SVP, New Business - CNN

Posted:
8/17/2024, 5:00:00 PM

Location(s):
New York, New York, United States ⋅ New York, United States

Experience Level(s):
Expert or higher ⋅ Senior

Field(s):
Business & Strategy

Welcome to Warner Bros. Discovery… the stuff dreams are made of.

Who We Are…

When we say, “the stuff dreams are made of,” we’re not just referring to the world of wizards, dragons and superheroes, or even to the wonders of Planet Earth. Behind WBD’s vast portfolio of iconic content and beloved brands, are the storytellers bringing our characters to life, the creators bringing them to your living rooms and the dreamers creating what’s next…

From brilliant creatives, to technology trailblazers, across the globe, WBD offers career defining opportunities, thoughtfully curated benefits, and the tools to explore and grow into your best selves. Here you are supported, here you are celebrated, here you can thrive.

Your New Role...


We are CNN. THE WORLD'S MOST ESSENTIAL AND ENGAGING SOURCE OF DIGITAL NEWS. We are in the midst of rapid transformation and need our next generation of innovators, makers, and dreamers who will lead and drive our growth. We aim to make the world a better, more connected place.

CNN is looking for a Senior Vice President of New Businesses. The person will be responsible for leading the creation of new, standalone products at CNN. The person will establish a new team focused on the creation of separate, non-news experiences that can help enrich our users lives and drive the subscription business. The ideal candidate has a deep understanding of creating 0-1 products and new product development, subscription businesses, partnership with editorial organizations, and strategic leadership in a media or digital environment. The person will have experience in creating and managing high-performing teams and will have demonstrated the ability to drive growth and deliver against ambitious business strategies.
 

Your Role Accountabilities...

  • Develop and build comprehensive new product and business strategies that are aligned to strategic goals, and over time drive engagement and revenue.
  • Collaborate with internal teams, including the commercial, editorial, technical, and marketing teams, to ensure cohesive strategy and execution.
  • Overseeing the running of a human centered design process to create a portfolio of standalone products that lean into CNN’s strengths and opportunities; create a disciplined approach to creating products with clear go/no go stage-gates that de-risk the development cycle and move products forward based on clear user validation
  • Partner deeply with editorial partners and talent on how to meet user needs and engage users deeply with our new products
  • Recruit, develop, and manage  a strong team that thinks ambitiously and creatively
  • Provide regular updates to senior leadership on progress, challenges, and strategic plans for new and existing business lines
  • Ultimately, monetize the products we develop through multiple revenue streams but with a focus on subscriptions
  • Establish and maintain strategic partnerships that enhance CNN’s business capabilities and market position
  • Act as a clear operational partner for M&A opportunities for CNN to include outside products in our portfolio
  • Work closely with strategy and finance to ensure business initiatives are financially viable, build models to appropriately size opportunities, and align with overall revenue goals.

Qualifications & Experience...

  • Leadership: You have 10+ years of experience leading the creation of new products. Demonstrated ability to communicate across the organization and to Executive Leadership, having led large teams to success.
  • Partnership with Editorial. Demonstrated ability to partner with editorial counterparts on meeting user needs with combination of content and product features.
  • Product Strategy. Demonstrated ability to create 0-1 products that delight users and that have turned into habituating experiences.
  • Business Creation: You have a proven track record in developing and launching successful businesses. You understand the complexities of the media industry and can navigate them effectively.
  • Strategic & Creative Vision: You have experience creating and executing a holistic product strategy that is ambitious and creative, and ties into business goals. You are adept at balancing long-term vision with short-term execution.
  • People Management and Collaboration: You are an experienced people manager with 7+ years of experience. You have an inclusive mindset and can coach and motivate your team. You excel in cross-functional collaboration.
  • Execution and Results: You have managed complex projects and delivered results on time. You are aggressive about your goals and help your team manage tradeoffs. You focus relentlessly on delivering impactful work.
  • Innovative Thinking: You stay up to date on the digital and technological landscape to understand competitors’ tactics and market trends.

How We Get Things Done…

This last bit is probably the most important! Here at WBD, our guiding principles are the core values by which we operate and are central to how we get things done. You can find them at www.wbd.com/guiding-principles/  along with some insights from the team on what they mean and how they show up in their day to day. We hope they resonate with you and look forward to discussing them during your interview.

Championing Inclusion at WBD

Warner Bros. Discovery embraces the opportunity to build a workforce that reflects the diversity of our society and the world around us. Being an equal opportunity employer means that we take seriously our responsibility to consider qualified candidates on the basis of merit, without regard to race, color, religion, national origin, gender, sexual orientation, gender identity or expression, age, mental or physical disability, and genetic information, marital status, citizenship status, military status, protected veteran status or any other category protected by law.

If you’re a qualified candidate and you require adjustments or accommodations to search for a job opening or apply for a position, please contact us at [email protected].

In compliance with local law, we are disclosing the compensation, or a range thereof, for roles in locations where legally required. Actual salaries will vary based on several factors, including but not limited to external market data, internal equity, location, skill set, experience, and/or performance. Base pay is just one component of Warner Bros. Discovery’s total compensation package for employees. Pay Range: $196,014.00 - $364,026.00 salary per year. Other rewards may include annual bonuses, short- and long-term incentives, and program-specific awards. In addition, Warner Bros. Discovery provides a variety of benefits to employees, including health insurance coverage, an employee wellness program, life and disability insurance, a retirement savings plan, paid holidays and sick time and vacation.