Another CNN streaming service is coming, because that totally worked last time

CNN is laying off more staff and making plans to launch another streaming service, according to a memo from CEO Mark Thompson been obtained before Hollywood Observer. About 200 employee positions are being cut, affecting six percent of CNN’s current staff.

The changes are being made in response to “profound and irreversible shifts in the way audiences in America and around the world consume news,” according to Thompson. Launching a new streaming service yet CNN+ actor failed – Previous broadcast home Stanley Tucci: Searching for Italy – It seems to be related to the same thinking.

According to Thompson:

Some CNN shows are already available on Max, the streaming service of its parent company Warner Bros. Discovery, but this new service is supposed to be a benefit for subscribers who pay for CNN directly. The company launched a Subscribe to cnn.com In October 2024 for $3.99 per month or $29.99 per year.

Considering less than 10,000 daily users, CNN+ was Reportedly able to bringIt certainly seems like any new streaming service is going to have an uphill battle.