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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 laying off about 200 employees as part of shift to digital model
The company plans to create a new digital streaming product, chief executive Mark Thompson said. CNN, already beset by historically low television ratings, is laying off six percent of its staff, roughly 200 people,
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 ...
13h
on MSN
CNN is announcing layoffs as part of a further shift to digital business
CNN is expected to lay off about 200 of its employees, or 6% of its workforce, in part of a shift toward a more ...
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 ...
11h
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.
India Today on MSN
31m
CNN Announces 200 Layoffs Amid Digital Shift
The layoffs are concentrated in CNN’s TV business, where ratings have tumbled as consumers cut off cable and seek other news ...
7h
on MSN
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 ...
13h
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.
The Independent on MSN
13h
CNN staffers blast ‘tone deaf’ CEO Mark Thompson over layoffs as Jim Acosta mulls move to midnight slot
He gave the least inspiring remarks about layoffs that I’ve ever heard,” one CNN employee told The Independent about Mark Thompson’s announcement of hundreds of job cuts.
15h
CNN to lay off dozens as part of major restructuring
Cable giant CNN is planning to lay off dozens of employees and undergo a major restructuring as the outlet looks to retool ...
1d
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, ...
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