CNN to Pull Back on Original Series, Films

CNN is pulling back on production of the original series and films that have been a staple of its programming over the past decade. “Our long-term plan will no longer rely on commissioned projects with outside partners,” said Chris Licht, chairman and CEO of CNN in a note to employees Friday. “This was a very difficult decision to make, and it was based, in large part, on the ever-increasing cost of commissioning third-party premium content.

Source: CNN to Pull Back on Original Series, Films

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