22-04-2022 12:22 via telecoms.com

CNN + Musk = changing of the guard

The failure of CNN+ and the establishment panic over Elon Musk’s attempt to acquire Twitter are related events.
Less than a month after its much-hyped launch, news-focused SVoD service CNN+ has thrown in the towel. The apparent rationale was that, with people increasingly disinclined to watch CNN for free, the smart move was to start charging for it. The frequency and extent of corporate folly never ceases to amaze, with this futile and stupid gesture marking the perfect finale to AT&T
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