CNN+ is shutting down

CNN’s parent company said on Thursday it would shut down CNN+, a streaming service that launched less than a month ago.

Warner Bros. Discovery Inc. announced its streaming service would end April 30. The service – which offers live news, original series and interactive features – launched on March 29.

“In a complex streaming market, consumers want simplicity and an all-inclusive service that offers a better experience and more value than standalone services, and for the company, a business model.” more sustainable business to drive our future investments in big journalism and storytelling,” said JB Perrette, president of global streaming at Warner Bros. Discovery, said in a statement.

“We have very exciting opportunities ahead in the streaming space, and CNN, one of the world’s leading prestige properties, will play an important role there,” the statement said.

CNN+ leader Andrew Morse is leaving Warner Bros. Discovery, the company said.

CNN is a division of Warner Bros. Discovery Inc.

The company says customers who signed up for the CNN+ streaming service will receive a prorated refund.

ADJUSTED (April 21, 2022, 1:13 p.m. ET): An earlier version of this article misspelled the last name of the president of global streaming at Warner Bros. Discovery. He’s JB Perrette, not Perette.

at Blogtuan.info – Source: nbcnews.com – Read the original article here