DISCB - CNN's streaming service charging forward amid storms at network
CNN+ (T +0.6%) will charge forward into the streaming void this month even as it wraps up a messy scramble at the very top of CNN that resulted in a change of leadership at the longtime news network. One month ago, veteran CNN chief Jeff Zucker stunned colleagues by resigning, pointing to an undisclosed relationship with an employee. The move threw a wrinkle into a high-profile launch of CNN's streaming offering, coming as parent WarnerMedia (T +0.6%) prepares to close a blockbuster $43 billion merger with Discovery (DISCA -1.6%) in just over a month. Discovery has confirmed that CBS executive Chris Licht is taking over CNN Global May 1 - and CNN+ is planned to be a ways out of the starting gate by then. It's set to launch in the last week of March, and will be priced long-term at $5.99/month - the same price as rival Fox's (FOX
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CNN's streaming service charging forward amid storms at network