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Network insiders were horrified to learn that all junior staffers at the streaming service were let go.

AP Some estimate that CNN spent $300 million launching the service. Getty Images CNN+ Former President Trump speaks at a rally on April 9. Left to right, Kasie Hunt, Chris Wallace, Rex Chapman, and Anderson Cooper attend the CNN+ Launch Event. One insider estimated that CNN spent $300 million launching and between $100 million and $200 million advertising the service.Ĭhris Licht, CNN’s newly installed CEO, who replaced the disgraced Jeff Zucker, broke the news to staffers at a noon meeting Thursday in New York. The former POTUS made his remarks shortly after the shocking announcement that CNN+ would be shutting down operations less than a month after it launched. AP Signage on display during the CNN+ Launch Event on March 28. Getty Images Trump mocked the short-lived streaming service in a statement on Thursday. “In any event, it’s just one more piece of CNN and Fake News that we don’t have to bother with anymore!” CNN+ promptly shut down after only reaching 15,000 subscribers. “It was like an empty desert out there despite spending hundreds of millions of dollars and the hiring of low-rated Chris Wallace, a man who tried so hard to be his father, Mike, but lacked the talent and whatever else is necessary to be a star,” Trump continued in his scathing statement against the news outlet he has long attacked. “Congratulations to CNN+ on their decision to immediately FOLD for a lack of ratings, or viewers in any way, shape, or form,” the 45 th president said in a statement Thursday. Georgia court clerk cops to early release of Trump charges: ‘I am human’įormer President Donald Trump wasted no time in mocking CNN after the network shut down its ill-fated and short-lived streaming service, which drew only about 150,000 subscribers - comparing it to an “empty desert.” Kemp’s right on The Donald and other commentary Risks of Georgia’s Trump indictment, Gov. Georgia DA asks court to set March 4 trial date for Trump, 18 co-defendants Trump’s Georgia indictment: Letters to the Editor - Aug.