21-01-2024, 02:53 PM
Have you seen his memo that has been made public?
deadline.com
The TV 'bit' - it has a place, but cost cuts seem to be coming:
And this bit may also be off particular interest - basically CNN haven't worked out everything yet:
deadline.com
The TV 'bit' - it has a place, but cost cuts seem to be coming:
Quote:THE FUTURE OF TV AT CNN
In many ways, media companies are families and, just as in a family the first-born child can sometimes look round and wonder why it’s their younger siblings who are now getting all the attention, it’s only natural for someone who currently works on the TV side at CNN to ask themselves whether I’m ever going to turn to them.
Don’t worry. At their frequent best our domestic and global TV schedules are one of the jewels in our crown and I believe that linear TV will play a central and vital role in CNN’s success as far out as the eye can see. It’s also been great seeing new audiences find classic linear TV and new programming in meaningful numbers on CNN Max during big moments like our coverage out of Israel, our Iowa debate and our New Year’s Eve programme.
But we have work to do here too, especially in domestic cable. After a difficult, transitional period last year, we now have a promising new primetime line-up. But that still needs time to bed in, even as we look for other opportunities to improve audience flow and boost performance elsewhere in the schedule.
We also need to address the long-range economics of TV at CNN. Even after cable consumption began to fall, there was a period of strong revenue growth from cable subscriptions in the mid-2010s and some of that unexpected bounty ended up as raised production costs that now look difficult to support given the changing economics across our industry. I firmly believe that financial success and sustainability fund our journalism and afford us more independence to focus on what we do best. So, in addition to quality and performance improvement, expect to see us also looking hard at how best to put our TV production machine on a sustainable footing without weakening either the calibre of our journalism or the distinctiveness of our output. I’ll continue to work with EVP, TV Programming, Eric Sherling, his colleagues and our excellent line-up of Executive Producers on all these challenges.
And this bit may also be off particular interest - basically CNN haven't worked out everything yet:
Quote:We will continue to present the CNN International brand to audiences around the world, but internally we will operate as one, increasingly coordinated and united organization. The television production side of CNN International will remain under Mike as we work through future structure and operations.