The head of CNN has warned staff the network is facing a period of “noticeable change”.
Chris Licht, the chairman and CEO of the network, said there was widespread concern over the current global economic outlet, which had to be factored into its long-term planning.
“All this together will mean a noticeable change to this organisation. That, by definition, is unsettling. These changes will not be easy because they will affect people, budgets, and projects,” said Licht.
The merger of the network into Warner Bros. Discovery has already resulted in the closure of the streaming service CNN+, just one month after its launch. Boss David Zaslav has already committed to investors that he intends to cut $3 billion in costs.
Licht did not go into the impact the actions may have on individual departments but was adamant that newsgathering would not be affected. “Let me be clear: I will not allow these changes to affect our position as the world’s leading news source, and we will continue to invest in growth areas. When we conclude this process, CNN will still be the largest, most-respected newsgathering organization in the world. We will continue to cover any story, anywhere, anytime – with more resources than anyone else. Full stop.”
Like, BBC World News, CNN has been increasing the amount of content shared between its international and domestic outlets. From November 1, CNN Newsroom with Max Foster and Bianca Nobilo will broadcast from the network’s London studios at 09.00 GMT on weekdays.
In the United States, new primetime shows have been introduced featuring anchors Jake Tapper, and Chris Wallace, originally lured from Fox News for the now-defunct CNN+.