Posted on 04/13/2022 6:32:48 AM PDT by blam
Despite the hype, CNN’s Internet streaming service, CNN+, has already tanked in its first month online after hiring the likes of left-wing “sports” commentators Jemele Hill and serial fabulist Rex Chapman.
CNN’s streaming service launched only two weeks ago to great fanfare, but now it is being reported that the company is already gutting its investment into the service by millions. Even left-wing Axios noted that the “dramatic cut” is being made “in response to low adoption,” i.e., disastrously low subscription levels.
CNN is now owned by WarnerMedia just as it is merging with Discovery, and some of the execs of these entities are a bit confused as to why CNN rushed through its launch of the now failing service before the merger was complete. And it also does not appear that the new slate of bosses who will have responsibility for CNN+ — including incoming CNN chief Chris Licht– are married to the idea of keeping the service in operation.
It also already appears that mass layoffs will hit CNN+ early as next month, Charles Gasparino reported on March 30.
Breaking: @CNNplus employees bracing for layoffs possibly as soon as May amid projections of lackluster sales of new streaming channel; CNN employees say new streaming channel could be merged into larger @discoveryplus as early as May unless subscriptions pick up 130 @FoxBusiness
— Charles Gasparino (@CGasparino) March 30, 2022
This dire assessment should set some of CNN+’s new “stars” on edge.
Former ESPN commentator and hardcore leftist Jemele Hill, for one, was thrilled to be back to video after signing her deal with CNN+. Hill insisted in March that CNN+ was a perfect fit for her “boldness and strength.”
(snip)
(Excerpt) Read more at breitbart.com ...
Some dumpster fires are funnier than others......and then some are purely hilarious 😂
The former Kentucky basketball player?
1&same
A dumpster fire where Chrissy Wallace’s career goes down in flames.
Chrissy chose poorly. A one way ticket to palookaville.
Last I heard of Chapman, he was arrested for stealing from my local Apple Store to pay for his drug habit. Apparently, all he had to do to get back into the media’s good graces was to become a mini Keith Olbermann. :)
I remember Joe Palooka comics.
proof no one willingly pays for CNN..
you get it as part of your basic cable package, you are forced to have it or cut the cord.
I cut the cord but that’s just me.
You’d think they’d have learned after the “Air America” fiasco when they tried to go up against Rush.
Idiot leftists never learn. Didn’t they fail with those lunatic liberal radio shows years ago?
Next season we may see Chris Wallace on the rebirth of Hollywood Squares called Poliworld Squares. We’ll put Jen Psaki at center square.
When I was at UF and we played Kentucky we ragged on him to no end.
Wow! Air America. Must have died silently in it sleep. I didn’t even know it was dead.
What the heck is a “serial fabulist”?
Think Brian Williams.
Were you on the basketball team at UF?
Rex Chapman was a good basketball player, but how nutty has he become?
Chrissy better be saving whatever he is getting paid now.
May have to live on it for a long time.
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