“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, and, for the company, a more sust…
By Oliver Darcy and Brian Stetler | CNN
“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, and, for the company, a more sustainable business model to drive our future investments in great journalism and storytelling,” Discovery’s streaming boss J.B. Perrette said in a statement.
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.” “It is not your fault that you had the rug pulled out from underneath you,” he said as he vowed to minimize the impacts to staff.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Jack Dorsey slams Brian Stelter, says CNN reporters ‘try to create conflict’Former Twitter CEO Jack Dorsey tangled with CNN personality Brian Stelter — criticizing the network and other prominent media outlets for stoking division in a lengthy tweetstorm Monday night…
Read more »
Watch: Rudy Giuliani revealed as 'The Masked Singer' contestant - CNN VideoThe former New York City mayor and former attorney to former President Donald Trump was unmasked from the Jack in the Box costume, prompting one of the judges to walk off stage.
Read more »