CNN to tap ex-NBC boss Zucker for turnaround - source

LOS ANGELES Wed Nov 28, 2012 6:53am IST

Former NBC Universal Chief Executive Jeff Zucker speaks during the McGraw-Hill Media Summit in New York, March 18, 2009. REUTERS/Shannon Stapleton/Files

Former NBC Universal Chief Executive Jeff Zucker speaks during the McGraw-Hill Media Summit in New York, March 18, 2009.

Credit: Reuters/Shannon Stapleton/Files

Related Topics

Stocks

   

LOS ANGELES (Reuters) - Jeff Zucker, a former head of NBCUniversal and the producer of Katie Couric's talk show, will be named president of Time Warner Inc's (TWX.N) ratings-starved CNN cable news channel, a source close to the situation said on Tuesday.

Zucker will succeed departing CNN Worldwide President Jim Walton, who said in July he was leaving the once-dominant news network after nine years in the job and a recent ratings slump.

The appointment of Zucker as the new president of CNN Worldwide will be announced by the end of next week, the source said.

CNN, founded in 1980 and now owned by Time Warner, has tried to hold the middle ground in its news coverage, a position that some blame for its ratings erosion, while ratings have risen for competitors Fox News and MSNBC, which blend news with opinion and political commentary. (Reporting By Peter Lauria and Lisa Richwine; Editing by Jeremy Laurence)

FILED UNDER:

Entertainment Wrap

Reuters Showcase

Stake Sale

Stake Sale

Strong demand for Coal India boosts privatisation drive.  Full Article 

Pharma Deal

Pharma Deal

Sun Pharmaceutical wins U.S. approval to buy Ranbaxy  Full Article 

SpiceJet Bailout

SpiceJet Bailout

SpiceJet board approves up to $243 mln share sale plan  Full Article 

AirAsia Jet Crash

AirAsia Jet Crash

AirAsia captain left seat before jet lost control - sources  Full Article 

India Art Fair

India Art Fair

Art fair turns India's capital into art hub.  Full Article 

Romney Opts Out

Romney Opts Out

Republican Romney opts out of 2016 run for president.  Full Article 

Movie Review

Movie Review

"Rahasya" is an ode to Agatha Christie.  Full Article 

Safety Concerns

Safety Concerns

Aviation leaders seek new safety mandate after deadly 2014.  Full Article 

Movie Review: Hawaizaada

Movie Review: Hawaizaada

Movie Review: Hawaizaada  Full Article | Related Story 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device  Full Coverage