Warner Bros and Discovery Media is expected to announce Thursday the cancelation of CNN+ just weeks after the platform launched.
Spokespersons for CNN and Warner Bros. Discovery could not be reached for immediate comment.
Chris Licht, the incoming CEO of CNN, sent a memo to staffers Thursday morning about “an important meeting” to be held at noon, and is at that time expected to inform employees about the decision, these people said. Licht has already told Andrew Morse, the CNN executive vice president who oversees the newly-launched streaming-video outlet, of the decision, these people said. Morse could not be reached for immediate comment.
More to come…