CNN’s streaming service shutting down a month after launch

world
Cnn’s Streaming Service Shutting Down A Month After Launch
The logo for the new CNN streaming service CNN+ which debuted on March 29
Share this article

By Associated Press Reporter

CNN’s new streaming service, CNN+, is shutting down only a month after launch.

In a memo on Thursday, incoming CNN chief executive Chris Licht said the service would shut down at the end of April.

Advertisement

CNN+ launched when its parent was still part of AT&T.

It combined with Discovery earlier this month in a new company, Warner Bros Discovery, under Discovery chief executive David Zaslav, who had his own vision for CNN and its Warner siblings.

Advertisement

 

In his memo, Mr Licht said consumers wanted “simplicity and an all-in service” rather than “standalone offerings”.

Discovery had previously suggested that it wanted to merge the new company’s separate streaming services, which include Discovery+ and HBO Max, into a single app.

Mr Licht said some CNN+ content will wind up on other company networks, and the streaming service’s employees will get opportunities to apply for jobs elsewhere inside Warner Bros Discovery.

Advertisement

The head of CNN+, Andrew Morse, is leaving the company.

Mr Licht wrote: “While today’s decision is incredibly difficult, it is the right one for the long-term success of CNN.

“It allows us to refocus resources on the core products that drive our singular focus: further enhancing CNN’s journalism and its reputation as a global news leader.”

Under AT&T, there were 100 million dollars (£76.7 million) in development costs and some 500 employees assigned to building out CNN+.

Advertisement

Read More

Message submitting... Thank you for waiting.

Want us to email you top stories each lunch time?

Download our Apps
© BreakingNews.ie 2024, developed by Square1 and powered by PublisherPlus.com