Warner Bros. Discovery CEO David Zaslav formally announced Thompson’s hiring Wednesday, naming him chairman and CEO of CNN Worldwide, beginning Oct. 9. Thompson will oversee CNN’s business, strategy and operations, and will also “act as editor-in-chief, ultimately responsible for all CNN content,” per the company.“There isn’t a more experienced, respected or capable executive in the news business today than Mark, and we are thrilled to have him join our team and lead CNN Worldwide into the future,” said Zaslav. “Mark is a true innovator who has transformed for the digital age two of the world’s most respected news organizations. His strategic vision, track record in transformational leadership and sheer passion for news make him a formidable force for CNN and journalism at this pivotal time.”Added Thompson, “I couldn’t be more excited about the chance to join CNN after years of watching it and competing against it with a mixture of admiration and envy. The world needs accurate, trustworthy news now more than ever and we’ve never had more ways of meeting that need at home and abroad. Where others see disruption, I see opportunity. I can’t wait to roll up my sleeves and get down to work with my new colleagues to build a successful future for CNN.”Thompson, the former CEO of The New York Times Company and director general of the BBC, will take over the cable news channel at a difficult moment, a few months after the firing of Chris Licht, who was ousted in June after a tumultuous year at the helm of the company, and with the cable TV business that built CNN into a global brand now firmly in decline.Since Licht’s ouster, CNN has been led by an interim team of COO David Leavy; Amy Entelis, the longtime head of talent and content development; head of editorial Virginia Moseley; and programming chief Eric Sherling. Warner Bros. Discovery says they will continue in their current roles under Thompson.That interim leadership overhauled CNN’s schedule earlier this month, solidifying its primetime lineup and making tweaks elsewhere, and also unveiled a plan to stream CNN content on Max, Warner Bros. Discovery’s streaming platform.Thompson, in a note to CNN staff Wednesday morning, suggested that he plans to further evolve CNN’s business.“As everyone knows, TV journalism is approaching peak disruption,” he wrote. “We face pressure from every direction — structural, political, cultural, you name it. Like many other media organizations, CNN has recently felt some of the uncertainty and heartache that comes with all of that. There’s no magic wand that I or anyone else can wield to make this disruption go away. But what I can say is that where others see threat, I see opportunity — especially given CNN’s great brand and the strength of its journalism. I’ve spent most of the past twenty years figuring out with colleagues at some of the world’s other great news operations not just how to survive the revolution, but to thrive in it and gain new audiences and revenue streams. I aim to do the same at CNN. It won’t be my plan that wins the day but our plan, the plan we devise and implement together.”
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