Chris Licht’s first day as chairman and chief executive of CNN was, by his own admission in a company-wide memo, “anticlimactic.” By Monday, his first official day on the job, the news of his appointment had been public for two months. In the interim, he hadn’t technically been working, but he had on multiple occasions visited CNN’s New York headquarters and its Washington bureau, and taken meetings with the vast majority of top talent. Most notably, of course, he had also informed his soon-to-be employees that he would be shutting down CNN+, the $350-million streaming gamble that his predecessors had touted as the most important venture at CNN since the Ted Turner era.
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