Wednesday, May 25, 2022 - 15:48:57
11 results - (0.006 seconds)

the streaming service CNN:

Contact Newsletter-online.com: [NewsMag]

latest news at page 1:
1
    CNN+ anchor Chris Wallace said Sunday he does not know what the future holds for him following the short-lived streaming platform announcing its shutdown, but said he is in “good shape whether it’s at CNN or someplace else.” During a Common Ground Committee livestreamed event on “Media, Politics, and Polarization,” former CBS News correspondent and moderator Jacqueline Adams brought up the “elephant in the room.” “Are there already enough choices for news sources out there and are the days of streaming already over?” she asked after noting CNN+’s demise. “Wow that was quick,” Wallace remarked. “It’s an interesting thing and I’ve been a victim of all of this in the last week.” He went on to say that when he came to CNN+, “smart people” such as Jeff Zucker touted streaming as the future of news, since people aren’t “getting these big, expensive 50-channel cable deals anymore.” “The idea was you’ve got to get a foothold in the streaming world because that’s where the future of news off the mainstream networks is going to be,” Wallace continued. “Now you have some equally smart people that...
    In this article WBDExecutive producer Chris Licht of the television show Our Cartoon President speaks onstage during the CBS/Showtime portion of the 2018 Winter Television Critics Association Press Tour at The Langham Huntington, Pasadena on January 6, 2018 in Pasadena, California.Frederick M. Brown | Getty ImagesChris Licht wasn't supposed to start his new job as CNN's chief until May. But on Thursday he found himself addressing about 400 full-time CNN+ staffers, some in person and some through a remote video feed. Hundreds of other CNN employees had gotten hold of the remote link, which was passed around from person to person, to hear what their new boss had to say. The purpose of Licht's introductory speech to many employees wasn't what he'd expected when he agreed to take over for Jeff Zucker earlier this year. Licht told employees the project they'd been working on for the past six to nine months, the subscription streaming service CNN+, was ending April 30, about a month after its launch. He acknowledged that many would lose their jobs. Licht, who officially starts May 2,...
    CNN host Brian Stelter claimed Sunday on “Reliable Sources” that the failed attempt to make CNN+ a viable streaming service was because of the merger of the new owner’s Warner Bros. Discovery. Stelter said, “What a turbulent week for major media companies with CNN, Netflix, Disney and Twitter all left spinning with no stopping in sight. Here at CNN, new ownership decided to shut down the CNN+ streaming service less than a month after it was launched by the previous management team. The u-turn was front-page news, stunning news and painful news for everyone involved. Years of development possibly down the drain. Some of the shows may never be seen. Hundreds of staffers may be laid off, though the company is trying to place many of them in new jobs. Amid these bruising headlines, folks are trying to make sense of it. Some partisans are believing the predictable talking points about politics, but the truth is, this was a corporate move. This CNN+ service was doomed because of the timing of the merger and clashing strategies. The new owner has...
    NEW YORK (AP) — The Edsel. Quibi. New Coke. The Segway. DeLorean sports cars. The pantheon of colossal business failures has a new member in the CNN+ streaming service. The news network’s subscription offering hadn’t even been operating for a month before Warner Bros. Discovery announced this week that it would be shutting down on April 30. “It’s going to be in the Top 10,” said Steve Rosenbaum, executive director of the NYC Media Lab and an expert in business innovation, surveying the lengthy history of products that went belly-up. While “CNN minus” comments quickly proliferated, it’s no joke to the more than 300 people hired for CNN+, which was in development for two years. CNN is expected to absorb some of those jobs but there will be layoffs — a clear picture on those numbers is still emerging. The company spent hundreds of millions of dollars on the project and no one knew when, or if, losses would be replaced by profits. Old-timers remember the Edsel, a new car model introduced by Ford in 1957 that was poorly made...
    Fox News’ Brian Kilmeade danced on the grave of CNN+ and took a shot at Brian Stelter in the process on Thursday night. While guest-hosting Jesse Watters Primetime, Kilmeade joined a chorus of Fox hosts who spent the day rubbing salt in the wounds of the rival network’s streaming service. “You heard that old saying, don’t be sad that it’s over, be glad that it happened — even if it didn’t happen for all that long,” Kilmeade chided. He noted CNN+ launched weeks ago to “much fanfare,” but will close shop at the end of April. “Even Tom Brady’s retirement lasted longer than CNN+” Kilmeade added. The host then pivoted to a montage of Stelter seemingly offering an autopsy of the ill-fated CNN streaming platform. “Streaming is a mature business, and I think Wall Street, some investors, have been in denial about that, but the warning signs have been here for a couple of years,” Stelter said. “I think consumers always want options,” he added. “People want more options… There is overabundance of content, which in some ways is great...
    Noam Galai/Getty Images Twitter immediately erupted following news that CNN+ is set to shut down just one month after its launch. While many celebrated the fall of CNN’s streaming service, others lamented that journalists and others in media would lose their jobs. CNN+ was launched at the end of March and included an impressive roster of CNN hosts, including Chris Wallace and Anderson Cooper, who created original content that was unique from CNN. While a massive marketing budget was poured into the subscription-based streaming service, CNN+ was reportedly struggling to attract viewers, prompting Warner Bros. Discovery to shut it down. Many predicted the fall of CNN+ plus, as those who subscribed to the platform would not have access to the actual network due to exclusivity deals between cable providers and CNN’s parent company Warner Bros. Discovery. Despite predicting its fall, the swift shuttering of the service stunned the cable news world, many taking to Twitter to either mock or mourn the news: CNN+ didn’t even last as long as Jeffrey Toobin during a Zoom meeting — Jordan Chamberlain (@jordylancaster) April...
    CNN+ is soon to be a memory, even though it debuted only weeks ago and, at that time, then-WarnerMedia CEO Jason Kilar claimed the streaming service was exceeding expectations, despite reports suggesting the contrary. “It’s ahead of my expectations in terms of where the subscribers are, the engagement [is], the receptiveness that we’re getting in terms of people’s response to the journalists of CNN+,” Kilar, the then-outgoing WarnerMedia CEO, said in an April 5 interview with CNBC’s TechCheck, adding that he could not be “more proud” of those behind the service. A CNN statement to Mediaite at the time also denied reports about subscriber growth struggles and claimed the performance was already “well ahead of expectations” only days after the launch. Kilar also called CNN+ the “future of CNN,” a bold statement considering subscriber growth had already been described as “small” in a Business Insider report since the streaming service debuted on March 29, with new shows from media personalities like Chris Wallace, as well as familiar CNN hosts like Brian Stelter and Wolf Blitzer. A later CNBC...
    New York (CNN Business)CNN+, the streaming service that was hyped as one of the most signifiant developments in the history of CNN, will shut down on April 30, just one month after it launched.The decision was made by new management after CNN's former parent company, WarnerMedia, merged with Discovery to form Warner Bros. Discovery.David Zaslav, the chief executive of Warner Bros. Discovery, has said that he wants to house all of the company's brands under one streaming service. Some CNN+ programming may eventually live on through that service.
    The struggling news streaming service CNN+ appears doomed as bosses at its newly formed parent company slash its marketing budget and consider rolling the infant service into HBO Max, according to a new report. CNN parent company Warner Bros. Discovery, which formed through a merger earlier this month, has slashed all external marketing spending for the fledgling CNN+ service, Axios reported on Tuesday.  And as WBD moves to cut up to $3 billion in costs by eliminating redundancies in the newly combined company, CNN's chief financial officer Brad Ferrer has also been ousted and further high-level positions are on the chopping block, the outlet reported. A spokeswoman for CNN+ did not immediately respond to an inquiry from DailyMail.com on Tuesday evening. CNN chief financial officer Brad Ferrer (left) has reportedly been ousted in a cost-cutting move as Warner Bros Discovery CEO David Zaslav (right) restructures the newly combined company Streaming service CNN+ appears doomed as bosses at its newly formed parent company slash its marketing budget and consider rolling the infant service into HBO Max CNN+ launched on March 29, just weeks...
    CNN refused to deny a report that the company is bracing for layoffs as soon as May due to subpar subscription signups for its brand new CNN+ streaming service. Fox Business News' Charles Gasparino reported on Wednesday that CNN+, a $120 million venture that launched yesterday, is already failing and may not survive on its own for much longer.  'CNN + employees bracing for layoffs possibly as soon as May amid projections of lackluster sales of new streaming channel; CNN employees say new streaming channel could be merged into larger Discovery+ as early as May unless subscriptions pick up,' Gasparino wrote on Twitter.  CNN officials rebuked statements that the launch of their streaming service was unsuccessful, but did not provide information oh how many subscribers CNN+ currently has nor deny that possible layoffs were in store in the near future. 'We are very happy with the launch of CNN+ and look forward to its long success ahead,' a CNN spokesperson told DailyMail.com.  Fox Business News' Charles Gasparino reported on Wednesday that CNN+, a $120 million venture that launched yesterday, is already...
    New York (CNN Business)On Tuesday CNN is introducing CNN+, a subscription streaming service that combines live news coverage, on-demand programming and interactive interviews.CNN's goal is to establish closer relationships with news consumers — the same way Netflix (NFLX) and HBO Max have done in entertainment. It has hired hundreds of people and developed dozens of shows for this new platform. Analysts say it is the most ambitious streaming news venture to date in the United States. "We are going to be the only global video-driven news subscription business," CNN chief digital officer and head of CNN+ Andrew Morse said in an interview.The big three broadcast news divisions -- ABC, NBC and CBS -- have streaming channels that are free and ad-supported, but have far less content. MSNBC repurposes some of its programs on NBCUniversal's subscription service, Peacock, while Fox News sells a streamer that focuses on entertainment and right-wing talk, not news.Read MoreCNN+ is distinct from all of those. Still, the service faces headwinds, including looming management changes and outside skepticism about the service's prospects."News is additive. It's habit forming....
1