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Warner Bros. Discovery to Shut Down CNN+ One Month After Debut

  • Executive in charge of project, Andrew Morse, to leave company
  • Customers will receive partial refunds of subscription fees
CNN+ Launch Event
Photographer: Noam Galai/Getty Images
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Warner Bros. Discovery Inc. is shutting down the CNN+ streaming service just a few weeks after its launch, underscoring the determination of a new corporate parent to refine its strategy amid fresh questions about the growth of online video.

In a week where Netflix Inc. reported its first subscriber loss in a decade -- and sent media stocks cascading -- the flameout of CNN+ will add to the growing doubts about the public’s previously unquenchable hunger for streamed films and TV shows. While CNN+ surpassed 100,000 subscribers in its first week, it had hurdles to surmount, including new leaders who have vowed to aggressively cut costs and focus on a single streaming service.