CNN+ Shutting Down... Barely A Month After Its Launch

Move over, Quibi, we've got a new champion for the biggest flop of the streaming era...

CNN announced on Thursday that its CNN+ streaming service would shut down on April 30th -- barely a month after its launch on March 29th!

CNN Shuts Down Streaming Service CNN+ Three Weeks After Launch

Photo: Getty Images

It's a huge loss for CNN, which reportedly sunk over $100 million into launching the service, bringing in celebrities like Eva Longoria and Chris Wallace and adding new shows for personalities like Anderson Cooper and Jake Tapper.

In a memo, network president Chris Licht wrote "While today's decision is incredibly difficult, it is the right one for the long-term success of CNN".

Read more on MarketWatch.

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