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General Category => General Comments => Topic started by: Crunch on April 23, 2022, 10:37:47 AM

Title: CNN+
Post by: Crunch on April 23, 2022, 10:37:47 AM
Estimated $300 million total investment. Lasted 3 weeks.  :o

I’ve been laughing so much about this. There are literally reruns of Golden Girls at 7 AM on nickelodeon that get more viewers.


 ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D
Title: Re: CNN+
Post by: Fenring on April 23, 2022, 10:51:44 AM
I just head about that too. My question is: what is CNN+??
Title: Re: CNN+
Post by: LetterRip on April 23, 2022, 11:54:10 AM

first I learned of it was it being declared failed.

Not sure who the target audience was supposed to be or who thought it would be a good idea.
Title: Re: CNN+
Post by: TheDrake on April 23, 2022, 01:00:25 PM
Executives at Discovery, wary of antitrust rules, were constrained from advising their counterparts at CNN until the merger was done. CNN+ had lost its champion when Mr. Zucker left in February because of an undisclosed romantic relationship with a colleague. But Jason Kilar, the WarnerMedia chief executive, forged ahead anyway, launching the streaming platform on March 29 to the frustration of the Discovery leadership

It quickly became apparent that Mr. Zaslav had a very different view on digital strategy.

On the morning of April 11, the first business day of Discovery’s ownership — and 90 minutes before its WBD stock even went live on Nasdaq — JB Perrette, Discovery’s global head of streaming, convened a meeting with CNN executives.

Mr. Perrette had a message: Marketing of CNN+ was to be suspended, pending a formal review of the business, three people familiar with the conversation said.

Executives at Warner Bros. Discovery wanted to merge its other subscription platforms — Discovery+ and HBO Max — into one giant streaming service. They were not convinced that a niche product like CNN+ could be viable on its own.

So in other words, their new corporate daddy had a better idea to incorporate and market the content. The abruptness was simply them exercising control once they got it. I don't imagine that any of the investment is lost, the content will be repackaged and distributed and the infrastructure will have a different URL. But just keep on going with your "CNN bad" narrative. I personally hate their content, but I have Discovery+ and HBO Max, so I guess I'll be getting it shoved down my throat by the new app. Great.