"Initially, the service will be offered for $2.99 a month, a rate locked in for life as long as the account is active," explains the Los Angeles Times' Stephen Battaglio of the CNN streaming service. "When that deal expires, CNN+ will be available for $5.99 a month, the same price as the Fox News streaming service Fox Nation. CNN also has plans to eventually offer a lower priced version of CNN+ that will be advertiser-supported. CNN+ will also be available in a package deal with HBO Max, just as Disney offers its flagship streaming service Disney+ with ESPN+ and Hulu. The service will have an entirely different program lineup than the cable channel, a costly but necessary strategy. More than half of CNN’s revenue comes from pay TV operators, and the network cannot run afoul of its carriage deals by cannibalizing its TV audience. CNN+ will cover breaking news, but with a different team of correspondents and anchors than the cable channel."
TOPICS: CNN+, CNN, Cable News