March 29th, 2022 CNN+ launched and is already failing a single day after.
Fox Business Network's Charles Gasparino reported Wednesday that CNN+, which was a $120 million venture, is already failing and may not survive much longer. It is said that CNN+ employees are bracing for possible layoffs as soon as May. There is a possibility that the new streaming channel could be merged into a larger Discovery+, unless subscriptions pick up for CNN+ on its own.
It is said that CNN+ will have to attract between 500,000 to 1,000,000 subscribers within its first 12 months to claim any type of success. I don’t think that the big names
like Chris Wallace, Katie Hunt, or Eva Longoria all set to host new shows can turn this ship right side up.
CNN has not yet denied a report that the company will be conducting any layoffs as soon as May.
CNN+ Twitter account posted:
Little side question, did CNN+ already get a certified emoji? Kind of looks like it, I could be wrong. Also check out them likes and Retweets, ton of excitement there.
