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CNN’s Chris Wallace not too long ago introduced he was exiting the community to discover the podcast and streaming panorama. Nevertheless, it seems there could also be extra to his departure than meets the attention.
On Monday (November 11), the broadcaster who signed a three-year contract with CNN in 2021 after 18 years with Fox Information stated he could be leaving the Warner Bros subsidiary.
“After I have a look at the media panorama proper now, the people who find themselves going unbiased, whether or not it’s podcasting or streaming, that appears to be the place the motion is,” the 77-year-old veteran broadcaster informed The Every day Beast.
“That is the primary time in 55 years I’ve been between jobs,” he added. “I’m really excited and liberated by that.”
Wallace’s exit was confirmed shortly thereafter by CNN chief government Mark Thompson, who referred to as him “one of the crucial revered political journalists within the information enterprise.”
It’s since been claimed, in a brand new report printed by Puck Information, that Wallace’s exit got here after he was knowledgeable his two reveals – Who’s Speaking to Chris Wallace? and The Chris Wallace Present – had been getting canceled and his reported $7m annual wage was going to be massively slashed.
His wage discount was a part of the corporate’s wider cost-cutting initiatives, in accordance with the outlet. It was additionally reported that Thompson had informed Wallace he was welcome to stick with the community – however as an analyst with a a lot decrease wage.
In the meantime, the three-time Emmy winner and son of 60 Minutes host Mike Wallace insisted that he didn’t partake in any contract negotiations or conversations about his future with the corporate.
“It doesn’t matter what was or wasn’t stated in that assembly as a result of I had already determined with my spouse six months in the past to depart CNN,” he informed Puck Information. “Any additional hypothesis is irrelevant.”
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The Impartial has contacted CNN for remark. A consultant for Wallace was not instantly reachable.
Moreover CNN and Fox Information, Wallace has labored as a correspondent, anchor and host for a number of of the key information networks, together with ABC, CBS and NBC.
All through his decades-long profession, he has interviewed world leaders together with US Presidents Barack Obama and Donald Trump, and Russian President Vladimir Putin. He’s additionally lined main occasions, such because the Supreme Court docket hearings for Brett Kavanaugh and Trump’s impeachment.
In 2020, Wallace turned the one moderator to return to the talk stage to preside over the Joe Biden vs Donald Trump debate after having made his moderating debut for the ultimate 2016 presidential debate between Hillary Clinton and Trump.
