CNN is undergoing significant changes, including laying off around 200 staff members—approximately 6% of its workforce—and planning to launch a new streaming service. CEO Mark Thompson notes this is in response to enduring shifts in how audiences globally consume news content. Although the new service follows the disappointing performance of CNN+, it aims to meet an expressed demand for digital news streaming. Currently, some shows are accessible on the parent company Warner Bros. Discovery's Max, but this new offering would be aimed at dedicated CNN subscribers.
CNN is laying off around 200 employees, about six percent of its workforce, as part of a response to shifts in news consumption.
CEO Mark Thompson announced plans for a new streaming service, citing immense demand for digital news programming both in the U.S. and globally.
Despite launching a subscription to CNN.com, CNN confronts challenges with new streaming efforts following the failure of CNN+.
Thompson highlighted that the company's strategy will adapt to profound changes in audience behavior regarding news consumption.
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