CNN+ Streaming Service Is Shutting Down, Less Than a Month After Launch

fiscal second-quarter earnings conference call Wednesday afternoon, an investor asked CEO Bob Chapek what was holding the company back from expanding it as an all-in-one service. Chapek said that Disney is trying to preserve the “huge” cash flow generated by its linear networks before jumping into a direct to consumer (DTC) decision like that.“At the same time, we’re very conscious of our ability to go more aggressively into the [direct to consumer] area of ESPN,” said Chapek.

EXCLUSIVE: Shudder, AMC Networks’ streaming service for horror, and RLJE Films, a business unit of AMC Networks, have partnered on the newest Shudder Original Film, Destroy All Neighbors. From music-video and commercial director Josh Forbes and starring Jonah Ray Rodrigues (Mystery Science Theater 3000) and Alex Winter (Bill and Ted franchise) who also produce.

Todd Spangler NY Digital EditorTelevisaUnivision reached a deal with Hemisphere Media Group to acquire Pantaya, a U.S. streaming platform for Spanish-language movies and TV series, picking up the rival streamer to bolster the ViX service.The companies didn’t disclose a value for the Pantaya deal.

social media channels.A Mountain of Entertainment. Launches 22nd June.

More than two years into its run at Fox Corp., Tubi is ramping up in original programming, planning 100 new film and TV titles over the next year as viewership continues to rise.

Happy Endings was only on the air for three seasons, but Elisha Cuthbert is thankful that the sitcom even reached that milestone.

exit from the upcoming spinoff about her character’s friendship with fellow fan favorite Daryl Dixon (Norman Reedus).“Some of you have gone WAY too far,” Morgan wrote on Twitter Thursday. “TOXIC. Attacking norm for crap he has NOTHING to do with? Melissa made a call that was hers alone.

i news on Wednesday in which she wrote, “The competition for eyeballs is fiercer than ever – and we’ve got to ensure British broadcasters can hold their own in this fight.”She notes that the rise of “American streaming giants” over the last year has left linear channels such as the BBC and ITV with 20% less viewers. Her office has published a broadcasting white paper that would impose content regulations on U.S.

Todd Spangler NY Digital EditorComcast and Charter Communications, the two biggest cable operators in the U.S., are joining forces in the streaming wars.The two companies on Wednesday announced a 50-50 joint venture to develop and offer a next-generation streaming platform on a variety of branded 4K streaming devices and smart TVs to reach customers in major markets across the country with the platform.Comcast will license Flex, its aggregated streaming platform and hardware to the JV, contribute the retail business for XClass TVs, and contribute Xumo, the free, ad-supported streaming service it acquired in 2020. Charter will make an initial contribution of $900 million, funded over multiple years.The XClass TVs will be available through national retail partners and potentially direct from Comcast and Charter to provide more customer choice.

Gigi Hadid showcased her sartorial prowess as she celebrated her 27th birthday in New York City on Saturday. The supermodel arrived at private members club Zero Bond dressed in an all-white look by Dion Lee, an Australian designer known for mixing technical fabrics with both traditional and sculptural tailoring.

Todd Spangler NY Digital EditorHulu was apparently experiencing broad technical difficulties Thursday, as many users spanning the U.S. complained about problems streaming video and accessing the Hulu app.User reports of issues with Hulu began to spike around 8 p.m.

CNN's brand-new streaming service, CNN+, is shutting down only a month after launch.In a Thursday memo, incoming CNN chief executive Chris Licht said the service would shut down at the end of April.CNN+ launched when its parent was still part of AT&T. It combined with Discovery earlier this month in a new company, Warner Bros.

Disney’s focus on genre fans and programming makes Disney+ 30% more valuable than average streaming services, according to Fandom’s “State of Streaming” report.

Snoop Dogg has announced plans to launch a new streaming service just for music released by the Death Row record label, which he took full control of earlier this year. This follows the removal of the label’s music from other streaming services once that deal was completed.Speaking on the latest episode of the ‘Drink Champs’ podcast, the rapper says: “First thing I did was snatch all the music off those platforms traditionally known to people, because those platforms don’t pay.

When several marquee albums from Death Row's catalog were pulled from digital streaming platforms last month, there was speculation that Snoop Dogg might be preparing to take the label in a new direction after acquiring it in February. In a recent appearance on Drink Champs, Snoop explained his reasoning behind removing the albums from DSPs. "First thing I did was snatch all the music off those platforms traditionally known to people, because those platforms don't pay," he began.

Jem Aswad Senior Music EditorThe France-based streaming service Deezer, which has a relatively low profile in the U.S. but is one of the world’s largest streamers, is merging with a special-purpose acquisition company (SPAC) with an eye toward going public at a $1.13 billion valuation, the companies told the Wall Street Journal.Deezer, which launched in 2007, is merging with Paris-listed I2PO SA.

Travis Barker is standing up to his haters on social media.