CNN's strategy shift and job cuts under CEO Mark Thompson

SOURCE www.the-sun.com
CNN CEO Mark Thompson warns network's future at risk if it doesn't adapt to changing trends in journalism, leading to job cuts and schedule shakeup affecting top broadcaster Jim Acosta. Plans to focus on digital services and new streaming platform to raise $1 billion in digital revenue by 2030.

Key Points

  • Focus on digital services and new streaming platform
  • Significant job cuts in traditional TV
  • Schedule changes impacting Jim Acosta
  • Efforts to raise $1 billion in digital revenue by 2030

Pros

  • Focus on digital services and new streaming platform to adapt to changing trends in journalism
  • Efforts to raise $1 billion in digital revenue by 2030
  • Significant progress on transition to the future evident in the changes
  • Building a successful future for the network under new leadership

Cons

  • Around 200 job cuts in traditional TV
  • Schedule shakeup affecting top broadcaster Jim Acosta
  • Potential departure of Acosta from the network