Updated, with CNN comment: Oliver Darcy, who has been the top media reporter for CNN and author of its Reliable Sources newsletter, is departing the network and launching his own newsletter.

In an email sent out today, Darcy introduced Status, which will land in inboxes each evening.

“Drawing on a deep well of sourcing and industry expertise, Status delivers hard-hitting reporting and unflinching analysis on the Fourth Estate, Hollywood, and Silicon Valley,” Darcy wrote. “There will be no sugarcoating, no pulling punches, no sparing sensitive egos – just the unvarnished truth about the companies and individuals who shape our world.”

The newsletter will be a subscription offering but also seeking advertising support. “Status is proudly independent and relies on its readers’ for support,” the email read.

“In nearly a decade on the beat, seven years of which were for CNN, Darcy has built a reputation for consistently delivering consequential scoops and...