CNN’s new chief executive says the company needs to recapture the “swagger and innovation” of its early days — and that, he says, increasingly means embracing a future outside of television.
Mark Thompson, appointed CNN’s chief executive last fall after stints at The New York Times and BBC, outlined a strategy to his staff Wednesday that included a corporate restructuring but few external specifics on how that transformation will take place.
Once a “scrappy outsider,” CNN has been slow to respond to the reality of its primary television business shrinking, Thompson said in his memo. He was not made available for an on-the-record interview with The Associated Press.
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