Weatherman2020
Diamond Member
Even the Left doesn’t want to watch their BS.
Warner Bros. Discovery has suspended all external marketing spend for CNN+ and has laid off CNN's longtime chief financial officer as it weighs what to do with the subscription streaming service moving forward, five sources tell Axios.
Why it matters: Inside CNN, executives think the launch has been successful. Discovery executives disagree.
CNN+ has roughly 150,000 subscribers so far.
Warner Bros. Discovery wants to eventually build one giant service around HBO Max.
...
Executives are frustrated that new leadership is moving quickly to dismantle what they see as an eventual lifeline for the cable network.
CNN's original plan was for CNN+ to become profitable in four years by investing $1 billion into the service.
Warner Bros. Discovery has suspended all external marketing spend for CNN+ and has laid off CNN's longtime chief financial officer as it weighs what to do with the subscription streaming service moving forward, five sources tell Axios.
Why it matters: Inside CNN, executives think the launch has been successful. Discovery executives disagree.
CNN+ has roughly 150,000 subscribers so far.
Warner Bros. Discovery wants to eventually build one giant service around HBO Max.
...
Executives are frustrated that new leadership is moving quickly to dismantle what they see as an eventual lifeline for the cable network.
CNN's original plan was for CNN+ to become profitable in four years by investing $1 billion into the service.
Scoop: CNN+ looks doomed
CNN execs think the launch has been successful. Discovery executives disagree.
www.axios.com