CNN+ Paid $300M to Attract Fewer than 10K Daily Viewers
A total of $300 million has already been invested into CNN+, which attracts only 10,000 viewers per day.
If my math is correct, CNN+ paid $30,000 per viewer. If my math is incorrect, I went to public schools.
The stated goal was to invest a total of $1 billion — with a “B” — into CNN+, which would basically mean that these arrogant narcissists intended to spend a cool billion dollars to attract about 25,000 daily viewers.
As of right now, CNN+ is looking like a bigger failure than Quibi. Remember Quibi? Quibi came from the genius mind of Jeffrey Katzenberg. Launched in April of 2020 (in the heat of the pandemic) for $7.99 per month, Quibi offered short-form streaming content. So, basically, Quibi wanted people to pay a monthly fee for what they get for free on YouTube. Before the end of the year, and to the surprise of no one who resides in reality, Quibi was shut down.- READ MORE
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