Jeff Zucker was also pushed out following record-low ratings.
CNN+ was one of the major casualties of the merger after the streaming service managed to draw a paltry 150,000 subscribers. Wallace’s move comes as CNN is facing a major shake-up following Discovery’s merger with WarnerMedia. (Dimitrios Kambouris/Getty Images for Warner Bros. Discovery Upfront 2022 show at The Theater at Madison Square Garden on in New York City. Chris Licht, Chairman and CEO, CNN Worldwide speaks onstage during the Warner Bros.