CNN's New Streaming Service, to Shut Down by End of April.
'The New York Times' reports that Warner Bros.
Discovery announced it would shut down CNN's new streaming service.
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'The New York Times' reports that Warner Bros.
Discovery announced it would shut down CNN's new streaming service.
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The news comes just weeks after the debut of CNN+ which was meant to usher the news outlet into the digital future.
The news comes just weeks after the debut of CNN+ which was meant to usher the news outlet into the digital future.
The service is scheduled to go offline on April 30.
CNN's chief digital officer and an architect of the company's streaming strategy, Andrew Morse, will also step down.
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On April 21, CNN's new incoming president, Chris Licht, addressed the announcement and held an all-hands meeting among CNN+ staffers.
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On April 21, CNN's new incoming president, Chris Licht, addressed the announcement and held an all-hands meeting among CNN+ staffers.
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While today’s decision is incredibly difficult, it is the right one for the long-term success of CNN, Chris Licht, incoming president of CNN, via 'The New York Times'.
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, Chris Licht, incoming president of CNN, via 'The New York Times'.
The 'NYT' reports that the decision comes after CNN spent tens of millions of dollars developing the service.
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The 'NYT' reports that the decision comes after CNN spent tens of millions of dollars developing the service.
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The news media company invested in an aggressive nationwide marketing campaign.
CNN also added hundreds of new employees and hired high-priced media stars like former NPR co-host Audie Cornish and former Fox anchor Chris Wallace.
CNN also added hundreds of new employees and hired high-priced media stars like former NPR co-host Audie Cornish and former Fox anchor Chris Wallace.
CNN also added hundreds of new employees and hired high-priced media stars like former NPR co-host Audie Cornish and former Fox anchor Chris Wallace.
According to the 'NYT,' CNN+ was promoted to both CNN employees and subscribers as the network's future.
According to the 'NYT,' CNN+ was promoted to both CNN employees and subscribers as the network's future.
The news comes shortly after CNN's former parent company, WarnerMedia, merged with Discovery.
The news comes shortly after CNN's former parent company, WarnerMedia, merged with Discovery
