Variety announced that on April 30, the plug will be pulled on CNN+, the streaming service that CNN invested $300 million into.
Originally, CNN had the round-the-clock streaming service in the works for years, which anchor Brian Stelter said would be, “”the evolution of video news and the start of a new era.” With this planning came a large chunk of money to invest in the project in addition to gathering relevant news anchors like Chris Wallace. When the service officially launched on March 29, CNN was told by consultants that they would be expecting at least 2 million people to subscribe and pay the $60 annual fee within 2022 alone.
However, much to CNN’s dismay, fewer than 10,000 people were actively using CNN+ before the official closure announcement, as reported by CNBC.
Variety shared that David Zaslav, CEO of Warner Bros. Discovery, stated that he had seen enough and was already “rankled” by the former CEO’s decision to “launch CNN+ just weeks before Discovery was set to take over operations.”
This latest scandal comes as no surprise, given the left-wing network’s bad history and performance following former president Donald Trump’s leave of office. Most notably in the past year, CNN fired one of their most prominent anchors Chris Cuomo in light of him attempting to help his brother Andrew Cuomo facing sexual harassment allegations from multiple women. Interestingly enough, The Washington Free Beacon shared that Chris Cuomo was also receiving similar accusations of harassment.
Other various scandals within the news network include an investigation to then CNN president Jeff Zucker’s romantic relations with a subordinate and former aide of Andrew Cuomo, which resulted in his abrupt resignation this February. Another news anchor, Don Lemon, has also been charged for sexual assault and Jeffrey Toobin, the network’s chief legal analyst, masturbated in front of colleagues while on a Zoom call, but miraculously was able to hold onto his job.