the 74 CEOs who left their jobs in the same period last year. CEO exits in the government and non-profit sector were also up sharply from last year, climbing from 190 to 353.

Persons: Gray, There's, CNN's Chris Licht, —, Elon Musk, Linda Yaccarino, Chris Licht Organizations: Challenger, Service, SEC, Twitter, CNN

☆ After a year of chaos, CNN bets on new CEO Thompson to focus on long-term viability
▼ + stars: | 2023-09-19 | by ( Alex Sherman | ) www.cnbc.com time to read: +5 min

Entelis, Moseley, Sherling and Leavy all plan to stay at CNN as Thompson takes over as CEO, according to people familiar with the matter. Programming CNN MaxBefore joining The New York Times, Thompson was director-general — a combination of chief executive and editor-in-chief — of the British Broadcasting Corporation. He'll have a chance to develop new shows at CNN Max, a tab in Warner Bros. With CNN Max, Thompson will try to program for a younger audience. Thompson will have some runway to invest in CNN Max.

Persons: Brandon Bell, Mark Thompson, Thompson, Donald Trump, Entelis, CNN hasn't, Licht, Jeff Zucker, Andrew Morse, CNN Max, CNN's, —, Zucker, Jason Kilar, Max, JB Perrette, Gabelli's Kevin Dreyer Organizations: CNN, Getty, Licht, Warner Bros . Discovery, Republican, The New York Times, Times, New York Times, CNN.com, Athletic, British Broadcasting Corporation, Warner Bros, U.S, Variety, Disney Locations: Atlanta , Georgia, Thompson's, Moseley, Sherling

☆ Jen Psaki gets Monday prime time spot on MSNBC
▼ + stars: | 2023-09-07 | by ( Oliver Darcy | ) edition.cnn.com time to read: +1 min

The former White House press secretary turned MSNBC personality will begin hosting the network’s Monday 8pm ET hour starting on September 25. Psaki has hosted “Inside with Jen Psaki” on Sundays at 12pm ET since the spring of this year, frequently becoming the top-rated cable news show in the timeslot. The shared hour of prime time is not the first for MSNBC. In June, MSNBC also dethroned Fox News in the ratings, snapping the right-wing channel’s 120-week winning streak in prime time. Psaki joined MSNBC from the Biden White House in May 2022 as a political analyst.

Persons: CNN — Jen Psaki’s, Psaki, Jen Psaki ”, Chris Hayes, Hayes, Alex Wagner, Rachel Maddow, Maddow, Donald Trump, Chris Licht, Symone Sanders, Kamala Harris Organizations: CNN, White House, MSNBC, Fox News, Biden White House, Sunday Locations: ”

☆ Anderson Cooper says there was a steep learning curve in figuring out how to cover a candidate like Trump
▼ + stars: | 2023-09-04 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +3 min

Cooper discussed the challenges of covering a Trump in an interview with the NYT. He said there was a "steep learning curve in figuring out how to deal with a candidate who is completely willing to lie." Cooper also defended CNN's town hall with Trump, calling him a "front-runner" in the Republican presidential primary. "There was a steep learning curve in figuring out how to deal with a candidate who is completely willing to lie and lies repeatedly and often," Cooper told the NYT. Aside from the challenges posed by Trump, Cooper also reflected on broader developments in the media landscape.

Persons: Cooper, Donald Trump —, Anderson Cooper, Michael Cohen's, Trump, CNN's, Chris Licht, Licht, — Cooper, Eric Sevareid — Organizations: Trump, Republican, Morning, New York Times, CNN, Republican Party, GOP, Cronkite Locations: CNN's, Trump

☆ Anderson Cooper Is Still Learning to Live With Loss
▼ + stars: | 2023-09-03 | by ( David Marchese | ) www.nytimes.com time to read: +8 min

Talk Anderson Cooper Is Still Learning to Live With LossFor decades, Anderson Cooper, 56, has been a steady, humane and comparatively calm presence on TV news. I could write maybe a little essay about my gay — I don’t know what. Cooper reporting for CNN’s “Anderson Cooper 360°” in Ghana in 2009. So I don’t think you can paint with quite as broad a brush. I don’t know.

Persons: Anderson Cooper, CNN’s “ Anderson Cooper, ”, Cooper, Wyatt, Carter, Gloria Vanderbilt, “ Astor, “ Vanderbilt, Katherine Howe, Chris Licht, ” Cooper, ” Anderson Cooper, Wyatt Cooper, Jack Robinson, I’ve, didn’t, we’ve, Brent Stirton, Fox, Jake Tapper, I’m, Donald Trump, Spencer Platt, “, he’d, he’s, that’s, Charlie Brown, womp, David Marchese, Alok Vaid, Menon, ordinariness, Joyce Carol Oates, Robert Downey Jr Organizations: CNN, Hulton, Fox, Fox News, Republican, Marvel Locations: ”, Ghana, South Carolina

☆ Warner Bros Discovery taps media veteran Thompson as CEO of CNN
▼ + stars: | 2023-08-30 | by ( ) www.reuters.com time to read: +2 min

The exterior of the Warner Bros. With Thompson, 66, 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." "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 in a statement. A big focus area for Thompson is likely to be the recently announced round-the-clock news service called CNN Max, which will be available on Warner Bros Discovery's streaming platform. Those estimates are for the CNN networks that operate in the United States, including CNN en Español and CNN International.

Persons: Alyssa Pointer, Mark Thompson, Thompson, Chris Licht, Donald Trump, Stephen Colbert, David Zaslav, CNN Max, Aditya Soni, Shinjini Organizations: Warner Bros . Discovery, REUTERS, Warner Bros Discovery, CNN, New York Times, BBC, Republican U.S, Times, Warner Bros, P Global Market Intelligence, Español, CNN International, Fox News, MSNBC, Nielsen, Thomson Locations: Warner Bros . Discovery Atlanta, Atlanta , Georgia, U.S, United States

☆ Mark Thompson named CNN chief executive and chairman at critical juncture in news network’s history
▼ + stars: | 2023-08-30 | by ( Oliver Darcy | ) edition.cnn.com time to read: +7 min

I am confident he is exactly the leader we need to take the helm of CNN at this pivotal time,” David Zaslav, the chief executive of CNN parent company Warner Bros. At the Times, Thompson successfully transformed the newspaper into a digital powerhouse. CNN+, which launched last year as the network’s ownership changed hands from AT&T to Warner Bros. The standalone streamer also didn’t fit into Warner Bros. Discovery’s larger plans to house all content inside a single super-streamer. The streaming service will be located inside the Max app, alongside content from HBO, Discovery, and Warner Bros. Pictures.

Persons: Mark Thompson, “ Mark, ” David Zaslav, Thompson, Donald Trump, Trump, Jeff Zucker, Chris Cuomo, Don Lemon, Chris Licht, nosediving, Licht, Zaslav, Amy Entelis, Virginia Moseley, Eric Sherling, David Leavy, ”, CNN Max, Jake Tapper ” Organizations: CNN, The New York Times, BBC, Warner Bros, Discovery, Times, MSNBC, Atlantic, CNN Digital, The Times, CNN.com, U.S, Warner Bros . Discovery, HBO, Warner Bros .

☆ CNN taps media veteran Thompson as CEO to spearhead turnaround
▼ + stars: | 2023-08-30 | by ( Aditya Soni | ) www.reuters.com time to read: +3 min

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

☆ CNN names former New York Times CEO Mark Thompson as its chief
▼ + stars: | 2023-08-30 | by ( Lillian Rizzo | ) www.cnbc.com time to read: +9 min

Mark Thompson is stepping in as the next CEO and chairman of CNN. Discovery CEO David Zaslav told staff in a note Wednesday. Before closing the deal, Zaslav had appointed Licht as CNN's CEO, who was previously the chief executive behind the "CBS This Morning" news program and "Morning Joe" on MSNBC. While network executives Amy Entelis, Virginia Moseley, Eric Sherling and David Leavy led CNN since Licht left CNN, Warner Bros. Shortly, we will announce that highly respected news executive Mark Thompson will be joining our leadership team as Chairman and CEO, effective October 9, reporting directly to me.

Persons: Mark Thompson, Thompson, Chris Licht, Thompson's, David Zaslav, Jeff Zucker, –, Andrew Cuomo, Zucker's, Chris Cuomo, Zucker, Zaslav, Licht, Joe, network's, Donald Trump, Kaitlan Collins, Amy Entelis, Virginia Moseley, Eric Sherling, David Leavy, Read, Mark, Amy, Eric, I've, David Read, you've, David Zaslav's, Wagner, you'll Organizations: CNN, Parent, Warner Bros, Discovery, The New York Times, BBC, Warner Bros . Discovery, Max, New York Gov, MSNBC, CNN Worldwide, Times, Tiananmen Locations: U.S, David, Virginia, London, Washington, DC

☆ CNN’s new chief faces a crucial test on several fronts that will define the network’s future
▼ + stars: | 2023-08-30 | by ( Oliver Darcy | ) edition.cnn.com time to read: +7 min

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

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