Warner Bros shutting down CNN+ streaming service – Variety

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The media company said it envisions news as part of a broader streaming offering that would include sports, entertainment and nonfiction. It said it would pull the plug on the nascent streaming service to invest its resources in CNN’s core news-gathering operations.

“Our customers and CNN will be best served with a simpler streaming choice,” CNN Worldwide Chairman and CEO Chris Licht said in a statement.

The CNN+ streaming service will cease operations on April 30 and customers will receive prorated refunds of subscription fees.

CNN launched CNN+ late last month in a bid to capitalize on the rising popularity of streaming video and growth of digital subscriptions at major news organizations.

The streaming service offers a combination of live, on-demand and interactive programming, with an emphasis on original content.