Warner Bros. Discovery Inc. is shutting down CNN+, its month-old streaming service, according to a person with knowledge of the matter.The service eclipsed 100,000 subscribers in its first week, Bloomberg News reported last week, but ultimately succumbed to cost cutting by the media company’s new management.When it was owned by AT&T Inc., CNN spent hundreds of millions of dollars to program and market the service, which executives described as the news organization’s most ambitious new venture since the founding of the network more than 40 years ago.
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