Top Level Resignation From Network Indicates Big Trouble For CNN

CNN is dying and there is nothing the network can do to reverse the decline.

The cable news giant has been suffering from rating issues, declines in viewership, a lack of public trust, highly partisan policies,  internal disarray, and the increasing obsolescence of legacy media outlets.

Chris Licht was brought in as CEO in an attempt to remedy many of these issues and more. …

Unfortunately for Licht, things did not go his way, and a recent piece from The Atlantic captured the internal struggles at the network. …

After the release of the damning article, Licht reportedly told colleagues that he would be departing from CNN and resigning as CEO.

In my opinion, this signals the state of affairs over at the cable news giant—if I were invested in CNN I would pull my investments out now because there is just no way these issues are going to be fixed.

If this were still 1997 I would say that these issues were mere bumps in the road, but it isn’t 1997 anymore—it’s 2023.

The internet exists, traditional social media has reached its maturity as a technology, high-speed internet is now mobile, and smartphone technology is ubiquitous.

Even if CNN were to fix some of its problems—like its highly partisan politics or the fact that it spews government propaganda, it still won’t be able to compete in the world of today.

Here’s more on the story:

Media figures are flagrantly re-writing the history of CNN, right before your eyes, to make it seem as if CNN only started failing when Chris Licht was hired and demanded it stop being a DNC activist group.

CNN was already in "free fall" and "collapse" when Licht was hired. pic.twitter.com/lUsdw0vdpc

— Glenn Greenwald (@ggreenwald) June 7, 2023

🚨Breaking: Chris Licht, the CEO of CNN, has just stepped down. The Democrats were mad at him after the recent townhall with President Donald Trump. pic.twitter.com/o26XXhfHwW

— Real Mac Report (@RealMacReport) June 7, 2023

Axios confirmed:

Licht’s leadership became untenable following a damning profile about him published by The Atlantic last week.

The day before the story was published, Warner Bros. Discovery executive David Leavy — a longtime confidant of CEO David Zaslav — was named chief operating officer of CNN, forecasting a leadership shakeup.

Leo Terrell had this to say “President Trump delivered record ratings for CNN: In return, CNN fired Chris Licht. LOL,” indicating that the two developments are related.

President Trump delivered record ratings for CNN: In return, CNN fired Chris Licht. LOL

— LeoTerrell (@TheLeoTerrell) June 7, 2023

Lavern Spicer was inclined to agree with Leo Terrell, in a long-form tweet she authored on Wednesday.

The headlines read: CNN CEO Chris Licht to step down.

They say it’s about some damn magazine profile but we all know what this shit is about, don’t we.

It’s about WHY they fired him.

It’s about how he let Trump have a voice in the liberal media.

It’s about how CNN IS the…

— Lavern Spicer 🇺🇸 (@lavern_spicer) June 7, 2023

CNN Business had this to say:

But at CNN, Licht stumbled and quickly faced criticism. Replacing Jeff Zucker, the former CNN leader who was beloved by staff, Licht’s first action at the network was to dismantle CNN+, which had been hailed by previous network leadership as the streaming future of CNN.

Zucker was ousted in February 2022 for failing to disclose a relationship with a subordinate.

Unlike Zucker who held an office on a newsroom floor in CNN’s Hudson Yards office in New York, Licht separated himself from the network’s journalists, a move that isolated the chief from his staff.