CNN CEO Warns Of “Unsettling” Changes Coming To Network That Will Impact Employees, Budgets

CNN Chairman and CEO Chris Licht says there will be “noticeable change” to the network that will affect employees, budgets and projects. Licht has been conducting a business review of CNN since he started in the job in May. He indicated that the changes would “accelerate” over the next several weeks. CNN’s profits are on pace to fall to almost $957 billion this year, after a period where the network’s net income topped $1 billion. CNN+ was started under its previous ownership and shuttering a month later, Licht said in an interview with CNBC that the network will still be the largest, most-respected newsgathering organization in the world. “We will continue to cover any . . .