Two weeks after the splashy launch of CNN’s new streaming service CNN+, there are already signs of budget cuts ahead as the service struggles to gain viewership.
An individual with knowledge of the situation told TheWrap that budget trimming is being discussed and will likely affect its non-daily shows at first. While there’s overlap between CNN+ and CNN staffers, layoffs aren’t a consideration at this time, but that will be reevaluated in about three months.
“We continue to be happy with the launch and its progress after only two weeks,” a CNN spokesperson said in a statement provided to TheWrap.