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UPCOMING EVENTS

CNN+ Shares When Subscribers Can Expect Their Refunds

CNN+ has ceased to exist as the streaming platform closed shopped two days earlier than initially announced. For those who paid for the service, TheWrap relayed the announcement regarding refunds. 

The report states that CNN+ states it will refund its subscribers, which will be either directly to them or via a third-party distributor before the unofficial start of summer.

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“If you purchased your subscription directly from us, we will be providing a full refund for your subscription fee back to your original CNN+ payment method by May 28, 2022,” the statement said. 

“If you purchased your subscription via a third party, such as Apple, Google, Roku, or Amazon, that third party will process a full refund of your subscription fee in accordance with their respective refund policies and timelines.”

Last week, CNN’s parent media Warner Bros. Discovery, decided to pull the plug on the platform, which launched last month. 

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“This decision is in line with WBD’s broader direct-to-consumer strategy,” said Chris Licht, the incoming CEO of CNN, in a statement

“In a complex streaming market, consumers want simplicity and an all-in service, which provides a better experience and more value than stand-alone offerings.”

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Eduardo Razo
Eduardo Razohttps://barrettmedia.com
Eduardo Razo is the Assistant Content Editor for BNM, which includes writing daily news stories on the news media industry. He can be found on Twitter @eddierazo_ or you can reach him by email at eddie1991razo@gmail.com.

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