Money, not a desire to expand into online media, was behind veteran journalist Chris Wallace’s decision to leave CNN, a new report indicates.
Puck News reports that Wallace, who was on Fox News for 18 years before heading to CNN in 2021, decided to cut ties after the network informed him that his news programs, “Who’s Talking to Chris Wallace?” and “The Chris Wallace Show” were going to be canceled and that his $7 million salary was about to be drastically cut.
Puck News further reported that CNN Chairman and CEO Mark Thompson told Wallace that he was welcome to remain on the network as an analyst but that he’d be making much less money.
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