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, Thompson wrote, “Our objective is a simple one: to shift CNN’s gravity towards the platforms and products where the audience themselves are shifting and, by doing that, to secure CNN’s future as one of the world’s greatest news organizations. America and the world need high quality, fair-minded, trustworthy sources of news more than ever. This difficult and sometimes painful process of change is the only way to make sure we can still provide it.”
The changes also include ones to its network’s schedule, with The Situation Room with Wolf Blitzer and Pamela Brown replacing Jim Acosta’s 10 a.m. show, and plans for a new morning show with Audie Cornish, according to The New
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