Licht's tumultuous tenure at pioneering news network lasted just over a year.
NEW YORK — Chris Licht is out after a year as chief executive at CNN, following a series of missteps and plunging ratings.
Zaslav appointed a four-person leadership team to lead the network... NEW YORK — Chris Licht is out after a year as chief executive at CNN, following a series of missteps and plunging ratings. A lengthy profile of Licht in the Atlantic magazine that came out on Friday proved embarrassing and likely sealed his fate. Only two days ago, Licht promised on the morning editorial call to fight to regain the trust of CNN employees, as critics both internal and external complained Licht appeared chiefly committed to presenting “both sides” of a story as opposed to valuing objective truth.
CNN’s May ratings were dismal, with prime-time viewership less than half of rival of MSNBC CMCSA , with Fox News Channel FOX FOXA still leading among the cable networks.
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