CNN shuts down CNN Plus after one month of launch

CNN's brand-new streaming service, CNN+, is shutting down only a month after launch. In a memo circulated informing employees, incoming CNN chief executive Chris Licht said the service would shut down at the end of April.

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Subscription numbers for CNN Plus are not publicly available but reports indicate that fewer than 10,000 people were using CNN Plus daily. Subscriptions to the platform cost $6 per month or $60 per year. Customers will receive prorated refunds, according to CNN.

The company’s risky bet of asking people to pay a subscription for live and on-demand news programming and other content failed. Competitive streaming landscape, saw streaming giant Netflix lose 200,000 subscribers as well in the first three months of the year.

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Licht, said some CNN+ content will wind up on other company networks, and the streaming service's employees will get opportunities to apply for jobs elsewhere inside Warner Bros. Discovery. The head of CNN+, Andrew Morse, is leaving the company.