CNN's CEO Resignation Highlights Need for Stronger Business Strategy

The recent departure of Chris Licht as CEO of CNN highlights the need for the network to develop a coherent business strategy beyond its traditional cable TV audience. Licht's tenure was marked by a lack of vision and a failure to develop a successful digital strategy, including the ill-fated CNN+ streaming service. A new CEO will need to find a way to boost ratings with compelling programming while also fostering new digital businesses that bring in revenue and younger audiences. Without a clear plan, CNN risks falling further behind its competitors in the rapidly evolving media landscape.