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Variety: The DiscoWB axe has claimed its first victim, staff are going to be notified today that CNN+ is dunzo.

Posted by: notfabio on Apr 21, 08:44

https://variety.com/2022/tv/news/cnn-plus-shut-down-warner-bros-discovery-1235237913/

Variety: The DiscoWB axe has claimed its first victim, staff are going to be notified today that CNN+ is dunzo. notfabio Apr 21, 08:44

Newly Minted DiscoWB stock is heading towards all-time lows on the news (but still just a 5% drop) {nm} notfabio Apr 21, 08:46

Netflix stock which had found support around 220 is looking like it will also test its low of 211.52 post Bill Ackman sell-off disclosure. {nm} notfabio Apr 21, 08:48

Almost all the streamers are getting hit bad, Disney stock is also at its 52 week low (Amazon is getting hit too, but nowhere near as bad) {nm} notfabio Apr 21, 08:51

Meanwhile in AT&T's last analyst call as HBOMax owner CEO takes swipe at Netflix "we managed password sharing better" {nm} Tallwonder Apr 21, 08:51

CNN confirms, shutdown April 30th, some CNN+ programming may get folded into whatever DiscoWB service (HBOMax or something else) wins out. notfabio Apr 21, 09:01

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