United States's major news media CNN's brand-new streaming service "CNN+" is shutting down only a month after its launch. On Thursday, CNN's chief executive Chris Licht said the service would shut down at the end of April.
CNN+ launched when its parent was still part of AT&T. It combined with Discovery earlier this month in a new company 'Warner Bros'. Then organizations decide to shut down the 1 month years old brand-new streaming service. According to AT&T, CNN spend $100 million in development costs and some 500 employees for CNN+ and they did not get enough subscribers.
*TNN is not an imitation of CNN*
Comments