CNN+, touted as one of the most significant developments in CNN history, has been shuttered after a month.
“It also is not a reflection of the quality of the talent and content of CNN+, some of which will migrate to CNN’s programming or some of the company’s other networks,” wrote Licht. “The process for making those decisions is already underway and we will communicate to those affected as quickly as possible.”
This decision is in line with WBD's broader direct-to-consumer strategy. In a complex streaming market, consumers want simplicity and an all-in service, which provides a better experience and more value than stand-alone offerings. But most importantly, we are committed to making the transition as smooth as possible for our CNN+ colleagues. As part of the transition plan, all CNN+ employees will continue to be paid and receive benefits for the next 90 days to explore opportunities at CNN, CNN Digital and elsewhere in the Warner Bros. Discovery family. At the end of that period, any departing CNN+ employee will receive a minimum of six-month severance .
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