Share this @internewscast.com

Veteran news anchor Chris Wallace broke his silence about the abrupt collapse of the CNN+ streaming service – revealing his future role at the left-leaning network is unclear once the platform is shuttered.

Wallace’s interview show, “Who’s Talking to Chris Wallace?” is one of several programs that will cease airing when CNN+ officially shuts down on Saturday – roughly one month after the doomed service debuted to great internal fanfare.

When asked about his future during a live-streamed event hosted by the Common Ground Committee on Sunday night, Wallace acknowledged that he doesn’t yet have any news to share.

“I am going to be fine. I’m in good shape, whether it’s at CNN or someplace else. Frankly, what I’m mostly concerned about right now – and very – is my team and hundreds of other people.” Wallace said.

“There were 300 people, I think, that had jobs at CNN+. Some of them had left CNN to go to streaming, some of them had left other places, moved across the country, and so I think you’re seeing a lot of the anchors at CNN+ doing everything they can to protect the people that were working on their team,” he added.

Chris Wallace
Chris Wallace joined CNN after nearly two decades at Fox News.
Getty Images

Warner Bros. Discovery laid off roughly 300 junior CNN+ staffers as part of cost-cutting measures after the $5.99 per-month service produced dismal results at launch. Wallace was one of the most prominent journalists attached to the service, which he joined after 18 years at Fox News.

While former top brass such as ousted ex-president Jeff Zucker and WarnerMedia CEO Jason Kilar felt the news streaming service’s launch was part of a necessary “wave of the future,” Wallace said his new bosses have “come to the conclusion that having a narrow, niche product like a news streaming service doesn’t work.”

“I have absolutely no idea which is right and which is wrong, but the Discovery people are in charge and so they’ve made the decision,” Wallace added.

Chris Wallace
Chris Wallace is expected to be reassigned within Warner Bros. Discovery’s media empire.
The Washington Post via Getty Im

Zucker’s replacement, newly installed CNN President Chris Licht reportedly described it as “a uniquely sh-tty situation” during a meeting with 400 employees at the network’s New York offices last week.

As The Post reported last week, insiders felt CNN had “overspent on talent” to support the streaming platform – including giving Wallace a $9 million per year deal.

Wallace and other top talent impacted by the decision to shutter CNN+ are expected to be reassigned within the network or the broader Warner Bros. Discovery media conglomerate.

Wallace has been floated as a potential replacement for ex-anchor Chris Cuomo in CNN’s 9 p.m. time slot.

Source: NYPOST

Share this @internewscast.com
Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like
SAPD officer charged with DWI after truck found stuck on concrete median

SAPD Officer Faces DWI Charges as Truck Becomes Trapped on Concrete Median

SAN ANTONIO – An off-duty San Antonio police officer was arrested on…

Data breach at Lakeland Community College: Names, social security numbers compromised

The incident happened between March 7-31, a letter from the school said.…

Ukraine claims attack on Russian navy headquarters in Crimea killed 34, including fleet commander

Russia reported significantly fewer losses, only saying that one soldier was missing…
Biden disapproval rating hits highest mark of presidency: poll

Biden disapproval rating hits highest mark of presidency: poll

(The Hill) – President Biden’s disapproval rating hit the highest mark of his…
Islanders' Tanner Fritz aims for first NHL action since 2019

Islanders’ Tanner Fritz aims for first NHL action since 2019

Tanner Fritz is old enough to have perspective and priorities, so he…
Boy, 17, fatally struck on Ballard Road in Niles, police say

Boy, 17, fatally struck on Ballard Road in Niles, police say

ByABC7 Chicago Digital Team Monday, September 25, 2023 2:38PM CHICAGO (WLS) —…

Apple Music announces Usher as 2024 Super Bowl Halftime Show

Apple Music posted Sunday morning on their ‘X’ page, previously known as…
Joe Jonas and Sophie Turner agree to temporarily keep children in New York

Joe Jonas and Sophie Turner agree to temporarily keep children in New York

Joe Jonas and Sophie Turner have agreed to temporarily keep their two…
After summer's extreme weather, more Americans see climate change as a culprit, AP-NORC poll shows

After summer's extreme weather, more Americans see climate change as a culprit, AP-NORC poll shows

Kathleen Maxwell has lived in Phoenix for more than 20 years, but…

‘I saw my 6-year-old laying in a pool of blood’ | Georgetown father opens up after son was beaten with baseball bat

Local Asian organizations have called for transparency after 39-year-old Daniel Logan was…

WGA Reaches Tentative Deal, Potentially Ending Hollywood Strike

The Writers Guild of America (WGA) reportedly reached a tentative agreement with…
Harry and Meghan are the poorest celebs in this star-packed photo from Kevin Costner's fundraiser

Harry and Meghan are the poorest celebs in this star-packed photo from Kevin Costner’s fundraiser

Explain to me, someone, The Coat. In breaking news over the weekend…