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Reply to "Chris Wallace Quits CNN to Build Future in Streaming"
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[quote=Anonymous]Chris Wallace is quitting CNN after three years as one of its biggest stars, he exclusively told the Daily Beast Monday. The 77-year-old broadcaster said he will instead find a new home on an independent platform such as streaming or podcasting, which he described as “where the action seems to be.” He highlighted how podcasters including Joe Rogan and Charlamagne tha God had set the agenda during the presidential election, but added, “I don’t flatter myself to think I will have that sort of reach.” The stunning decision by Wallace to walk away from CNN at the end of his three-year, seven-figure contract, rather than to renegotiate it, is a watershed moment for cable TV. It comes as other anchors face being fired or having salaries cut as declining ratings and cord-cutting hit the industry’s bottom line. https://www.thedailybeast.com/broadcaster-chris-wallace-quits-cnn-to-build-future-in-streaming-or-podcasting/ Legacy media is reeling. [/quote]
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