The demise of CNN+ has led to further questions about the role of cable companies in the streaming era.
The soon-to-vanish platform, once hailed as one of the most significant launches in the legacy media business, will shut down on April 30 — just one month after its launch.
The news arrived shortly after David Zaslav’s takeover, with the newly formed Warner Bros. Discovery (WBD) making it abundantly clear that the venture’s reported four-year budget of $1 billion was not worth the cost.
So…
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