CNN+ is officially shutting down after one month of launching the streaming service.
This major announcement happened today (4/21/2022) when Warner Bros. Discovery leadership announced that it will be shutting down CNN+ on April 30, only one month after the debut of the new streaming service.
After reading this story we want to know your thoughts in the comments below. What do you think of CNN+ calling it quits after one month?
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This story comes from multiple sources including the official CNN Twitter account, which posted the following announcement on its social media accounts:
CNN+, the streaming service that was hyped as one of the most signifiant developments in the history of CNN, will shut down on April 30, just one month after it launched. https://t.co/K92mv8qBE7
— CNN (@CNN) April 21, 2022
According to the official CNN press release, the decision to shut down the CNN+ service was made by the new management team in charge of Warner Bros. Discovery Inc.
About a month ago we saw WarnerMedia merge with Discovery in an effort to form a better-combined product.
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The prior management team’s vision for CNN+ differed from Warner Bros. Discovery CEO David Zaslav’s plan for the new streaming service.
Zaslav has been open in the past about his desire to combine all of the company’s streaming assets, which also include Discovery+ and HBO Max, under a single umbrella.
Discovery’s streaming boss, J.B. Perrette, commented on the shutdown of CNN+ on such short notice:
“This decision is in line with WBD’s broader direct-to-consumer strategy. In a complex streaming market, consumers want simplicity and an all-in service, which provides a better experience and more value than stand-alone offerings, and, for the company, a more sustainable business model to drive our future investments in great journalism and storytelling.”
Perrette then continued trying to promote some optimism about the situation.
“We have very exciting opportunities ahead in the streaming space and CNN, one of the world’s premier reputational assets, will play an important role there.”
The report goes on to mention that hundreds of CNN+ employees may lose their jobs.
One employee even commented the following anonymously:
“At first people were really freaking out, and then toward the end of the meeting, it just turned to sadness. Every team was just huddling with each other.”
As for current subscribers of the CNN+ service, “customers will receive prorated refunds of subscription fees,” the company said.
Overall, it will be interesting to see how this plays out and if any future streaming services will be launched under the new management team for Warner Bros. Discovery.
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Sounds like a bunch of addicted people mad at hearing and seeing the truth. God help us all.
I’m glad that these woke leftist are shutting down nobody watched them on regular cable anyway.
“great journalism and storytelling.” ? CNN only did storytelling. What they wanted you to believe instead of the facts…CNN committed suicide years ago…
Yup, what he/she said.
CNN is a joke and therefore any offspring would be a chip off the ole joke.
Nobody watches CNN. They were crazy to think anyone would pay for a CNN+.
Report the news, not what you think the news should be.
CNN will spin it. People generally like the truth from the news. Not versions of CNN and guests on CNN reporting their opinions. Of course, the closure was perfectly legitimate and by no means the fault of poor management.
Absolutely Fantastic that those morons are shutting down they Absolutely deserve it.
Good, when a network is more concern about pushing false information due to political beliefs, and keeping pedophiles, liars, and cheaters on there payroll, its bound to catch up, and bite you where it hurts, in your wallet….
After Netflix announced they lost 200k+ subscribers on April 19th, all streaming services got nervous. Obviously, after this news, any new start-up streaming service wouldn’t make sense and the good folks at CNN saw CNN+ wasn’t such a cash cow as to be expected so they made the wise decision to jump ship before it hit an iceberg!
They made jobs for a punch of veteran news people. Some trying to escape the horror if F9ox news and others thinking they hD a great platform to dispense there product. Then to not even give it a chance to get off the ground the new management cut it. THEY suck!!. That was inconsiderate and cold blooded. It almost seems like retaliation. F$#$ these guys. I’ll be avoid all of their products in retaliation.
Boo Hoo HHOOOOO. So CNN’ers are losing their job at making up stories and cram it down the throats of the watching (gullible sheep) brain dead viewers, telling all ” I No Lie, It Is The truth “.
Not one iota of pitty from this American Patriot / Veteran Retiree
Well it appears the American people are sick and tired of the lies and filth this network is trying to push on us. Hey Chrissy Wallace, I hear LogoTV is looking for talent like yours. FJB
Good riddance CNN+ and take the main channel with you.
CNN/bunch of losers!! when their rating are tanking ,spend $300M ,give the same crap with mostly same people& expect people to pay!