Did CNN’s New Streaming Platform Already Flop? A Tweet Provides A Clue

[Ptarmigan]

Did CNN’s New Streaming Platform Already Flop? A Tweet Provides A Clue
https://dailycaller.com/2022/03/30/cnn-streaming-platform-flop-two-tweets-clues/

Employees at CNN’s new streaming service, CNN+, are reportedly bracing themselves for layoffs in the upcoming months due to low subscription numbers, Fox Business senior correspondent Charles Gasparino reported Wednesday.

The network announced the launching of their streaming platform Tuesday, but it was soon reported that layoffs could occur as early as May. The channel could also be merged into the platform Discovery Plus unless the number of subscriptions increase, according to Gasparino.

“@CNNplus 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 @discoveryplus as early as May unless subscriptions pick up to 130,” Gasparino tweeted. (RELATED: Trump’s Most Hated Networks See ‘Profound’ Drop In Ratings)

CNN+ is a flop, like CNN is.

[DefiantSix]

Communism - and the Communist "News" Networks spawned by it - fail miserably every time it's tried.

[Drafe Hoblin]

Chris Wallace + ... 

[Ralph Wiggum]

Can you envision the corporate network honchos sitting around 12-18 months ago to hatch this flaming turd? Let's see team, our basic network is hemorrhaging viewers all over the place, so lets create an extra pay service to bring in more eyeballs. Whoever came up with this idea of CNN+ should be fired immediately for being a miserable failure.

[SVPete]

What genius thought charging people for more of what they refused to watch for "free" would be a big money-maker?

[Eupher]

Can you envision the corporate network honchos sitting around 12-18 months ago to hatch this flaming turd? Let's see team, our basic network is hemorrhaging viewers all over the place, so lets create an extra pay service to bring in more eyeballs. Whoever came up with this idea of CNN+ should be fired immediately for being a miserable failure.

Well, Zucker had to have signed off on it -- and he's already gone. His squeeze, too. 

[Ptarmigan]

Big cuts coming for CNN+ after slow start
https://www.axios.com/cnn-plus-cuts-warner-brothers-discovery-1be0ac3a-6952-4af0-b8e2-03dd6ae0839c.html

Investment and projections for CNN+ are expected to be cut dramatically in response to a low adoption rate, two sources tell Axios.

By the numbers: The news giant was initially planning to invest around $1 billion in the service over the next four years.

- Hundreds of millions of dollars are expected to be cut from that original investment total.
- To date, around $300 million has been spent on the subscription service, which includes a sizable marketing investment.
- The new company's leadership team still has yet to decide the ultimate fate of CNN+. CNN's new boss, Chris Licht, will start May 1.

CNN Plus has ran into roadblocks. 

[Ptarmigan]

Eight Things More Popular Than Epic Failure CNN+
https://newsbusters.org/blogs/nb/kevin-tober/curtis-houck/2022/04/14/eight-things-more-popular-epic-failure-cnn

It was revealed on Tuesday that, according to CNBC, CNN+ has fewer than 10,000 active users on the streaming service a scant two weeks since its launch. Add in a report of looming budget cuts and layoffs and CNN and its executives found a way to make the brand even more pathetic and launch something even more of a failure than the parent cable network.

To reiterate the insanity of this entire venture, consider the fact that CNN thought there would be a robust market paying $5.99 a month to watch the likes of Brian Stelter, Chris Wallace, Jemele Hill, and Anderson Cooper when practically nobody watches them on regular cable?

What is more popular than CNN+

To illustrate how small that population truly is, we put together a list of items that are more popular than CNN+:

■  A Kickstarter campaign for potato salad made more money (over $55,000) than CNN+ did from their first month of subscription fees ($2.99/mo discount) from active users

■  In the U.S. alone, 10,386 people died by falling out of bed between 1999 and 2014.

■  An Instagram account called @daily_otis that posts this same picture of a CGI cow every day — and nothing else — has 48,200 followers (as of this blog's publication), which is nearly five times as many followers as CNN+

■  According to Wikipedia, the tiny island of Tuvalu has more residents (11,900) than people who actively use CNN+

■  A YouTube video of paint drying (and that’s it) has more viewers (nearly 1.1 million) than CNN+

■  During Christmas, the North American Aerospace Defense Command (NORAD) handles over 130,000 phone calls from children on the whereabouts of Santa Claus

■  Over 118,000,000 are estimated to be subscribed to play World of Warcraft, a popular video game.

■  In 2016, the Australian Bureau of Statistics found there are "close to 48,000" Jedi in the country

 

[Eupher]

 

Hysterical!

h5