South Africa
Marketing & Media Media
Submit newsAdvertiseSubscribe
NewsPress Office NewsCompaniesJobsEventsPeopleMultimediaFeaturesOpinion
AdvertiseSubmit news

Industries

All industriesAgricultureAutomotiveConstruction & EngineeringEducationEnergy & MiningEntrepreneurshipESG & SustainabilityFinanceHealthcareHR & ManagementICTLegalLifestyleLogistics & TransportManufacturingMarketing & MediaPropertyRetailTourism & Travel

Features

Women's MonthBizTrendsBizTrendsTVOrchids and OnionsThe Lead CreativeMore Sections..

In the news

LevergyPrimedia BroadcastingMDNTVOFM RadioBrave GroupUniversity of Johannesburg - Marketing ManagementClockworkAfriGISHasso Plattner d-school AfrikaSaving Grace EducationMatte BLKMedia24G&G AdvocacyMontgomery Group AfricaWetpaint AdvertisingEnquire about a company Biz Press Office
Agriculture
Automotive
Construction & Engineering
Education
Energy & Mining
Entrepreneurship
ESG & Sustainability
Finance
Healthcare
HR & Management
ICT
Legal
Lifestyle
Logistics & Transport
Manufacturing
Marketing & Media
Property
Retail
Tourism & Travel

News

Industries

Companies

Jobs

Events

People

Video

Audio

Galleries

Submit content

My Account

Advertise with us

Subscribe & Follow

Trending

2 days 7 days 30 days By Industry
Advertise your job vacancies
    Post your Job Ad here >>
    Search jobs

    Jobs

    More jobsSubmit a jobOpen account

    CNN announces retrenchments and paywall

    CNN will be removing 100 jobs and plans to launch its first digital subscriptions before the end of the year as the news network begins its overhaul of operations.
    11 Jul 2024
    11 Jul 2024
    Source:
    Source: www.unsplash.com

    According to reports a memo was sent on Wednesday to staff by CNN CEO Mark Thompson saying that they aim to minimise the total amount of job losses.

    Said Thompson: “Turning a great news organisation towards the future is not a one-day affair. It happens in stages and over time. Today’s announcements do not answer every question or seek to solve every challenge we face. However, they do represent a significant step forward and I hope you will read about them in that spirit.”

    The executive was hired in 2023 to bring CNN into the future with a digital overhaul.

    Thompson, who provided few specifics about the digital subscription plans, stated that CNN will develop "products that will deliver essential news, analysis, and context in engaging new formats and experiences."

    He announced that the first product will launch by the end of 2024.

    Read more: jobs, retrenchment, CNN
    Share this article
    NextOptions
    OptionsNext
    Related
    Top stories
    More news
    Let's do Biz