HappyCurmudgeon
Well-Known Member
- Joined
- Feb 9, 2007
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Grand Opening. Grand Closing
CNN+ will shut down at the end of April - CNN
Basically they are blaming on the merger instead of the fact that it was a disaster out the gate with horrible sub numbers. They are on the hook for a lot of big contracts too. Chris Wallace and Kasie Hunt likely didn't come cheap.
CNN+ will shut down at the end of April - CNN
Perrette and incoming CNN CEO Chris Licht notified staffers of the decision in a meeting on Thursday afternoon. Licht bluntly told employees it was a "uniquely shirtty situation."
Hundreds of CNN+ staffers may lose their jobs. Licht said in an internal memo that "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."
Basically they are blaming on the merger instead of the fact that it was a disaster out the gate with horrible sub numbers. They are on the hook for a lot of big contracts too. Chris Wallace and Kasie Hunt likely didn't come cheap.