Veteran broadcaster Chris Wallace is leaving CNN after less than three years at the network.
“Chris Wallace is one of the most respected political journalists in the news business with a unique track record across radio, print, broadcast television, cable television and streaming,” CNN CEO Mark Thompson said in a statement to Fox News Digital.
“We want to thank him for the dedication and wisdom he’s brought to all his work at CNN and to wish him the very best for the future.”
Wallace was offered a contract extension by CNN but chose to leave the network, a source familiar with the matter confirmed to Fox News Digital. His departure from CNN was first reported by The Daily Beast.
The 77-year-old told The Daily Beast he wants to go independent into streaming or podcasting.
According to a report from The Ankler last month, Wallace had been offered “a new deal for significantly less than the $8.5 million pact he inked under former CNN boss Jeff Zucker.”
Wallace joined CNN in 2022 as part of the network’s ill-fated streaming service CNN+. After CNN+’s implosion, Wallace remained at the network and went on to host two different weekend talk show programs