Remember when Spitzer was thought to be a leading contender for President in ’16? How the mighty have fallen. Nice to see that Burnett left CNBC for something substantial though.

1:42 p.m. | Updated CNN on Wednesday cancelled Eliot Spitzer’s 8 p.m. political talk show, “In The Arena,” after only nine months, and said it would shift Anderson Cooper’s 10 p.m. nightly newscast into the time slot.

The cable news channel also said that Erin Burnett, a new hire from CNBC, would take over the 7 p.m. time slot on weekdays, replacing John King, who will move to 6 p.m. “The Situation Room with Wolf Blitzer,” which currently runs from 5 to 7 p.m., will move to 4 to 6 p.m.

The shake-up is intended to stabilize CNN’s television ratings and create better transitions between shows. The only prime time show that is unaffected is “Piers Morgan Tonight,” the 9 p.m. interview show that was introduced six months ago.

Once Mr. Cooper’s newscast shifts to 8 p.m., it will be rebroadcast at 10 p.m., deepening the channel’s dependence on him.