Category: Business

BusinessMedia

CNN Relaunches Streaming Strategy With Premium ‘All Access’ Service Following CNN+ Failure

CNN is making another attempt at streaming dominance with its new All Access service, priced higher than the ill-fated CNN+ that lasted less than a month. The Warner Bros. Discovery-owned network hopes to avoid repeating past mistakes with this latest digital initiative.

CNN’s Streaming Renaissance

CNN is attempting to revitalize its digital strategy with the launch of CNN “All Access,” according to reports from CNBC and other financial outlets. This marks the latest effort by the CNN network to establish a foothold in the competitive streaming landscape after the spectacular failure of CNN+, which sources indicate lasted less than a month despite significant investment and promotion.

by Natalie Brooks
BusinessEconomy

Banking Sector Recovery Helps Stabilize Volatile Trading Session

Financial markets showed tentative signs of stabilization Friday as banking stocks recovered from recent losses. The moderate trading followed a period of significant volatility earlier in the week, with tech stocks continuing to face pressure.

Market Volatility Eases as Banking Sector Rebounds

U.S. stock markets showed signs of stabilization during Friday’s trading session, according to reports, as banking stocks recovered some of their sharp losses from the previous day. The Dow Jones Industrial Average was reportedly up 23 points, or 0.1%, as of late morning trading, while the S&P 500 slipped 0.2% and the Nasdaq composite declined 0.5%.

by Sarah Collins