CNN plans to roll out a “suite” of digital subscription services as part of a wide-ranging overhaul aimed at arresting the decline of a traditional TV business facing new pressure as Donald Trump’s administration takes aim at media outlets it perceives as unfriendly.
Mark Thompson, who was appointed chief executive 18 months ago to turn CNN around, told the Financial Times the media group would debut at least one streaming product this year, with one or more expected in 2026.
Thompson hopes to build a digital subscription business at CNN that will generate more than $1bn in annual revenue by 2030. CNN made $1.7bn in operating revenue last year, according to S&P Global Market Intelligence estimates.
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