CNN Plus, the news network’s dedicated streaming service, is shutting down before even turning a month old. Chris Licht, the new CEO of CNN, delivered the news to his new team at an all-hands meeting on Thursday, and the service will shut down entirely on April 30th.

The network seemed to be doomed from the very beginning. The early subscriber numbers were bleak: Axios reported that about 150,000 people had signed up for the $5.99-a-month service as of this week, while CNBC reported that fewer than 10,000 people were using it on a daily basis. The service launched in the middle of huge turnover at the company, both with Licht’s appointment and with the newly combined Warner Bros. Discovery corporate structure being finalized.

CNN+,…

Continue reading…

By

Leave a Reply