CNN+ Quickly Collapses. Network May Be Changing Direction, Toward Truth

English has no word for it, but German does. Schadenfreude. It’s taking pleasure in another’s misfortune. And no one can blame conservatives if they are delighted at the warp speed demise of the new CNN+ streaming service.

As so many pundits have said, why would CNN executives believe people would pay to see more of what they already weren’t watching for free? Apparently, they won’t.

The Daily Mail is reporting, CNN+’s “newly formed parent company” is yanking the struggling sapling out by its roots. Axios has reported Warner Bros. Discovery (WBD), a recent merger that forms CNN’s parent company, “has slashed all external marketing spending for the fledgling CNN+ service.”

WBD will reportedly scrap corporate “redundancies” by cutting an estimated $3 billion in expenditures. They’re also sacking Brad Ferrer, CNN’s chief financial officer, and say other “high-level positions are on the chopping block.”

The launch of CNN+ came just weeks before the $43 billion merger that created WBD from WarnerMedia and Discovery. The collapse of CNN+ comes just weeks later. Was the premature move done as a part of a “turf war” so CNN execs could preserve some of their influence and budgets? Some observers think so.

Regardless, it appears the project was doomed from the outset. CNN’s being caught promoting so many Democrat political plots against conservatives has slashed the once venerated news network’s wrists. They’ve been hemorrhaging more viewers as the hoax news dominoes continue to fall.

CNN+ could only attract a pathetic “10,000 daily viewers.” Cutting subscription costs for early signers to “half price for life” got them only 150,000 total subscribers.

But the good news for American news consumers is the belief that WBD executives are considering having CNN return to its “hard news” roots, reducing its “opinion programming.”

The new CNN boss Chris Licht, who replaced Jeff Zucker after his schadenfreude-inducing firing, has hinted at the network’s new direction. Licht wrote to CNN staff, “Our viewers demand the truth from us… Together, we will double-down on what’s working well and quickly eliminate what’s not.”

What’s “working well” will be a short list. “What’s not…” Now, that will take some time.

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