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CNN To Launch New Streaming Service
Mark Thompson Says New CNN Streaming Service Is in the Works as Channel Sets Major Restructuring
CNN CEO Mark Thompson announced the restructuring Thursday morning. CNN on Thursday announced major layoffs and a new strategic plan, in a post-election maneuver meant to help transform the cable channel during a challenging time for the media business.
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 is cutting hundreds of TV jobs in a digital pivot. Read the memo CEO Mark Thompson sent to staff.
CEO Mark Thompson told staff the moves aimed to better serve audiences and "secure CNN's future as one of the world's greatest news organizations."
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 Will Cut 6% of Current Staff in Digital Pivot; New Products, TV Lineup in Works
CNN will cut 6% of its current workforce as part of CEO Mark Thompson ‘s continuing efforts to build up the Warner Bros. Discovery outlet’s digital and broadband acumen as the audience flocking to its flagship cable network continues to wane. Many of his plans, telegraphed in a series of memos over recent months, have been expected.
US News Giant CNN Eyes 200 Job Cuts
CNN Cuts Jobs, Prepares New Streaming Rollout
The cable news network is laying off roughly 200 employees, or about 6% of its workforce, part of a shift CEO Mark Thompson says will help CNN’s digital transition, he wrote in a note to staff Thursday.
CNN Job Cuts Are A Painful Reminder Of Where TV News Is Heading
After months of speculation, CNN cut 6% of its TV news staff, while continuing to add talent focused on digital products. Expect more shifts like this for TV news.
US News Giant CNN Eyes 200 Job Cuts, Streaming Overhaul
US news network CNN will shed six percent of staff, some 200 people, the outlet said Thursday as it embarks on a major shakeup of staffing and programing amid a deluge of political news.
CNN to lay off hundreds
CNN and NBC News to lay off employees, CNBC reports
CNN, a unit of Warner Bros Discovery, plans to lay off hundreds of employees on Thursday, as it refocuses the business around a global digital audience, CNBC reported on Wednesday, citing people familiar with the matter.
CNN to lay off hundreds as TV group faces ‘profound’ shift in news habits
CNN has revealed plans to lay off hundreds of employees as the struggling television network’s chief executive warned of “profound and irreversible shifts” in the way audiences engage with news. In a memo to staff on Thursday,
CNN lay offs 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,
1h
on MSN
CNN hit with 6% staff cut as network sets a plan for a digital future
Cable cord-cutting and a decline in revenue led to a significant workforce reduction at the Warner Bros. Discovery unit while new employees are hired for digital efforts.
18h
on MSN
Key lines from Trump’s first Oval Office TV interview
President Donald Trump wouldn’t rule out investigating former President Joe Biden in a Fox News interview aired Wednesday.
20h
on MSN
Streamers Make Big Splash at duPont Columbia Awards, But Many Big Traditional TV-News Outlets Don’t
Streamers made a big splash at the annual duPont Columbia Awards, but many traditional national TV news outlets did not ...
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