Warner Bros. Discovery is reportedly shutting down CNN’s new subscription streaming service, CNN+, after the service experienced significant struggles in attracting an audience.
“Chris Licht, the incoming CEO of CNN, sent a memo to staffers Thursday morning about ‘an important meeting’ to be held at noon, and is at that time expected to inform staffer about the decision,” Variety reported. “Licht has already told Andrew Morse, the CNN executive vice president who oversees the newly-launched streaming-video outlet, of the decision.”
CNBC reported last week that fewer than 10,000 people were using CNN+ on a daily basis.
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Source: Dailywire
