CNN said in a statement that audio is a key growth area for the company.
“Over the past few years, we have learned a lot about the topics and productions that resonate most with our audiences. As a result, we have refined our strategy to focus our resources more specifically on those areas,” said the
However, it did not comment on how many staffers have been fired or which shows will be cut, The Verge reports.
Alexander McCall, who worked as a product manager at
“When I realized I joined My Company, it invested heavily in podcasting and then I realized it was expensive and then didn’t want to pay more for it,” he tweeted.
“My biggest question: What will become of our team’s work? All the data we recorded, all the things we learned,” McCall added.
Most of CNN’s podcasts are related to its own shows and hosts. However, the network announced a few new series earlier this year.
“It’s just sad to see companies pull the plug or divest into business units that are so young…especially when you’ve seen firsthand the work of so many people to make it profitable, to achieve the goal.” achieve,” McCall continues. tweeted.
In April, CNN announced that it would discontinue its paid news streaming service within a month of its launch, as there was not enough demand in the news-consuming world.
Akash Ambani Named in Time100 NEXT List as Emerging Leader
More than 9.5% rise in home loan interest likely to have a major impact on home sales: survey