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The reason behind Chris Wallace’s CNN
exit revealed: report

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Posted By: 4250Luis, 11/16/2024 6:53:13 AM

CNN anchor Chris Wallace was reportedly told his two poorly rated shows would be canceled and his massive salary slashed before the veteran journalist announced he would leave the network. Wallace, who was being paid a reported $7 million a year, was informed that he was welcome to stay on as an analyst but at a much lower salary as part of CEO Mark Thompson’s vast cost-cutting initiatives, according to Puck News. Instead, Wallace announced earlier this week that he was exiting CNN, and portrayed the move in a Daily Beast interview as a pivot to podcasting and streaming — because “that’s where the action seems to be,” he said.

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Reply 1 - Posted by: skacmar 11/16/2024 7:19:28 AM (No. 1835976)
CNN: You can't quit CNN, you're fired! Whatever. Either way, one down, a whole bunch to go. However, getting rid of the CNN's overpriced so called talent is coming too late to save CNN.
17 people like this.

Reply 2 - Posted by: philsner 11/16/2024 7:26:55 AM (No. 1835986)
Leftists never take responsibility for their own arrogant actions.
16 people like this.

Reply 3 - Posted by: jeffkinnh 11/16/2024 7:52:47 AM (No. 1836003)
The salaries these Leftists get paid support their huge egos. Consider that the President is making $400,000 and they are making millions. Very nicely, reality is bursting their bubble. No, you can't do and say anything you want. First, people stop listening to you. Further, you have worked to destroy your credibility since BO came on the scene. So, even if people are listening, even second hand, they don't believe you. You become less quotable and your rank on internet searches and hits goes down. You and your network start to fade from view. This then has the effect of lower viewership = less ad revenue for your time slot = less $$ to pay your salary. Or, why bother to advertise with your show at all = NO money to pay your salary. The American People have clearly voted to reject your fervent and often angry diatribes against Trump and themselves. You are seen as bitter scolds, unpleasant, and something to be avoided. You have lost your value to politically persuade. You are no longer useful to the Leftists in government, who have their own problems now as their party fragments. You no longer have special status. The overall message to management is that YOU aren't necessary, especially at your inflated cost. I wonder if anyone will be at the Correspondent's Dinner next year?
20 people like this.

Reply 4 - Posted by: Venturer 11/16/2024 8:39:51 AM (No. 1836047)
He is 77 years old. Just retire, like most Americans his age.
17 people like this.

Reply 5 - Posted by: zephyrgirl 11/16/2024 9:40:28 AM (No. 1836122)
Chrissie's ego couldn't stand a pay cut so he quit. If the truth were told, that's probably what CNN was hoping for.
11 people like this.

Reply 6 - Posted by: MickTurn 11/16/2024 10:03:35 AM (No. 1836148)
Leme guess, he's too stupid to work at CNN?
5 people like this.

Reply 7 - Posted by: mythman 11/16/2024 10:38:50 AM (No. 1836183)
It doesn't take a genius to figure out that Wallace, with his disastrous viewership numbers, was going to be downgraded or fired if he didn't first change jobs. He chose the latter.
6 people like this.

Reply 8 - Posted by: janjan 11/16/2024 11:13:04 AM (No. 1836210)
I wonder if he’s regretting the drama he tried to create leaving Fox for CNN.
3 people like this.

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