By James Myers, OAN Staff
Thursday, August 8, 2024 12:38 PM
Oliver Darcy CNNThe author and senior reporter for ‘s “Reliable Sources” newsletter announced Thursday that he was leaving the struggling cable network to launch a rival media newsletter.
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Darcy is known for criticizing her own network. CNN In 2022, it fired former newsletter writer Brian Stelter.
Darcy also said his new subscription newsletter, “Status,” will be a solo effort.
“I don’t have any supporters. It’s just me,” he said. New York Post“Paying readers will strengthen my independent voice.”
A surprising exit CNN The employee revelations come as the network plans to undergo a major overhaul under new plans CNN CEO Mark Thompson recently announced at least 100 job cuts.
Warner Bros. Discovery Inc. (WBD) on Wednesday reported a second-quarter net loss of $10 billion, missing Wall Street expectations for its quarterly results. The company’s shares fell more than 10% on Thursday. CNN will become a wholly owned subsidiary of Warner Bros. Discovery Inc. starting in 2022.
Darcy CNN Since taking over at Reliable Sources in 2017, he has grown into a leading voice in the media.
But in June 2023, he spoke out against his own network under then-CEO Chris Licht, sparking an uproar among staff over Licht’s poor judgment and lack of leadership.
Moreover, one of Darcy’s most notable reports: MSNBC The decision to take “Morning Joe” off the air came shortly after the assassination attempt on former President Donald Trump, with senior executives reportedly worried that the network’s openly Trump-hating political commentators would downplay a very serious and near-death security incident, leading to negative coverage.
“Oliver has established himself as a tough, yet extremely fair, leading voice in media reporting and commentary and is not afraid to voice his views.” CNN Coach Thompson said.
on the other hand, CNN“Reliable Sources” is taking a break for the summer and will return in the fall with new writers. The first issue of Darcy’s “Status” is due to be published Monday and has a launch sponsor, though Darcy declined to name the sponsor.
Users can access basic information for free, with emails sent Sunday through Thursday, and those wanting more in-depth access and analysis will have to pay $149 for an “All Access” subscription or $595 for “Founders Club” access.
“We’re trying to connect all those dots every night,” Darcy said.
“My pitch to readers is that this is 100 percent independent opinion,” he added. “I don’t think there’s any other product out there that does exactly what we do.”
In addition, the new newsletter Ankler, A media startup dealing with Hollywood and entertainment. Founded by Janice Min, who previously ran the following media: The Hollywood Reporter and US Weekly.
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