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Mark Thompson Says New CNN Streaming Service Is in Works
Mark Thompson Says New CNN Streaming Service Is in the Works as Channel Sets Major Restructuring
CEO Mark Thompson announced the news to staff Thursday morning, adding that CNN would cut about 6 percent of jobs, or about 200 people. He adds that the company is actively recruiting for hundreds of new job, with about 100 expected to be filled in the next few months, thanks to a $70 million investment from parent company Warner Bros. Discovery.
CNN is building a new streaming service nearly three years after killing its last one
CNN is developing a new streaming service — and it sounds a lot like the one it shut down nearly three years ago. In an internal memo shared with The Verge, CNN CEO Mark Thompson says the service will give viewers the ability “to stream news programming from us on any device they choose” as part of a broader restructuring plan.
CNN To Launch New Streaming Service As It Sets Sights On Digital Future; About 200 Jobs To Be Cut In Restructuring
CNN is cutting about 200 jobs as it focuses on a digital future, the network announced today, while its CEO Mark Thompson unveiled plans for a new subscription streaming service. In a memo to staffers,
CNN, Mark Thompson
CNN boss Mark Thompson confirms 200 layoffs across cable TV network in digital push
CNN boss Mark Thompson on Thursday revealed sweeping changes at the embattled network that include 200 job cuts and a pivot to a more digital-centric strategy, the company said. The layoffs at the Warner Bros Discovery-owned network will amount to 6% of CNN’s workforce – mainly producers, editors and other non-air talent vital to the TV operation.
CNN lays off 6% of its workforce as CEO Mark Thompson announces $70 million digital transformation
CNN is laying off 6% of its workforce, or roughly 200 staffers, as the cable network aims to transform its newsroom into a digital-first operation.
CNN lay offs about 200 employees as part of shift to digital model
CNN, already beset by historically low television ratings, is laying off six percent of its staff, roughly 200 people, chief executive Mark Thompson announced in a memo to employees Thursday morning. The cuts, which will affect CNN employees around the world, will be completed by the end of the week.
1d
on MSN
CNN boss Mark Thompson told Jake Tapper, Anderson Cooper and 100 other journalists not to ‘express outrage’ during Trump inauguration: report
CNN boss Mark Thompson told more than 100 journalists and top on-air talent including Jake Tapper and Anderson Cooper that ...
6h
CNN Plots Major Overhaul as It Enters a New Trump Era
Mark Thompson has promised to reinvent CNN since he arrived in 2023. Now, he is remaking the network’s TV lineup and its work force.
1d
on MSN
CNN chief Mark Thompson asks journalists to avoid ‘trashing’ Donald Trump during inauguration coverage
CNN has adopted a more neutral stance in its coverage of President Donald Trump's second term. CEO Mark Thompson instructed ...
4h
on MSN
Jim Acosta ‘may exit’ CNN rather than accept move to graveyard shift: report
Mark Thompson, the CNN top boss, announced a lineup reshuffle that will see Wolf Blitzer move his “Situation Room” program to the mornings.
3h
CNN Cuts Jobs, Prepares New Streaming Rollout
CNN is laying off roughly 200 employees, or about 6% of its workforce, as part of the cable network’s shift toward digital ...
3h
on MSN
Jake Tapper, Wolf Blitzer, Audie Cornish Get New Timeslots as CNN Shakes Up TV Lineup
The new lineup was unveiled just hours after CNN CEO Mark Thompson outlined job cuts and a digital-first strategy for the venerable cable news channel.
20h
on MSN
CNN Expected to Unveil Significant Layoffs
CNN is expected to unveil significant staffing cuts as soon as Thursday, according to three people familiar with the matter, ...
22h
on MSN
CNN plans to lay off hundreds of employees, cut costs; NBC plots firings
The job cuts come as CNN looks to rearrange its linear TV lineup and building out digital subscription products.
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