CNN+ is a minus with viewers: cuts to follow

You get more people on the roof of a bus bound for New Delhi than the new subscription service CNN+ gets. The network recently acquired Chris Wallace from Fox News and believe it or not, it still sucked because people are tired of Orange Man Bad. They can't even get 10,000 suckers to watch it.

“Fewer than 10,000 people are using CNN+ on a daily basis two weeks into its existence,” CNBC reported. “To put that daily user number in perspective, CNN’s cable network suffered a sharp decline in viewership last year but still rang up an average of 773,000 total viewers a day.”

The report sparked serious skepticism as to whether the Compromised News Nebbishes can obtain enough demand to keep it going, but you would think that with a leftist like Chris Wallace somebody on the left would be watching. 

Not so much.

Axios reported that CNN’s investment in the streaming service is slated to be dramatically cut and that projections as to the number of subscribers CNN+ was expected to get will also be significantly reduced.

“The news giant was initially planning to invest around $1 billion in the service over the next four years,” Axios reported. “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.”

Now they're figuring about a dozen more than they already have. 

The report said that “hundreds of millions of dollars are expected to be cut” from the projected $1 billion investment in the service and that the company’s new leadership team has not yet decided the fate of the struggling service, but none of the money is expected to go to feed the homeless, build a wall, add to any law enforcement budget, or go to the RNC.

“They originally planned for the service to break even after four years,” the report jokingly added. “Much of the subscriber opportunity executives see comes from international markets.”

For every billion bucks, CNN thought there would be a billion schmucks. Guess not.

Ex-WarnerMedia CEO Jason Kilar, who left the company last week, pushed the launch of CNN+ before CNN merged with Discovery. He must be having a good laugh.

CNN+ made big news when they announced that they had grabbed leftist Chris Wallace away from Fox News, to the delight of the Fox News audience who won't forget how suckworthy Wallace was as emcee of the 2020 presidential debate.

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Author Ann Coulter had the best take: “I’m guessing Chris Wallace is going to ‘CNN Plus’ because ‘CNN Minus’ would be redundant.”

What prescience.

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