CNN host Brian Stelter tried to save face on Sunday, claiming that CNN+ only failed as a viable streaming service because of the merger of the new owner’s Warner Bros. Discovery.
Yeah, sure. It had nothing to do with people not wanting to pay for CNN's lies, right?
Stelter said, “What a turbulent week for major media companies with CNN, Netflix, Disney and Twitter all left spinning with no stopping in sight. Here at CNN, new ownership decided to shut down the CNN+ streaming service less than a month after it was launched by the previous management team. The u-turn was front-page news, stunning news and painful news for everyone involved. Years of development possibly down the drain. Some of the shows may never be seen. Hundreds of staffers may be laid off, though the company is trying to place many of them in new jobs."
He continued, "Amid these bruising headlines, folks are trying to make sense of it. Some partisans are believing the predictable talking points about politics, but the truth is, this was a corporate move. This CNN+ service was doomed because of the timing of the merger and clashing strategies. The new owner has plans to compline multiple streaming platforms to make one big challenger for Netflix.”
Stelter added, “It’s hard to fathom as a CNN employee worrying about my colleagues being laid off — that this was simply about corporate strategy, but that’s what it was.”
I would say this sucks the most for Chris Wallace who left his cushy position at Fox News for a show on CNN+. I wonder if he will go crawling back and plead for his old position again.
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