00:00 It's Benzinga and here's what's on the block.
00:02 Warner Brothers Discovery has named Mark Thompson as the new CEO and Chairman of CNN.
00:06 Thompson has experience leading major news organizations, previously serving as CEO of
00:10 the New York Times and Director General of the BBC.
00:13 Thompson will start his new role at CNN on October 9th, taking over after the departure
00:17 of former CNN CEO Chris Licht earlier this year.
00:20 CNN has faced challenges with ratings and leadership changes.
00:23 Warner Brothers Discovery hopes Thompson's experience can help lead CNN through the ongoing
00:27 disruption of the media industry.
00:28 For all things money, visit Benzinga.com
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