CNN's new owner says it will close the US-based news channel's streaming service just a month after it launched.
Warner Bros Discovery (WBD) says it will issue refunds to subscribers after the service is shut down on 30 April.
The head of CNN+ has resigned and hundreds more workers could be at risk of losing their jobs.
This week, $50bn (£38.4bn) was wiped off the stock market value of streaming giant Netflix after it revealed a sharp fall in subscribers.
CNN+ was launched on 29 March in an attempt to bring in revenues from news streaming subscriptions.
The company spent as much as $300m on developing the service but it got off to a slow start, attracting just 10,000 viewers a day, according to reports.
Earlier this month, WBD became CNN's parent company with the completion of the merger of media company Discovery and telecom giant AT&T.
Chris Licht, incoming chief executive of CNN, said the business "will be strongest as part of WBD's streaming strategy which envisions news as an important part of a compelling broader offering along with sports, entertainment, and nonfiction content".
Warner Bros Discovery (WBD) says it will issue refunds to subscribers after the service is shut down on 30 April.
The head of CNN+ has resigned and hundreds more workers could be at risk of losing their jobs.
This week, $50bn (£38.4bn) was wiped off the stock market value of streaming giant Netflix after it revealed a sharp fall in subscribers.
CNN+ was launched on 29 March in an attempt to bring in revenues from news streaming subscriptions.
The company spent as much as $300m on developing the service but it got off to a slow start, attracting just 10,000 viewers a day, according to reports.
Earlier this month, WBD became CNN's parent company with the completion of the merger of media company Discovery and telecom giant AT&T.
Chris Licht, incoming chief executive of CNN, said the business "will be strongest as part of WBD's streaming strategy which envisions news as an important part of a compelling broader offering along with sports, entertainment, and nonfiction content".