Warner Bros Discovery is shutting down its CNN+ streaming news service, Variety reported on Thursday, citing two people familiar with the matter.
Warner Bros Discovery, whose shares fell 5.6% on the news, did not immediately respond to a Reuters request for comment.
CNN launched CNN+ late last month in a bid to capitalize on the rising popularity of streaming video and growth of digital subscriptions at major news organizations.
The streaming service offers a combination of live, on-demand and interactive programming, with an emphasis on original content.
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