Inside Chris Wallace’s net worth as CNN+ will shut down just weeks after its launch

CNN+, the subscription-based service, will shut down at the end of April, reports diverse.

This move comes as a shock considering the major names that the platform has attracted and of course the massive investment that has gone into it.

to me New York PostCNN+’s two major acquisitions — Chris Wallace and reporter Cassie Hunt — are expected to be reassigned to the news parent company or to other platforms within Warner Bros.’ media empire. Discovery.

So, let’s have a look at Chris’ net worth and net worth in 2022 as his future in the network is still uncertain.

A look at Chris Wallace’s net worth

to me celebrity net worthChris net worth is estimated at $25 million. He allegedly earns an annual salary of $7 million.

He reportedly got a big raise when he joined CNN+. The sources said the post that CNN has “overtaken talent spending,” giving Wallace $9 million annually.

The news anchor has years of industry experience having worked with major networks such as ABC, Fox News, NBC and CBS (where he worked as an intern).

During his career, he has interviewed some of the biggest figures in the world of politics, including Donald Trump and Vladimir Putin.

Why is CNN+ closed?

CNN+ launched on March 29, 2022, just a few weeks ago. The service is now set to close after the company’s merger with Warner Bros. Discovery.

CNN Worldwide Chairman and CEO Chris Licht explained in a statement to Inside: “As we become Warner Bros. Discovery, CNN will be the strongest part of the WBD broadcasting strategy that envisions news as an important part of a broader, compelling offering alongside sports, entertainment and factual content.

“So we have made the decision to discontinue CNN+ operations and focus our investments on CNN’s core newsgathering operations and on building more CNN Digital.

“This is not a quality decision; we appreciate all the work, ambition, and creativity that went into building CNN+, an organization with incredible talent and compelling programming. But our customers and CNN will get the best of it with a simpler broadcast option.”

Who is leaving the company?

So far, the departure of Andrew Morse, the CEO who was supposed to run CNN+ has been confirmed.

Network announced in a statment: “We are grateful to Andrew for his significant contributions to CNN Digital and CNN+ over the years.”

At the time of writing, Chris has yet to comment on CNN’s decision to shut down the streaming service.

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