President of CNN "leaving" (probably fired for lousy ratings)

[No Elephants]

No tears. His severance package is probably more than 10,000 busboys will earn in their collective lifetimes of hard work.

CNN chief Walton to leave network

Fri Jul 27, 2012 12:20pm EDT

(Reuters) - CNN Worldwide President Jim Walton said on Friday that he was leaving the once-dominant cable news network, which has struggled in the ratings in recent years, on December 31.

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"CNN needs new thinking. That starts with a new leader who brings a different perspective, different experiences and a new plan," Walton, who had been president of CNN since 2003, said in a memo.

CNN, which is owned by Time Warner Inc, 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 Fox News and MSNBC, which combine news with opinion and political commentary.

For the second quarter, CNN posted its weakest primetime ratings in 21 years, while its total viewers also fell 35 percent from a year earlier.

(Reporting by Liana B. Baker in New York; Editing by Lisa Von Ahn)

Funny. It did fine when Ted Turner owned it.

Meanwhile, MGMA (Middle ground, my ass) CNN slanted right only slightly less obviously than did FOX.

If it really gave good journalism, i would watch CNN in a heartbeat, but the pretense at objectivity while slanting heavily right is too phony to abide. Meanwhile, those who enjoy that kind of thing probably prefer Fox anyway.