Article

2022-04-20 -Short Attention Span Theater-

[Axios] Warner Bros. Discovery has suspended all external marketing spend for CNN+ and has laid off CNN's longtime chief financial officer as it weighs what to do with the subscription streaming service moving forward, five sources tell Axios.

Why it matters: Inside CNN, executives think the launch has been successful. Discovery executives disagree.

CNN+ has roughly 150,000 subscribers so far.

Warner Bros. Discovery wants to eventually build one giant service around HBO Max.

New leadership has replaced CNN CFO Brad Ferrer with Neil Chugani, Discovery's current CFO for streaming and international, as part of a broader finance team restructuring.

Other high-level positions at WarnerMedia across different business functions are likely to be eliminated to cut costs and streamline leadership in coming weeks.

What to watch: Sources say a plan is being considered to replace Chris Cuomo's 9:00pm EST primetime slot with a live newscast, instead of personality-driven perspective programming.

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Posted by badanov 2022-04-20 00:00|| || Front Page|| [11127 views ] Top

#1 CNN "Doomed?" Are the US Postal Service, USDA, IRS, and CDC also.... "Doomed?"

Posted by Besoeker 2022-04-20 01:53|| 2022-04-20 01:53|| Front Page Top

#2 Can't wait to see what lib outfit picks up Chritthy's contract in the classic lib insider soft-landing maneuver.

Posted by M. Murcek 2022-04-20 07:43|| 2022-04-20 07:43|| Front Page Top

#3 ...I sincerely hope that this is the first of many occasions in the near future where CNN - not only Plus, but Headline and Regular - is introduced to reality.

Mike

Posted by Mike Kozlowski 2022-04-20 08:18|| 2022-04-20 08:18|| Front Page Top

#4 well if CNN + doesn't work, maybe CNN Max will work

Posted by Lord Garth 2022-04-20 08:34|| 2022-04-20 08:34|| Front Page Top

#5

I guess even Liberals viewers won't put up with being FLIMFLAMMED, Told Lies and FAKE NEWS & COMMENT. CNN+ is no different

Posted by NN2N1 2022-04-20 08:37|| 2022-04-20 08:37|| Front Page Top

#6 All this subscription stuff is tanking. NetFlix lost 20% of its stock value yesterday on bad performance and worse forward guidance and the market shrugged it off. The left's conscious decision to precipitate the current economic malaise via COVID is a miscalculation. Once people start shopping for value, they apply that ideation to stuff besides consumer goods. You know, like what media they consume, what politicians they vote for.

Stuff like that. Interesting times ahead.

Posted by M. Murcek 2022-04-20 08:42|| 2022-04-20 08:42|| Front Page Top

#7 We just got hit with a $1.00 Netflix increase and will likely drop them in June/July after we have viewed the shows we wanted.

Why Netflix?
ONLY because they have a few streams we can't get via CINEMA-HD.
(the Japanese/ Korean/Taiwan movies and TV dramas)

Posted by NN2N1 2022-04-20 10:58|| 2022-04-20 10:58|| Front Page Top

#8 Gonna miss "He's Expecting."

Posted by swksvolFF 2022-04-20 11:48|| 2022-04-20 11:48|| Front Page Top

#9 Why Netflix? Because you want to donate to Obama?

Posted by Woodrow 2022-04-20 17:12|| 2022-04-20 17:12|| Front Page Top

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