More woes for the media industry as CNN to cut 100 jobs ...Middle East

CNN will cut an estimated 100 jobs as part of a major strategy shift to consolidate its news operations and strengthen its digital media presence, leadership told staff in an internal memo viewed by news outlets. “We are building a billion dollar+ digital business of the future,” CNN Worldwide CEO Mark Thompson reportedly wrote in the memo, made public on Wednesday. CNN plans to merge its news gathering and digital news teams, launch a unit to produce content for its partnership with streamer Max and other digital channels, centralize its pitching process, eliminate divisions between its US and international teams, and launch paid subscription products centered around its website, accordin

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