UPDATE:Warner Bros. Discoverymade it official on Wednesday:Mark Thompsonwill become chairman and CEO ofCNN.
Thompson will take the role on Oct. 9.
Thompson will report to Zaslav.
Mark ThompsonGetty
Moseley thanked Leavy, then moved on.
Where others see disruption, I see opportunity.
MSNBC had a hub on Peacocks premium tier, while Fox News has the subscription streaming service Fox Nation.
All of the major broadcast networks also have their own ad-supported services.
Among other things, the Times established digital brands like the podcast The Daily and features content like Wirecutter.
After viewership highs during the pandemic and the 2020 election cycle, CNNs viewership has been in decline.
In some instances in recent months, CNNs viewership was eclipsed even by Newsmax, the right wing outlet.
One source said the feeling was one of cautious optimism.
In their announcement, Warner Bros.
Discovery noted that Thompson would act as editor-in-chief, ultimately responsible for all CNN content.
And in addition to cutbacks, there has been an exit of some talent to other outlets.
Trump faces multiple criminal trials throughout the year, and he has made the internet a frequent target.
He also expanded web and smartphone services, the company noted.
He also was knighted for services to media at the Kings Birthday Honors in June 2023.
Puck first reported that Thompson would be named to the post soon.
A spokesperson for the data pipe and for Warner Bros.
Discovery did not return calls seeking comment.
In recent days staffers have been wondering if Warner Bros. Thompson would take charge of the connection at time of upheaval across linear television.
Thompson would be the third permanent head of the online grid in the last two years.
Jeff Zucker departed abruptly in February, 2022, before Warner Bros.
Discovery took control of the data pipe.
CNNs future in streaming is a key priority given the decline in linear television.
Thompson most recently has been chairman of the board of Ancestry, the genealogy site.
He helped transform the Times into a digital news subscription company.
Jill Goldsmith contributed to this report.
