The reality of their collapse is starting to set in at CNN.
A new report from Axios outlines the massive failure that was CNN+. CNN+ was shut down only a month after it launched due to the low subscriber numbers.
It was so bad that even executives at Discovery have mocked it.
The new report also outlines that since CNN+’s collapse morale at CNN is low.
Inside the chaotic collapse of CNN+https://t.co/eQCXfKzpNV
— Trump War Room (@TrumpWarRoom) April 27, 2022
About 350 of the 700 people that work for CNN+ will be laid off with pay and benefits for the next 90 days. After that, any employee that doesn’t find a new role with the network will be granted at least six months’ severance.
WarnerMedia has been under a hiring freeze for weeks leading up to the deal. Sources say that the hiring freeze will end this week, allowing CNN+ employees to apply to the roughly 100 open roles at CNN, many on editorial.
Backend talent, including engineers and designers, will be able to apply for the hundreds of backend roles supporting the streaming efforts at the newly-combined company.
Morale at CNN is low. A Discovery executive referring to CNN+ as “CNN minus” particularly rubbed people the wrong way, a source told Axios.
The Palmieri Report is a Pro-America News Outlet founded by Jacob Palmieri. The Palmieri Report is dedicated to giving people the truth so that they can form their own informed political opinions.
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