FILE - This April 18, 2007 file photo shows Jim Walton, president of CNN Worldwide, at a party held by CNN celebrating King's fifty years of broadcasting in New York. Walton is quitting, saying the beleaguered news network needs a different leader with a new perspective and plans. Walton built CNN into a profitable international news organization in his 10 years as boss. But the U.S. flagship network has suffered through some historically poor ratings in the past few months and is entrenched in third place behind rivals Fox News Channel and MSNBC in prime time. He announced his decision in an email to staff on Friday, July 27, 2012. (AP Photo/Stuart Ramson, file)

Associated Press
FILE - This April 18, 2007 file photo shows Jim Walton, president of CNN Worldwide, at a party held by CNN celebrating King's fifty years of broadcasting in New York. Walton is quitting, saying the beleaguered news network needs a different leader with a new perspective and plans. Walton built CNN into a profitable international news organization in his 10 years as boss. But the U.S. flagship network has suffered through some historically poor ratings in the past few months and is entrenched in third place behind rivals Fox News Channel and MSNBC in prime time. He announced his decision in an email to staff on Friday, July 27, 2012. (AP Photo/Stuart Ramson, file)
FILE - This April 18, 2007 file photo shows Jim Walton, president of CNN Worldwide, at a party held by CNN celebrating King's fifty years of broadcasting in New York. Walton is quitting, saying the beleaguered news network needs a different leader with a new perspective and plans. Walton built CNN into a profitable international news organization in his 10 years as boss. But the U.S. flagship network has suffered through some historically poor ratings in the past few months and is entrenched in third place behind rivals Fox News Channel and MSNBC in prime time. He announced his decision in an email to staff on Friday, July 27, 2012. (AP Photo/Stuart Ramson, file)
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