On the December 12, 2021, episode of Fox News Sunday, Wallace announced that it would be his final day hosting the program. It was later announced that Wallace had been hired by CNN to host a new program for its streaming service CNN+, which launched in April 2022. Wallace stated the show was inspired by Larry King, Charlie Rose, and his father Mike Wallace. Wallace had complained to Fox management about its opinion hosts, in particular Sean Hannity's and Tucker Carlson's increasing emphasis on untruths about the January 6 United States Capitol attack and the outcome of the 2020 presidential election. Wallace was particularly disturbed by Carlson's special Patriot Purge. He said the work environment at Fox grew "increasingly unsustainable" for him after the 2020 election.