Press "Enter" to skip to content

CNN+ To Cut Major Investments As Subscriptions Are A Disaster

by Carmine Sabia


The new streaming service for CNN, known as CNN+, is expected to face massive cuts in investment as it is not reaching its subscription goals.

The service had hired former “Fox News Sunday” host Chris Wallace, who was disgruntled with Fox News and moved to then network likely thinking it was stable.

But now a large number of funds that were set to go into the streaming service are going to be cut, Axios reported.

The news giant was initially planning to invest around $1 billion in the service over the next four years…


Read More Here

Daily Headlines​

Breaking News: