Collapse of CNN+ continues after Warner Bros reportedly cuts marketing spending

[SugarDaddy1]

A report in Axios detailed the collapse of CNN+, the premium news subscription service headlined by former longtime Fox News anchor Chris Wallace.

The report said that Warner Bros. Discovery had pulled external marketing spending for the service, according to five separate sources. They also reportedly cut CNN's longtime chief financial officer over the debacle.

A separate report in May claimed that CNN+ was already heading towards employee layoffs in May.

Later reports surfaced that Wallace was growing frustrated that plans for the subscription channel were imploding due to the resignation of Jeff Zucker in the wake of revelations about an inappropriate relationship with an underling.

https://www.theblaze.com/news/cnn-plus-imploding-axios-report

 

[JakBird]

If CNN+ (or CNN itself) disappears would anyone notice?

 

[ll74]

No.

But I wouldn't notice if any other network disappeared either

 

[Sean Renaud]

I'd notice and we'd need a replacement but I don't know why they thought plus was an idea if they weren't gonna hire us.

 

[SugarDaddy1]

Warner Bros. Discovery is shutting down CNN+, according to two people familiar with the matter.

An official announcement is coming at noon ET, one of the people said. Operations will halt April 30. CNN+ leader Andrew Morse is leaving Warner Bros. Discovery, the people said.

https://www.cnbc.com/2022/04/21/cnn-is-shutting-down-effective-april-30-sources-say.html

 

[JakBird]

I'd notice and we'd need a replacement

There's always MSNBC. Not a bad idea if CNN and MSNBC were to merge. Sort of like the days of AOL and Time Warner. Company after merger worth less than either of the two separate entities. Considering how unprofitable CNN is I'd wager Discovery would jump at the chance to unload CNN.

 

[Rightguide]

Gutfeld pointed out Fox could now get Chris Wallace back at a big discount.

 

[HisArpy]

Gutfeld pointed out Fox could now get Chris Wallace back at a big discount.

Ewwwwww...

 

[pecksniff]

Gutfeld pointed out Fox could now get Chris Wallace back at a big discount.

No, he left Fox for very good reasons.

 

[BabyBoomer50s]

The swift failure of CNN+ was entirely predictable.

 

[Veroe]

The swift failure of CNN+ was entirely predictable.

I agree. I don't know what was going through their heads, but it was a dumb idea of putting so called "talent" like Jake tapper and Brian stelter behind a pay wall when not very many people watch them for free on CNN proper.

 

[Rightguide]

No, he left Fox for very good reasons.

Yep, but was too dumb to manage his own future, but he did get to watch his employer dump 300 million into the toilet building his new failed platform.

 

[pecksniff]

Yep, but was too dumb to manage his own future, but he did get to watch his employer dump 300 million into the toilet building his new failed platform.

Doesn't matter, he'll never go back to Fox.

 

[Veroe]

Doesn't matter, he'll never go back to Fox.

MSNBC is looking for someone to take over for Rachel Maddow. Wallace could find a home there. The Resisitance Libs that watch MSNBC positively just love conservatives that have beef with Maga and/or Foxnews.