CNN launches international streaming push under David Ellison
AI-generated briefing · First published
CNN will roll out paid streaming in Britain and Canada on 20 October, aiming for $1 billion in annual digital revenue by 2030.
Two weeks after David Ellison’s Skydance completed its $111 billion acquisition of Warner Bros. Discovery, CNN will launch full subscription streaming services in Britain and Canada on 20 October, following a U.S. debut last year. [1] [2]
Chairman Mark Thompson said the network targets $1 billion in annual digital subscription revenue by 2030 to offset declining cable TV; CNN expects $1.8 billion revenue and $600 million adjusted operating profit this year. [1] [2]
Thompson also noted ongoing tensions with the Trump administration, including a Justice Department investigation into media coverage decisions and restrictions on White House access. [2]
Sources
- CNN launches international streaming push as David Ellison takes control
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