https://nypost.com/2024/08/08/media/cnns-reliable-sources-reporter-oliver-darcy-shockingly-quits-network
CNNās āReliable Sourcesā reporter Oliver Darcy shockingly quits network
>bye, fag
CNN āReliable Sourcesā writer Oliver Darcy surprisingly quit the struggling cable network Thursday, saying he plans to launch a rival media newsletter.
The 33-year-old Darcy, who has often criticized his own network, had been penning āReliable Sourcesā since CNN ousted the newsletterās former writer Brian Stelter in 2022.
Darcy said his subscription-based newsletter, āStatus,ā will be a singular endeavor. āThere are no backers. Just me,ā he told The Post. āThe paid readers will empower my independent voice.ā
His shock exit comes as the Warner Bros. Discovery-owned network is in the throes of a massive restructuring under new CNN CEO Mark Thompson, who recently announced 100 job cuts.
On Wednesday, WBD reported a $10 billion net loss for the second quarter and missed Wall Street estimates for quarterly results. The stock is down more than 10% Thursday.
Darcy, who joined CNN in 2017, became a leading media voice when he took over āReliable Sources.ā Notably, in June 2023, he spoke out against his own network under then-CEO Chris Licht, who had sparked an upheaval among staffers over the execās perceived poor judgment and lack of leadership.
He also had his fair share of scoops, most recently exposing MSNBCās decision to yank āMorning Joeā off the air after an assassination attempt on former President Donald Trump.
āOliver has established himself as a tough but scrupulously fair leading voice in media reporting and commentary ā never afraid to call it as he sees it,ā CNN boss Thompson said.
A rep for CNN said āReliable Sourcesā will go on summer break but return in the fall with a new writer.
The first issue of āStatusā is set to appear on Monday, and it will have a launch sponsor, which Darcy declined to name.
A subscription will begin at $15 a month or $150 a year with an elite membership, with perks like private Zoom calls available for $595 annually, The New York Times reported Thursday. Darcy told the outlet that āStatusā will cover topics ranging from Silicon Valley to presidential politics to the effects of artificial intelligence technology on news consumption.
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