Home » News » Mark Thompson Appointed as CEO of CNN to Revive Struggling Streaming News Channel

Mark Thompson Appointed as CEO of CNN to Revive Struggling Streaming News Channel

The Warner Bros group. Discovery has appointed British media veteran Mark Thompson, who once ran the BBC and The New York Times, to head CNN in an attempt to relaunch the streaming news channel struggling for identity and audience .

At 66, Mr. Thompson succeeds the post of CEO of CNN to Chris Licht, disputed internally and pushed towards the exit last June, only one year after his arrival, against a backdrop of falling audiences and after a controversy around a program deemed too favorable to the favorite of the Republican primary, former US President Donald Trump.

Mark Thompson will notably have the delicate mission of reviving the hearings of CNN, outdistanced by its rivals Fox News and MSNBC, during this primary then during the presidential campaign of 2024, which promises to be electric with the upcoming trials of the Republican billionaire.

“Mark is a true innovator who has transformed two of the world’s most respected journalism institutions into the digital age,” said the CEO of Warner Bros. Discovery, David Zaslav, hailing “a tremendous force for CNN and journalism at this pivotal time”.

Managing Director of the BBC from 2004 to 2012, Thompson was then CEO of The New York Times (2012-2020), a period during which the prestigious American daily successfully transformed to adapt to the digital age and increase its subscribers (nearly 10 million in 2023).

Already losing momentum after the Trump era, which galvanized the audiences of continuous news channels in the United States, CNN had to fire one of its star presenters Chris Cuomo at the end of 2021, for having helped his brother Andrew Cuomo, the former governor of New York State, to try to counter accusations of sexual harassment.

Then his emblematic boss, Jeff Zucker, had to resign in February 2022, after the revelation of a hidden relationship with a colleague.

One of Mark Thompson’s first missions will be to pilot the launch of CNN Max, launched on September 27 on the Max platform (ex-HBO Max), an entry into the streaming era for the cable news channel.

A previous paid streaming service project, CNN+, was scrapped with a loss in April 2022, just weeks after its launch, and shortly after WarnerMedia (CNN, HBO Max) merged with Discovery to form the media giant and Warner Bros Discovery streaming.

(With AFP)

2023-08-30 19:22:10
#United #States #CEO #BBC #York #Times #relaunch #CNN #Media #Leader

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