CNN+ shutting down after only a couple weeks and $300M ...

[jack8291]

...almost unbelievable . Looks like Rex may be out of a job...

https://www.nytimes.com/2022/04/21/business/cnn-plus-shutting-down.html

 

[WildcatFan1982]

CNN+, the streaming service that was hyped as one of the most significant developments in the history of CNN, will shut down on April 30, just one month after it launched.

https://www.cnn.com/2022/04/21/media/cnn-shutting-down/index.html

 

[Beatle Bum]

Does Fox still have a streaming pay channel?

 

[WildcatFan1982]

BTW my post was in no way, shape, or form political. I'm laughing because this was just such an absurd idea. Even Quibi lasted longer than this nonsense.

 

[jack8291]

Political or not , 150k subscribers on a 300M initial investment is insanely bad. It’s worth posting be it cnn+ or espn+. It’s historically bad business . Like a chapter devoted to it in a future Econ textbook bad...

 

[jwheat]

I’m just happy for Rex