Uncategorized

‘Significant’ Financial Loss Forces CNN to Shut Down Philippines Branch After 9 Years

CNN's financial woes seemingly extend well beyond just America. Variety reported that the broadcasting network will shut its operations in the Philippines on Wednesday after "accumulat[ing] losses of more than $89 million" in recent years. CNN Philippines was launched in 2015 as part of a brand licensing agreement between Turner...

CNN’s financial woes seemingly extend well beyond just America. Variety reported that the broadcasting network will shut its operations in the Philippines on Wednesday after “accumulat[ing] losses of more than $89 million” in recent years. CNN Philippines was launched in 2015 as part of a brand licensing agreement between Turner…

Share this article:
Share on Facebook
Facebook
Tweet about this on Twitter
Twitter

See also  Taylor Swift Gets Knocked Out of the No. 1 Spot by Extremely Controversial Figure on Spotify
→ What are your thoughts? ←
Scroll down to leave a comment: