WBD - CNN CEO Thompson's Bold Vision for Digital Future Sparks Optimism in Warner Bros. Discovery's Journey | Benzinga
On his first official day at Warner Bros. Discovery, Inc (NASDAQ: WBD) CNN, CEO Mark Thompson emphasized the urgent need for the network to enhance its digital presence, asserting that conventional TV can no longer be the defining platform for the news organization.
Drawing from his experience as the former CEO of the New York Times Co (NYSE: NYT), where he significantly boosted the digital subscription business, Thompson highlighted the pivotal role of mobile devices as the primary news source for most people under retirement age.
He acknowledged the recent launch of CNN Max but stressed that the network is not yet adequately prepared for the future, the ...