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CNN plans to launch paid streaming service, cut 100 jobs
CNN plans to launch paid streaming service, cut 100 jobs
Business and Economy
by  AFP

CNN, which has struggled amid the decline of the US cable broadcasting industry, plans to launch a new paid streaming service and to cut about 100 jobs, the company's CEO said Wednesday. CNN had unveiled a short-lived for-pay streaming service in 2022 before quickly pulling the plug due to the merger between CNN parent company WarnerMedia and Discovery.