Jeff Zucker will be staying with CNN despite the ownership change that’s on track for the Turner Broadcasting cable net now that AT&T’s acquisition of Time Warner has been approved.
Vanity Fair reports that Zucker and CNN locked in an extension of Zucker’s deal a while back. The report notes that the AT&T-Time Warner merger is “now poised to close in a matter of days.”
Joe Pompeo reports in the Vanity Fair piece: “I’ve learned that the veteran broadcast executive, who has served as president of Time Warner’s cable news channel since 2013, signed a new deal several months ago that will keep him at CNN through the 2020 election. CNN’s wall-to-wall coverage of Donald Trump’s presidential campaign juiced ratings, and the network’s adversarial coverage of the Trump presidency has infuriated the president, with Trump and his cronies frequently attacking Zucker’s army of journalists.”
Pompeo adds: “The Trump-CNN war has been a particularly juicy narrative given the president’s history with the executive, dating back to his days hosting ‘The Apprentice’ when Zucker ran NBC. It was also the presumptive backdrop for the Department of Justice’s failed lawsuit to stop the $85 billion AT&T-Time Warner combination, which a federal judge cleared the way for on Tuesday in a landmark M&A ruling.”