From CNN: CNN+ will shut down at the end of April
New York (CNN Business) CNN+, the streaming service that was hyped as one of the most significant developments in the history of CNN, will shut down on April 30, just one month after it launched.
CNN+ customers “will receive prorated refunds of subscription fees,” the company said.
The decision was made by new management after CNN’s former parent company, WarnerMedia, merged with Discovery to form Warner Bros. Discovery earlier this month.
This was never going to work, not even when CNN was dominant in news and had credibility. I have to wonder who was in the meetings and didn’t put a halt to it. No one wants to pay for the news, and opinion is everywhere. There’s no expertise that’s wroth paying extra for.Report
Probably was someone’s ego project; seemed like a lot of the advertised programming was basically “we like this person so we’re giving them a show.”
I wonder if this is the first streaming-service domino to fall; seems like the field had gotten way too crowded and they were reinventing cable, just, cable where you can choose what to watch whenReport
I think some of them have gotten bought out and/or rebranded. I think CBS / Viacom / Paramount streaming services keep getting reinvented.Report
If they made their library available, it would have been a *MUST HAVE*.
Do you want to see what the news coverage was like on October 13th, 1997? Pull up October 13, 1997 and watch away! Are you doing research? Here’s the news! Are you feeling nostalgic? Give attention to the happy fun segments.
For an additional 25 bucks a month, they’ll show you October 13, 1997 advertisements during the ad breaks. Get a croissanwich! Just 99 cents for a limited time! Dogs Love Trucks!
They’d own the market.Report
They’d create a new market and own that.Report
Remember when everyone was complaining about cable bundling and insisting that a la carte programming would be so much better?Report
I hadn’t thought about that: how are people watching regular CNN post-cable?Report
I was alluding more to the fact that now that we have a la carte streaming services, people want them bundled.
Not sure about CNN. Apparently they have a service called CNNgo that allows you to stream CNN programming on the Internet, but you can only use it if you have a cable subscription.
There’s also the YouTube TV service, which AFAICT is basically cable TV over the Internet, including CNN, and priced accordingly ($65/month).
Finally, I found several sketchy-looking web sites that have a free live CNN stream. I have no idea what’s going on there, as I can’t find an official-looking site hosting the stream. I guess maybe they’re just illegally rebroadcasting CNN on the Internet.Report
Yeah, I get it, and I agree that people are getting sick of paying for multiple streaming services. (At least I have my Netflix stock, and that’s going nowhere but up!) I think in the cable years, a network could last longer without providing content that people wanted to watch. In that sense the current situation is better. That just got me thinking about what the cable equivalent of CNN+ was, and I think that was CNN, and that got me thinking, how do people watch it now, other than in airports? I think InMD might have the right answer though.Report
No one is watching CNN.Report
Unless they’re at an airport and their phone is dead.Report
I was thinking this as well, it seems as though we’re on our way to going full circle. I’m sure this is an overstatement but I wonder if we aren’t currently at peak unbundled, or as far as we can go in the current IP and regulatory environment.Report
When we lost the WWE network was when I knew that it would never be that good ever again.Report
“…hyped as one of the most significant developments in the history of CNN…”
Was it hyped by CNN? Or folks outside the organization?
I’ll confess to having no idea it even existed and, now that I know, being totally unsurprised it seems to have crashed and burned.Report
It was hyped by CNN.Report
Worth noting what no one has, yet, that they’re not shuttering it for lack of subscriptions or whatever, though that perhaps played a role in the decision, but because they got bought out by a company that already has its streaming platforms, and that company wants to integrate CNN into those, which seems like a pretty good idea (though when that will happen, and how much of CNN+’s content will make the move, is yet to be decided, its seems). From the link:
The decision was made by new management after CNN’s former parent company, WarnerMedia, merged with Discovery to form Warner Bros. Discovery earlier this month.
The prior management team’s vision for CNN+ runs counter to Warner Bros. Discovery CEO David Zaslav’s plan to house all of the company’s brands under one streaming service. Some CNN+ programming may eventually live on through that service. Other programming will shift to CNN’s main television network.
Read the article, etc., etc.Report
The New York Times wrote about it.
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I found an article saying that they averaged 9,000 installs per day, although that number may not have held steady. But if they did that for 3 weeks, that’d be 189,000 installs. The service cost $5.99 per month, but there was a 50% off special. Assuming it was a 12-month membership, that works out to about $7 million. If CNN+ cost $300 million, that would be about a -97.7% rate of return. This would be something like if Avengers: Endgame sold 565,000 tickets.Report
I just subscribed to AMCPlus for the obvious reason and will almost certainly cancel it after that’s over. I don’t think I’m unique in that.Report
What is on AMCPlus?Report
the obvious reason
Shudder?Report
(It’s the only way to stream the last season of Better Call Saul.)Report
From yesterday:
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