cnn plus

Launched just a month ago, streaming service CNN+ will shut down by April 30 according to Warner Bros. This despite being hailed by CNN executives as the "most significant launch" since the foundation of CNN in 1980. In addition to this development, CNN CEO Christ Licht said in an internal memo that "all CNN+ employees will continue to be paid and receive benefits for the next 90 days to explore opportunities at CNN, CNN Digital and elsewhere in the Warner Bros. Nonetheless, executive vice president and CNN+ head Andrew Morse would reportedly leave the company after the transition period. CNN initially planned to devote USD 1 billion for CNN+ and had already spent at least USD 100 million for the service. If you've been spending a lot of time in front of the TV then there's a big chance that you've encountered a new brand of smartphone and tablet called the O+ (O-Plus). Paramount also plans to buy cable channels such as CNN, TNT, TBS, and Discovery, and add them to its existing TV assets like CBS, MTV, and Comedy Central. Read more in our articles including "CNN+ closes by April 30 after a month in service" and "O+ Plus phones and tablet hits local market".