New Bosses Nuke CNN+: Streaming Service Is No More

From a story on by Rachael Bade and Garrett Ross headlined “New bosses nuke CNN+”:

After weeks of stories indicating that CNN+ was lagging behind internal expectations for new subscribers, the fledgling streaming service is no more.

“Warner Bros. Discovery is shutting down CNN+ as of April 30, marking one of the company’s first significant maneuvers since completing the merger of WarnerMedia and Discovery less than two weeks ago,” Variety’s Brian Steinberg scoops. “The decision puts an abrupt end to an ambitious venture that people familiar with the matter say rankled DAVID ZASLAV, the new CEO of Warner Bros. Discovery, from the start. Zaslav was annoyed by the decision of JASON KILAR, the former CEO of WarnerMedia when it was owned by AT&T, to launch CNN+ just weeks before Discovery was set to take over operations.