Catherwood LibraryILR School

In recent developments within the media industry, CBS News President Ingrid Ciprian-Matthews announced her resignation, planning to serve as an adviser through the upcoming presidential election before leaving the role she has held for less than a year. Her departure coincides with Paramount Global's decision to sell control of CBS to Skydance, potentially leading to further job reductions. Meanwhile, CNN is facing its own set of challenges, announcing the elimination of approximately 100 jobs as part of a strategic overhaul aimed at boosting its digital presence. These job cuts, affecting a small fraction of CNN’s total workforce, are part of broader efforts to transition towards a more digital-focused business model, including launching new subscription services and enhancing video content to better compete in the evolving media landscape.