NEW YORK CITY, AP – CNN’s brand-new streaming service, CNN+, is shutting down only a month after launch.
In a memo on Thursday, incoming CNN chief executive Chris Licht said the service would shut down at the end of April.
CNN+ launched when its parent was still part of AT&T.
It combined with Discovery earlier this month in a new company, Warner Bros Discovery, under Discovery CEO David Zaslav, who had his own vision for CNN and its Warner siblings.
In his memo, Licht said consumers wanted “simplicity and an all-in service” rather than “stand-alone offerings”.
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Discovery had previously suggested that it wanted to merge the new company’s separate streaming services, which include Discovery+ and HBO Max, into a single app.
Licht said some CNN+ content will wind up on other company networks, and the streaming service’s employees will get opportunities to apply for jobs elsewhere inside Warner Bros Discovery.
The head of CNN+, Andrew Morse, is leaving the company.
“While today’s decision is incredibly difficult, it is the right one for the long-term success of CNN. It allows us to refocus resources on the core products that drive our singular focus: further enhancing CNN’s journalism and its reputation as a global news leader,” Licht wrote.
Under AT&T, there were $US100 million ($A134 million) in development costs and 500 employees assigned to building out CNN+.
