The struggling news streaming service + appears doomed as bosses at its newly formed parent company slash its marketing budget and consider rolling the infant service into Max, according to a new report.CNN parent company Warner Bros. Discovery, which formed through a merger earlier this month, has slashed all external marketing spending for the fledgling CNN+ service, reported on Tuesday. And as WBD moves to cut up to $3 billion in costs by eliminating redundancies in the newly combined company, CNN's chief financial officer Brad Ferrer has also been ousted and further high-level positions are on the chopping block, the outlet reported.
Load More
Load More