REPORT: Jeff Zucker Reaches Major Settlement with CNN For Around TEN MILLION Dollars, Will not be able to Sue

The former CNN president Jeff Zucker is reportedly getting a really nice golden parachute. It seems that when CNN lets people go for various reasons, it becomes an ultra-expensive habit.

This is especially bad for CNN now, as it’s been reported that their ratings have suffered tremendously as viewers have grown fatigued of radically left-leaning news in our opinion. WarnerMedia and Jeff Zucker have reportedly reached a settlement after Zucker was canned for having an inappropriate internal relationship at CNN.

While details of the settlement have not fully been released, Deadline is reporting that it is going to be tens of millions of dollars going to Jeff Zucker. Must be nice to be a “disgraced” CNN ex-president…

From Deadline:

What we do know is that, if WarnerMedia keeps its side of the deal, in the next week to 10 days Zucker will receive a one-time payment of around $10 million.

As per the settlement, Zucker will not be able to sue CNN it appears. Read more from Deadline here.

We previously reported:

Well, it could be argued that as hard as many might think CNN tried to get former President Donald Trump unelected, they actually may not have wanted to see it manifest. That is because in the post-Trump era, (at least for now) CNN (and other left-wing news outlets) ratings and clicks are plummetting at catastrophic rates.

It could be argued that all news channels are facing a “slower news” cycle. But even still, it causes one to “circle back”, as White House Press Secretary Jen Psaki would say, to the fact that at least for the next 3.5 years, Donald Trump is gone from the political limelight. It is almost like CNN loved to hate Mr. Trump, and now they have lost the yin to their yang… read more:

CNN Collapses, Ratings Down Almost 50% After ‘Golden Goose’ Trump Bashing Machine Runs Out of Steam

CNN darling Brian Stelter already went on record stating that CNN is in a “legal mess”.

Brian Stelter Comes Clean, Admits CNN is in A ‘Legal Mess’ Over Exits of Chris Cuomo and Jeff Zucker

CNN’s spinoff, CNN+, recently inked a deal with Chris Wallace who resigned from Fox News to go to a more liberal network in our view. But Wallace is reportedly unhappy with all the recent drama at CNN though.

‘Irate’ Chris Wallace Reportedly ‘Second-Guessing’ Decision to Join CNN After Zucker’s Resignation

Stay tuned to Media Right News for more potential updates on this developing situation.