Oliver Darcy has departed CNN, where he was the senior media reporter and author of the 'Reliable Sources' newsletter, to launch his independent newsletter called 'Status.' Darcy's new venture promises hard-hitting reporting and analysis of the media, Hollywood, and Silicon Valley, with subscription options ranging from free to $595 annually. His exit comes amidst CNN's significant restructuring and layoffs under CEO Mark Thompson. Darcy's tenure at CNN was marked by his critical stance on media practices, including his own network's coverage. 'Reliable Sources' will go on hiatus over the summer and return in the fall with a new writer.