Former CNN+ anchor Chris Wallace says he would not know what's subsequent for him after the community immediately introduced it was closing down however says he'll be "superb."

Wallace made the remarks Sunday throughout a livestreamed occasion by the civic engagement group Widespread Floor Committee. The veteran information anchor addressed questions concerning his future, in addition to his departure from CNN+, which introduced final week it was shutting down shortly after launching.

Former CBS Information correspondent Jacqueline Adams, who was moderating the occasion, instantly introduced up the "elephant within the room" noting that CNN+ mentioned on Thursday it was shutting down.

"How ought to information shoppers react? Are there already sufficient decisions for information sources on the market? And are the times of streaming already over?" she requested.

Chris Wallace Moderating Presidential Debate
Former CNN+ host Chris Wallace not too long ago mentioned he has no plans in place after the shutdown of the streaming service. Right here, Wallace directs the primary presidential debate between U.S. President Donald Trump and Democratic presidential nominee Joe Biden on the Well being Schooling Campus of Case Western Reserve College on September 29, 2020 in Cleveland, Ohio.Olivier Douliery/Getty Photographs

"Wow, that was fast," Wallace responded. "It is an attention-grabbing factor, and I have been a sufferer of all of this within the final week."

Wallace left Fox Information in December after almost 20 years to host an interview present on CNN's new streaming service. Talking through the discussion board, Wallace mentioned that "good folks" like former CNN head Jeff Zucker noticed streaming as the way forward for information due to shoppers' declining curiosity in "huge, costly 50-channel cable offers."

"The thought was you have to get a foothold within the streaming world as a result of that is what the way forward for information off the mainstream networks goes to be," mentioned Wallace.

However he mentioned that after WarnerMedia, the father or mother firm of CNN, merged with Discovery, different "equally good folks" got here in with "diametrically opposed" views on streaming. The end result was the tip of CNN+, which will stop operations on April 30 after launching on March 29.

"Two weeks in the past, streaming was king," mentioned Wallace. "Now we have had the choice on CNN+, we have had the unhealthy forecast about subscribers at Netflix, and immediately streaming is in an ICU on life assist. I believe that most likely the constructive view of streaming and the adverse view of streaming have been each wildly exaggerated, and we're simply going to have to attend and see."

In response to a query from Adams about his future plans, Wallace mentioned he did not know however wasn't nervous.

"I'm going to be superb," he mentioned. "I am in good condition, whether or not it is at CNN or someplace else."

Wallace, 74, added that he was extra involved about his group and the a whole lot of individuals at CNN+, a few of whom had moved from throughout the nation to work on the streaming service.

"I believe you are seeing lots of the anchors at CNN+ do every little thing they will to guard the people who have been engaged on their group and ensure they both get a secure touchdown at CNN or someplace else," mentioned Wallace.

Newsweek reached out to CNN for remark.