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As cord-cutting accelerates, CNN lays off 200 employees while investing $70 million into subscription-driven digital products.
The metered paywall aims to convert frequent readers into paying subscribers as part of CEO Mark Thompson’s broader strategy to boost profitability.
CNN melts down, Netflix sees a subscription spike after cracking down on password sharing, and Twitch screws up with new rules.
Yesterday CNN CEO Chris Licht announced hundreds of employee layoffs are coming.
Spotify tests selling concert tickets, CNN has a home for its Originals, and Microsoft accuses Sony of blocking them.
Top subscription apps grew 41% in 2021, more PlayStation Spartacus rumors surface, anime services Crunchyroll and Funimation merge.
CNN will launch CNN+, a streaming subscription service, in early 2022. The service will feature live and on-demand content.
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