We need a general tweet of the day thread
Comments
-
That had to make @MelloDawg cry. Big meanie interrupting his god Klaus Schwab's address.LoneStarDawg said:
-
-
-
They just need more time to get their liars in there.WestlinnDuck said:This is CNN. I've said leftards don't do economics. They don't do real news either. They should have just put the money in a pile and burned it.
https://ace.mu.nu/
CNN Plus Was "Projected" to Garner 2 Million Subscribers In Its First Year;
Actual Current Users Per Day: Ten Thousand.
—Ace
CNN Plus more like CNN Minus am i right
That's 10,000 total users per day.
For comparison, David French's wife has 40,000 users per day and she's totally uncute.
As a friend points out, most of their "subscriptions" at this point are probably free promotional ones.
13 CNN+, the CNN of news networks. Posted by: Dr Spank
They're bracing for layoffs.
And they just started up like a week ago.
Investment and projections for CNN+ are expected to be cut dramatically in response to a low adoption rate, two sources tell Axios.
By the numbers: The news giant was initially planning to invest around $1 billion in the service over the next four years.
Hundreds of millions of dollars are expected to be cut from that original investment total.
To date, around $300 million has been spent on the subscription service, which includes a sizable marketing investment.
The new company's leadership team still has yet to decide the ultimate fate of CNN+. CNN's new boss, Chris Licht, will start May 1.
Details: CNN executives, with help from consulting firm McKinsey, originally expected to bring in around 2 million subscribers in the U.S. in the service's first year and 15-18 million after four years.
They originally planned for the service to break even after four years.
Axios reports that CNN will start offering clips or something on the free channel Roku (for cord-cutters; it's the box I have).
They say that that will drive subscribers to CNN Minus.
Um, why? Why would that happen? Why would someone seeing some clips of CNN on Roku decide to pay money for CNN Minus? People see CNN on regular cable and are not tempted at all to subscribe to CNN Minus.
More from CNBC:
Fewer than 10,000 people are using CNN+ on a daily basis two weeks into its existence, according to people familiar with the matter.
The people spoke with CNBC on the condition of anonymity in order to discuss nonpublic data.
I've got more bad news for CNN Minus: The people leaking this are probably the new management of Discovery/Warner.
They are probably leaking this to justify the brutal layoffs (or complete shut-down) to come. -
-
-
-
-
