Is CNN’s New Streaming Service Failing Just Days After Launching?

CNN launched its new streaming service CNN Plus this week and there are already signs that it is struggling.

It’s not surprising. CNN struggles to get viewers for their news channel, who would want to pay extra for their streaming service?

There are already rumors of layoffs.

The Daily Mail reports:

CNN refuses to deny report that there will be job cuts as soon as May at CNN+ due to low subscriptions just a day after the streaming service launched

CNN refused to deny a report that the company is bracing for layoffs as soon as May due to subpar subscription signups for its brand new CNN+ streaming service.

POLL: Do You Think Trump Was The Real Winner Of The Election?

Completing this poll entitles you to ProTrumpNews updates free of charge. You may opt out at anytime with a single click. Here's the Privacy Policy.

Fox Business Network’s Charles Gasparino reported on Wednesday that CNN+, a $120 million venture that launched yesterday, is already failing and may not survive on its own for much longer.

‘CNN + 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 Discovery+ as early as May unless subscriptions pick up,’ Gasparino wrote on Twitter.

CNN officials rebuked statements that the launch of their streaming service was unsuccessful, but did not provide information oh how many subscribers CNN+ currently has nor deny that possible layoffs were in store in the near future.

Trending: Joe Biden Is Quietly Lowering Expectations For Democrats In The Midterms

‘We are very happy with the launch of CNN+ and look forward to its long success ahead,’ a CNN spokesperson told

See the tweets below:

We will know the truth if CNN Plus is still around in a few months.


Join the conversation!

We have no tolerance for comments containing violence, racism, profanity, vulgarity, doxing, or discourteous behavior. If a comment is spam, instead of replying to it please hover over that comment, click the ∨ icon, and mark it as spam. Thank you for partnering with us to maintain fruitful conversation.