in

Ex-CNN chief Zucker was ousted to bolster case towards Cuomo: sources

When former CNN chief Jeff Zucker stonewalled Chris Cuomo and refused to pay out the roughly $18 million that was on the rest of his contract, Cuomo’s legal professionals determined to go over his head: They went to AT&T, CNN’s proprietor, sources accustomed to the matter informed The Submit.

Cuomo’s legal professionals argued AT&T was concerned in selective enforcement, in keeping with the sources. Zucker — who violated firm coverage by relationship a colleague with out disclosing it — was capable of maintain onto his soft job, however Cuomo had gotten the boot for serving to his brother, now-former New York Gov. Andrew Cuomo, navigate sexual harassment claims.

Given these circumstances, Cuomo’s legal professionals argued, AT&T ought to pay Cuomo the complete $18 million he was demanding.

However as an alternative of paying up, AT&T compelled Zucker to resign after Cuomo squealed on him to the telecom large, sources informed The Submit.

From a monetary standpoint, it seems Cuomo hasn’t gotten the windfall he was in search of. Sources accustomed to the matter say AT&T hasn’t coughed up the $18 million. However from one other standpoint, he might need achieved some vindication.

Chris Cuomo argued he was entitled to the roughly $18 million that was on the rest of his contract after he was fired from CNN.Getty Pictures for Turner

Outside view of an AT&T store.AT&T compelled Zucker to resign over his secret relationship slightly than paying Cuomo the $18 million.AFP by way of Getty Pictures

“It exhibits clearly CNN is a large number — and likewise distress loves firm,” one supply mused.

AT&T and CNN did not return requires remark. An lawyer for Cuomo, Bryan Freedman, additionally did not instantly reply to a request for remark.

After AT&T grew to become formally conscious of the scenario with Zucker, it doubtless needed to do one thing, sources mentioned.

CNN President Jeff Zucker speaks during the Asahi Shimbun interview.Zucker stepped down from CNN Wednesday after 9 years on the community.The Asahi Shimbun by way of Getty Pictures

“How do you hearth a journalist who violates a coverage whereas the CEO will get away with violating a coverage?” mentioned one supply accustomed to the matter.

The PR fallout for AT&T – an organization with a market capitalization of $175 billion – would have been far worse than any potential settlement that might nonetheless include Cuomo, one supply famous.

Cuomo nonetheless needs to achieve a settlement with CNN, sources mentioned.

What do you think?

Written by trendingatoz

Leave a Reply

GIPHY App Key not set. Please check settings

Some households might be shielded from repaying extra baby tax credit score

Turkey’s inflation hits practically 50%, highest in twenty years