Warner Bros. Discovery shutting down its CNN+ streaming news service, variety reported on Thursday, citing two people familiar with the matter.
The media firm will provide details to employees on Thursday, the report said.
Warner Bros. Discovery, whose shares fell 5.6% on the news, did not immediately respond to a Reuters request for comment.
CNN CNN+ launched late last month to capitalize on the growing popularity of streaming video and the growth of digital subscriptions at major news organizations.
streaming service Offers a combination of live, on-demand and interactive programming, with an emphasis on original content.
The media firm will provide details to employees on Thursday, the report said.
Warner Bros. Discovery, whose shares fell 5.6% on the news, did not immediately respond to a Reuters request for comment.
CNN CNN+ launched late last month to capitalize on the growing popularity of streaming video and the growth of digital subscriptions at major news organizations.
streaming service Offers a combination of live, on-demand and interactive programming, with an emphasis on original content.