BusinessThursday 04.21.22

Warner Bros. Discovery announced that it’s shutting down CNN+ just a month after its launch.

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Warner Bros. Discovery announced that it’s shutting down CNN+ just a month after its launch.

Within weeks after the completion of the merger that produced Warner Bros. Discovery, the new management plans to close CNN’s new streaming channel. CNN+ was widely touted as the future of digital media and received a lot of investment under the old management. The streaming platform recruited big names from the industry like Chris Wallace from Fox News, Audie Cornish from NPR, and Kasie Hunt from NBC, to name a few.

CNN+ was launched on March 29, at a restaurant in Manhattan by Andrew Morse, the Executive Vice President and Chief Digital Officer of CNN Worldwide and Head of CNN+. He will also step down after a transition period.

Chris Licht, the incoming president of CNN, informed the staff about the decision in a letter. The streaming service will cease its operations on April 30, just a month after it started operating.

 

Recount Wire

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