After the ratings success of the documentary film, Blackfish, CNN launched a new documentary initiative branded as CNN Films. Looking back at the history of the documentary genre on broadcast and cable/satellite television, one can see that the medium has had a troubled past in terms of ratings generation, although there have been notable exceptions. Unfortunately for documentary enthusiasts, a number of channels that once embraced documentary programming have since abandoned the genre and replaced it with nonfiction reality shows. Incorporating expectancy-value theory, one can assess that in order for a documentary initiative to be a successful ratings generator, the content must build a high amount of expectation among viewers and deliver a high amount of value. But it has been quite difficult for programming executives to successfully predict which documentaries will generate the solid ratings they seek. Given these factors, this article argues that the CNN Films push is a risky move by CNN President Jeff Zucker, and it is doubtful that the strategy can deliver the ratings surge the embattled network needs to beat its competition.