From the past few months there has been a certain amount of speculation about the future of CNN’s Jeff Zucker. The rumors said that his contract with the network was due for renewal.
Vanity Fair had reported that the network president had last resigned by the end of Spring 2018. However, the deal was such that he had to remain through the elections. Although there is no confirmation, sources from Warner Media speak of a first quarter exit in 2021 after the presidential inauguration.
“A lot of that air may begin to leak out of that balloon once the anticipated normalcy of the Biden White House sets in, which would make this a reasonable time for Zucker to take a bow,” writes Joe Pompeo.
The Wall Street Journal had reported friction between him and Warner Media CEO Jason Killar, who took over operations in April. At that time Zucker had mentioned that he would not take any decision about his future until the elections were over.
Now that the presidential inauguration is imminent and his contract is up for renewal, the possibility of him quitting the network which he took to great heights, especially during the elections, is almost a given fact.
Source Seeking Alpha, WSJ
Follow us on Google news for more updates and News