After pouring more than $100 million into CNN Plus, the network giant revealed that it’s shutting the doors on the project at the end of the month. The streaming service didn’t even get to celebrate its one-month birthday. The service had garnered less than 10,000 daily users.
However, CNN isn’t the only one to be facing streaming woes. Netflix announced its bleak Q1 report which stated a loss of 200,000 subscribers – the first time it lost subscribers in more than a decade. And we thought our buffering issues were bad!
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