CNN’s new owner says it will close the US-based news channel’s streaming service just a month after it launched. CNN+ was launched on 29 March in an attempt to bring in revenues from news streaming subscriptions. The company spent as much as $300m on developing the service but it got off to a slow start, attracting just 10,000 viewers a day, according to reports. Earlier this month, Warner Bros Discovery became CNN’s parent company with the completion of the merger of media company Discovery and telecom giant AT&T. Has the global cost of living gone so high until people cannot afford other services ?

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