Another CNN streaming service is coming, because that totally worked last time
CNN is laying off more employees and making plans to launch another streaming service, according to a memo from CEO Mark Thompson obtained by The Hollywood Reporter. Around 200 employees jobs are being cut, affecting six percent of CNN's current staff.<br /> The changes are being made in response to "profound and irreversible shifts in the way audiences in America and around the world consume news," according to Thompson. Launching a new streaming service after the abject failure of CNN+ — the former streaming home of Stanley Tucci: Searching for Italy — is apparently tied to that same thinking. <br /> According to Thompson:<br /> Today, I can announce that we plan to develop a new way for digital subscribers at home and abroad to stream news program [...]
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