The numbers on CNN+ just didn’t add up ...Middle East

After roughly $300 million invested, 23 days in operation, and just 10,000 daily viewers, the numbers for CNN+ just didn’t add up. The streaming service’s parent, CNN, has decided to shutter the product; April 30 will be its last day in operation. The decision was confirmed by CNN on its website, just three days after reports surfaced that the company had decided to cut CNN+’s marketing budget. During today’s conference call with investors, AT&T, the former parent company of CNN, noted that “declines in earnings at WarnerMedia reflect increased investments incurred in launching CNN+ and expanding new territories at HBO Max.”Now, under the leadership of David Zaslav, the CEO of the newly form

Hence then, the article about the numbers on cnn just didn t add up was published today ( Thursday 21/04/2022 - 08:43 PM ) and is available on Quartz ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( The numbers on CNN+ just didn’t add up )

Also on site :

• NGU Sports Lighting Launches Performance Lighting Delivered, Removing Financial Barriers to LED Sports Lighting
• Valant Brings Purpose-Built RCM to Behavioral Health -- a Market Long Underserved by General Billing Solutions
• Fahad Al-Saif praises ‘Aman’ initiative to enable safe Hajj and Umrah for patients with complex conditions