This chart would possibly clarify why CNN Plus shut down early


CNN Shuts Down Streaming Service CNN+ Three Weeks After Launch
Picture by Spencer Platt/Getty Pictures

Now that CNN has made the choice to close down its new streaming child CNN Plus lower than a month after it went dwell, you may be questioning what went incorrect. A report from Axios has a chart that exhibits the streaming service was removed from reaching its projected year-end viewership purpose, and would have burned via $400 million in 2022 alone to attempt to get there.

CNN projected that the service would have two million subscribers by the tip of the yr, however round two weeks later, they discovered they’d solely managed to draw 150,000 folks. At first, this doesn’t sound too dangerous, however contemplating companies like Disney Plus had 10 million subscribers in its first day — and that Quibi, which was equally shut down early in life, noticed 910,000 folks…

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