CNN Announces Job Cuts and New Subscription Service

CNN is set to cut around 100 jobs while simultaneously launching its first CNN.com subscription product. This decision aligns with strategic changes within the media company as it aims to adapt to the evolving digital landscape and diversify its revenue streams.

CNN is making significant strategic changes, announced today, which include cutting approximately 100 jobs. This move is part of broader efforts to streamline operations and maintain competitiveness in an evolving media landscape.

In tandem with the job cuts, CNN will introduce its first CNN.com subscription product. The new subscription service aims to enhance user experience by offering exclusive content and features as part of the network's strategy to diversify revenue streams and tap into the growing market for digital news subscriptions.

This dual initiative highlights CNN's ongoing efforts to adapt to the digital age and ensure long-term sustainability amidst a rapidly changing media environment.

(With inputs from agencies.)