Former CNN President Jeff Zucker reportedly receiving $10 million after abrupt ouster
Former CNN President Jeff Zucker will reportedly receive $10 million from WarnerMedia after his abrupt exit from the network.
Zucker unexpectedly resigned from CNN in February after admitting he had a relationship with a colleague that he failed to properly disclose. He has now reached a deal with WarnerMedia, the parent company of CNN, under which he'll receive "around $10 million," Deadline reports.
As part of the deal, Zucker has also reportedly waived his right to file a lawsuit against WarnerMedia over his exit, and Deadline reports he "sees this as a chance to move on."
The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
Zucker in February said he was asked about his relationship with a colleague, CNN chief marketing officer Allison Gollust, as part of an investigation into ousted CNN anchor Chris Cuomo. "I was required to disclose it when it began but I didn't," Zucker said. "I was wrong." A report from the Wall Street Journal later said that Zucker and Gollust weren't initially "forthcoming about the relationship when asked by investigators." Gollust has also resigned from CNN, and Deadline reports she was paid $1 million.
Zucker's exit from CNN drew criticism from CNN staffers, some of whom grilled the CEO of WarnerMedia during a tense meeting and suggested Cuomo was to blame. Cuomo was fired from CNN over his efforts to help his brother, then-New York Gov. Andrew Cuomo (D), amid a sexual harassment scandal, and Page Six previously reported that he's preparing to seek a payout of "as much as $60 million."
A free daily email with the biggest news stories of the day – and the best features from TheWeek.com
Brendan worked as a culture writer at The Week from 2018 to 2023, covering the entertainment industry, including film reviews, television recaps, awards season, the box office, major movie franchises and Hollywood gossip. He has written about film and television for outlets including Bloody Disgusting, Showbiz Cheat Sheet, Heavy and The Celebrity Cafe.
-
The ‘menopause gold rush’Under the Radar Women vulnerable to misinformation and marketing of ‘unregulated’ products
-
Voting Rights Act: SCOTUS’s pivotal decisionFeature A Supreme Court ruling against the Voting Rights Act could allow Republicans to redraw districts and solidify control of the House
-
No Kings rally: What did it achieve?Feature The latest ‘No Kings’ march has become the largest protest in U.S. history
-
Warner Bros. explores sale amid Paramount bidsSpeed Read The media giant, home to HBO and DC Studios, has received interest from multiple buying parties
-
Gold tops $4K per ounce, signaling financial uneaseSpeed Read Investors are worried about President Donald Trump’s trade war
-
Electronic Arts to go private in record $55B dealspeed read The video game giant is behind ‘The Sims’ and ‘Madden NFL’
-
New York court tosses Trump's $500M fraud fineSpeed Read A divided appeals court threw out a hefty penalty against President Trump for fraudulently inflating his wealth
-
Trump said to seek government stake in IntelSpeed Read The president and Intel CEO Lip-Bu Tan reportedly discussed the proposal at a recent meeting
-
US to take 15% cut of AI chip sales to ChinaSpeed Read Nvidia and AMD will pay the Trump administration 15% of their revenue from selling artificial intelligence chips to China
-
NFL gets ESPN stake in deal with DisneySpeed Read The deal gives the NFL a 10% stake in Disney's ESPN sports empire and gives ESPN ownership of NFL Network
-
Samsung to make Tesla chips in $16.5B dealSpeed Read Tesla has signed a deal to get its next-generation chips from Samsung
