CNN+ Shutting Down After a Month [View all]
Source: Mediaite
Warner Bros. Discovery is shutting down CNN+ just three weeks after its launch, Mediaite has learned. Despite CNN executives maintaining that the CNN+ launch was a success, the network suspended the services marketing spending and laid off its chief financial officer earlier this week. The New York Times first reported on Thursday that the service will completely cease operations on April 30. CNN confirmed the news with its own report shortly after.
Chris Licht, the incoming president of CNN, called an all-hands meeting among CNN+ staffers for noon on Thursday to share the news, the Times reported. I feel so badly for them, a CNN insider told Mediaite, adding that CNN+ had tons of potential but there were certainly some questionable programming decisions. A lot of young talented people gave up good jobs to go there, they said. Thats the really sad part.
Read more: https://www.mediaite.com/tv/breaking-cnn-shutting-down-after-just-three-weeks/