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    Warner Bros. Discovery is shutting down CNN’s streaming service less than a month after launch

    The streaming video business is going through a correction, and CNN+ has become a major casualty. Just nine days after the completion of the merger that created Warner Bros. Discovery, new management announced Thursday it is pulling the plug on CNN's $5.99-a-month streaming service. CNN staffers were informed that CNN+, which launched March 29, will be shut down April 30, according to a memo ...
    by Stephen Battaglio, Los Angeles Times Apr 21, 2022 4 minutes
    CNN staffers were informed Thursday, April 21, 2022, that CNN+, which launched on March 29, will be shut down on April 30 according to a memo from incoming CNN President Chris Licht obtained by the Times.

    The streaming video business is going through a correction, and CNN+ has become a major casualty.

    Just nine days after the completion of the merger that created Warner Bros. Discovery, new management announced Thursday it is pulling the plug on CNN's $5.99-a-month streaming service.

    CNN staffers were informed that CNN+, which launched March 29, will be shut down April 30, according to a memo from incoming CNN President Chris Licht obtained by The Times.

    "This decision is in line with WBD's broader direct-to-consumer strategy," Licht said. "In a complex streaming market, consumers want simplicity and an all-in service, which provides a better experience and more value than stand-alone

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