Latest streamer shuts down just three weeks after launch


Three weeks after its launch, CNN’s new streaming service is already planning to shut down.

The media giant confirmed on Thursday that Warner Bros. Discovery will shut down the streaming news service on April 30.

In a statement Thursday, CNN Worldwide President and CEO Chris Licht said the network is part of the company’s broader streaming vision and plans to combine elements of it with a planned HBO merger. Max and Discovery+, the company’s two entertainment-focused streaming services.

“We have therefore made the decision to cease operations of CNN+ and to focus our investments on CNN’s core newsgathering operations and the continued construction of CNN Digital,” Licht said.

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Andrew Morse, chief digital officer of CNN Worldwide and director of CNN+, will be leaving the company after a period of transition.

The decision to drop CNN+ marks a stunning turnaround for the media giant, which had touted the fledgling service as one of the biggest launches since CNN launched more than 40 years ago. But WarnerMedia, CNN’s former parent company, was acquired by Discovery on April 11, and the new owner had a different strategic vision for its streaming networks.




USA Today

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