Is Mark Thompson the answer to CNN’s prayers?
Failing news network CNN has finally found someone to replace ousted CEO Chris Licht. According to a report from Just The News, former New York Times and BBC exec Mark Thompson will take the job (poor guy).
CNN made the Thompson’s hire official on Wednesday, making him the seventh person to grab the steering wheel of the doomed ship over the past year and a half.
From Just The News:
Originally from London, Thompson had worked as the chief executive of The New York Times and as the BBC’s director-general before joining CNN.
The news network has faced a series of challenges since February 2022, when CNN President Jeff Zucker resigned over his failure to disclose a relationship with a colleague. Chris Licht was named his successor and became CEO and chairman of the company later that month.
Licht was fired in June 2023 following declining ratings and financial troubles.
Since Licht left CNN, four different interim leaders led the news organization as its parent company, Warner Bros. Discovery, searched for a new CEO, according to Axios.
“The world needs accurate trustworthy news now more than ever and we’ve never had more ways of meeting that need at home and abroad,” Thompson said Wednesday.
CNN has struggled with last-place ratings for years —can Thompson turn it around?
CNN names Mark Thompson new CEO https://t.co/xTiJVMJmp2
— Just the News (@JustTheNews) August 30, 2023