Former CNN Chief Jeff Zucker reportedly agreed to a deal with WarnerMedia that will award him some big bucks in exchange for not suing.
After being forced to resign last month, Zucker agreed to a $10 million deal with Warner Media…he gets $10 million, WarnerMedia avoids court.
“Details of the confidential package are obviously being kept close to the vest, but sources tell us Zucker made the decision several weeks ago to accept what had been put on the table by his old bosses at the time of his cable news exit. What we do know is that, if WarnerMedia keeps their side of the deal, in the next week to 10 days, Zucker will receive a one-time payment of around $10 million,” Deadline’s Dominic Patten and Ted Johnson wrote, per Fox News.
As previously reported by Human Events News, in February, Zucker resigned from the company due to an undisclosed relationship with his “closest colleague.”
“As part of the investigation into Chris Cuomo’s tenure at CNN, I was asked about a consensual relationship with my closest colleague, someone I have worked with for more than 20 years. I acknowledged the relationship evolved in recent years. I was required to disclose it when it began but I didn’t. I was wrong. As a result, I am resigning today,” Zucker wrote in a memo to employees.
The relationship in question was with Allison Gollust, CNN’s former executive vice president and chief marketing officer, who also resigned from the network once the news broke.