CNN refuses to deny report that there will be job cuts as soon as May at CNN+ due to low subscriptions just a day after the streaming service launched

• CNN officials did not deny that possible layoffs were in store in the near future following the launch of its new CNN+ streaming services
• A Fox Business Network reporter claimed the company was bracing for job cuts because CNN+, which launched on Tuesday, was already failing
• The $120 million venture features daily news programming, original series, true crime shows and food and travel docuseries
• CNN had snagged big names like Fox News’ Chris Wallace, MSNBC’s Kasie Hunt, and actress Eva Longoria to host new shows on the platform
• Media streaming experts say CNN+ will need to attract between 500,000 to 1 million subscribers within its first year to claim success

https://www.dailymail.co.uk/news/article-10670675/CNN-refuses-deny-report-job-cuts-CNN-low-subscriptions.html