Former NBCUniversal CEO Jeff Zucker is in advanced talks to become CNN's next president, the Los Angeles Times reports, citing sources familiar with the negotiations:
Discussions with Zucker have heated up in the last few weeks and Time Warner Chief Executive Jeff Bewkes and Turner Broadcasting Chairman Phil Kent are hoping to have an agreement locked up either by the end of this week or early next week, one person said. Talks could still fall apart given the delicate nature of the situation.
CNN's current president Jim Walton announced in July that he will step down at the end of the year. In a note to staff, Walton said the network needs "new thinking."