Thursday, July 11, 2024

CNN Plans Launch of Digital Product Amid Newsroom Layoffs

CNN is finally gearing up to compete more aggressively in the digital future, where rivals have already staked out ground. The Warner Bros. Discovery-backed news outlet will launch a new subscription product on CNN.com before the end of the year, according to a new memo from CNN Chairman and CEO Mark Thompson, and debut two new free ad-supported digital offerings, one based on CNN's original series and productions, and another based on its Spanish-language service. The moves come amid an overhaul of CNN's newsroom that will result in the elimination of 100 positions.

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The maneuver is crucial. Unlike many of its rivals, CNN has yet to develop a sustainable digital-video product. And while it experiments, competitors NBC News, CBS News, ABC News and Fox News have launched content offerings that can be found everywhere from Amazon's Fire portal to YouTube.

Comments

So they're starting to get ready to begin to commence ... something?

#1 | Posted by Doc_Sarvis at 2024-07-12 07:19 AM

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