12/21/2022
In late April, days before Licht assumed his new position, the newly-minted chief executive informed staffers that CNN+, the much-hyped streaming service that had just launched, would be shut down.
The decision was made after the network had already invested $300 million into the venture, luring big names like former Fox News anchor Chris Wallace and former NPR journalist Audie Cornish to the streaming service.
Hundreds of staffers suddenly found themselves staring at an uncertain future, brought on to a venture that folded less than a month after it had started.
Licht — faced with declining ratings compared to last year — has made big changes at the network, ending the 30-year-old program “Reliable Sources,” moving prime-time anchor Don Lemon to the revamped “CNN This Morning,” nixing live programming on HLN, and laying off a swath of staffers earlier this month amid an ongoing reorganization.
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