#CNN+ shutdown leaves axed staffers ‘aghast and furious’

Admin4 years ago010 mins

“CNN+ shutdown leaves axed staffers ‘aghast and furious’” The shocking announcement that CNN+ would be shutting down operations less than a month after it launched has left out-of-work staffers “aghast and furious” over the company’s handling of what sources inside the network call “an absolute debacle.” “This is f–king crazy, it is nuts,” a CNN…

#HBO grows to 76.8M subs, WarnerMedia profit slows due to CNN+

Admin4 years ago06 mins

“HBO grows to 76.8M subs, WarnerMedia profit slows due to CNN+” WarnerMedia’s HBO and HBO Max added 3 million users for a total of 76.8 million subscribers at the end of the first quarter — but steep investments in streaming services including the flopped CNN+ took a bite out of profits. WarnerMedia’s subscriber bump —…

#CNN+ facing steep cost cuts as new management takes helm

Admin4 years ago05 mins

“CNN+ facing steep cost cuts as new management takes helm” CNN’s new streaming service CNN+ is under review by incoming corporate parent Warner Bros. Discovery as it looks to cut costs and reorganize the company, sources told The Post. Warner Bros. Discovery, which formed last week out of the merger between Discovery and WarnerMedia, is…

#David Zaslav wants to set CNN apart from ‘advocacy networks’

Admin4 years ago08 mins

“David Zaslav wants to set CNN apart from ‘advocacy networks’” Warner Bros. Discovery boss David Zaslav wants CNN to focus on the facts and set itself apart from a cable-news industry that he says is monopolized by “advocacy networks.” Zaslav, who took the helm of the new company this week, wasted no time laying out…

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#Warner Bros. Discovery to Be Company’s New Name After Merger – /Film

Admin5 years ago05 mins

“#Warner Bros. Discovery to Be Company’s New Name After Merger – /Film” The era of corporate consolidation continues in Hollywood, with AT&T announcing last month the intention of a merger between WarnerMedia and Discovery. There are still lots of questions about what that new entity is going to look like (whether HBO Max and Discovery+…