CNN puts a paywall on its website as TV revenues decline
LA TimesCNN has placed a paywall on its website for users in the U.S. CNN has long had one of the most visited news websites in the world. The Warner Bros. Discovery-owned news operation is putting a paywall on CNN.com, requiring U.S. users to pay $3.99 a month or a discounted rate of $29.99 a year for access. Mark Thompson, who took over as CNN‘s chairman last year, turned the New York Times into a successful digital subscription site during his tenure at that company. MacCallum’s memo said subscribers “will receive benefits like exclusive election features, original documentaries, a curated daily selection of our most distinctive journalism, and fewer digital ads.” CNN is currently developing video content that will be behind the paywall on the site, according to people familiar with the plans. The costly venture was shuttered days after its launch once Warner Bros. CNN has created a stream of news programming for its parent company’s Max platform.
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