Latest / Fresh Intelligence / EXCLUSIVE: Anderson Cooper Flies CBS Coup - Inside TV Stalwart's Exit as He Becomes Latest Fat Salary Name to Bite the Dust at Flailing News Network
Transcript
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- 0:18[SPEAKER_00]: Cooper Exit's CBS News, a mid-cost cutting and leadership Zanderson Cooper is the latest high-profile departure from struggling CBS News.
- 0:26[SPEAKER_00]: The CNN anchor has informed CBS that he will not renew his contract as a 60-minute correspondent for the upcoming fall season.
- 0:33[SPEAKER_00]: For nearly 20 years, I've been able to balance my jobs at CNN and CBS, but I have little kids now and I want to spend as much time with him as possible, while they still want to spend time with me, shared Cooper, a father of two young boys.
- 0:46[SPEAKER_00]: sources indicate that Cooper, often described by CBS colleagues is having the best part-time job in television, chose to leave while conditions remained favorable.
- 0:55[SPEAKER_00]: His decision comes amid a turbulent period marked by a leadership shift at CBS, with new news editor-in-chief Barry Weiss prompting many familiar faces to depart from various prestigious news programs, including CBS evening news and CBS mornings.
- 1:09[SPEAKER_00]: The network is grappling with declining ratings and significant layoffs affecting numerous behind-the-scenes staff.
- 1:15[SPEAKER_00]: CBS's parent company, Paramount Skydance, is pushing for aggressive cost-cutting measures.
- 1:21[SPEAKER_00]: Everything is under review, noted a network insider.
- 1:24[SPEAKER_00]: No more sacred cows.
- 1:26[SPEAKER_00]: Big salaries, part-time deals, it's all being examined.
- 1:29[SPEAKER_00]: Cooper, 58, appears to have recognized the uncertain future at CBS, opting to leave on his own terms.
- 1:36[SPEAKER_00]: He didn't want the job to change, a source stated, and he certainly wasn't going to take less money.
- 1:42[SPEAKER_00]: Internal sources report that Cooper was unsettled by Vice-Rite word shift in news coverage and her hands-on management style, which he found intrusive.
- 1:49[SPEAKER_00]: Despite being courted to anchor the evening news, Cooper declined, citing the network's turmoil.
- 1:55[SPEAKER_00]: By framing his exit as a family decision, Cooper aims to depart amicably.
- 2:00[SPEAKER_00]: Insider speculate that maintaining a positive relationship could benefit him if Paramount were to acquire CNN, where Cooper remains a prominent figure.
- 2:08[SPEAKER_00]: As one source remarked, in television, today's rival can be tomorrow's boss.
- 2:14[SPEAKER_01]: Now don't you feel smarter?
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