CNN is losing viewers and its boss has lost the trust of his staff. Warner Bros. Discovery now has to try to salvage Licht's tenure as chief executive.
CNN Chairman Chris Licht is trying to win back the support of his troops following a disastrous magazine piece about his first year at the network.
Based on his remarks he made at the network’s morning meeting, Licht recognized the damage the piece has caused internally.Licht will take over the news organization in May after Discovery completes its acquisition of CNN parent WarnerMedia. But the narrative circulating inside CNN is that Leavy will be getting working knowledge of the division so he could eventually take over in the event Licht cannot turn things around.
Despite the show of support for Licht, Leavy is acting like an executive who will be deeply involved in all aspects of the network. He has already reached out to on-air talent at the network and the agents who represent them, according to several people who have been contacted. The transition from executive producer to the chief executive of a nearly 4,000-person news organization has turned out to be perilously fraught.
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