BREAKING NEWS! CNN+ 2022-2022
Before CNN even launched CNN+ FTVLive predicted that it would be a bust.
But, if we are being completely honest, we knew it would fail, but we expected to last more than a month.
Just weeks after starting the streaming service in which CNN pour millions of dollars into, they are pulling the plug on the streaming service.
FTVLive said that in its current state it was never going to work and it appears that CNN’s incoming boss Chris Licht decided to pull the plug now and not let it bleed out.
In a memo to the staff, Licht wrote, ““While today’s decision is incredibly difficult, it is the right one for the long-term success of CNN. It allows us to refocus resources on the core products that drive our singular focus: further enhancing CNN’s journalism and its reputation as a global news leader.”
Licht did sayCNN+ employees will get opportunities to apply for jobs elsewhere inside Warner Bros. Discovery. The head of CNN+, Andrew Morse, is leaving the company.
CNN+ launched March 29th and it will die at the end of April.
Jeff Zucker’s last failure at CNN.