Chris Wallace Will Exit CNN

variety.com:

Brian Steinberg Senior TV Editor Chris Wallace came to CNN to get heavily involved with reaching streaming audiences, and it looks like he will leave the Warner Bros.

Discovery-backed news outlet still looking to do the same. Wallace, a veteran commentator who held forth on Fox News Channel’s “Fox News Sunday” as well as NBC News’ “Meet The Press,” told The Daily Beast Monday that he planned to leave CNN, which he initially joined to participate in the scuttled streaming operation CNN+, to try his hand at reaching people via an independent digital venture.

CNN confirmed Wallace would leave three years after he initially signed on after leaving Fox News to do so. The typical anchor contract in the news business is for a similar amount of time.

CNN tried to convince Wallace to stay, according to a person familiar with the matter. “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,” said Mark Thompson, CNN’s CEO, in a statement. “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 future.” The move could add a new chapter to the story of the 77-year-old journalist, who is the son of legendary “60 Minutes” correspondent Mike Wallace, and developed a reputation for asking even heads of state difficult, thorny questions.