CNN lays off staffers from podcast team, to focus on audio biz

by IANS |

San Francisco, Sep 29 (IANS) CNN has laid off some employees from its podcast team as the media company refocuses on strengthening its audio business.

CNN said in a statement that audio is an important growth area for the company.

"Over the last several years we've learned a lot about the topics and productions that most resonate with our audiences. As a result, we've refined our strategy to focus our resources more specifically in those areas," said the media giant.

It, however, did not comment on how many staffers were laid off or which shows will be cut, reports The Verge.

Alexander McCall, who worked as a product manager at CNN Audio, said in a tweet late on Wednesday that he and other podcasting staffers had been laid off.

"Realising I'm joining the My company invested heavily in podcasting, and then realised it's expensive and then didn't want to pay for that anymore," he tweeted.

"My biggest question: What will become of our team's work? All the data we recorded, all the things we learned," McCall added.

Most of CNN's podcasts are related to its own shows and hosts. However, the network announced a few new series earlier this year.

"It's just a bummer to watch companies pull the plug on or disinvest from business units that are so young...especially when you've seen firsthand the work of so many people to make it profitable, to reach the goal," McCall further tweeted.

In April, CNN announced to shut its paid news streaming service within one month of its launch, as it did not generate enough demand in the news consuming world.

Latest News
Top psephologist says PM Modi's connect with women to propel NDA to '400 paar' Fri, Apr 26, 2024, 04:48 PM
Covid-19 worsened 'silent' spread of antimicrobial resistance: WHO Fri, Apr 26, 2024, 04:42 PM
Govt working on setting up Maritime Development Fund akin to Power Finance Corp, REC Fri, Apr 26, 2024, 04:38 PM
Several killed and injured after junta airstrikes in Myanmar Fri, Apr 26, 2024, 04:35 PM
South Korea, Japan could consider simplified entry agreement amid warming ties: Seoul official Fri, Apr 26, 2024, 04:33 PM
CM Vijayan loses cool when asked if elections would be assessment of his governance Fri, Apr 26, 2024, 04:31 PM
Brand owners may look at chess GM Gukesh and others for endorsement deals Fri, Apr 26, 2024, 04:29 PM
Global connected car sales to exceed 500 million in 2030, India to be among top nations Fri, Apr 26, 2024, 04:11 PM
INDIA bloc aims to divide the country on religious grounds: UP CM Yogi Adityanath Fri, Apr 26, 2024, 04:07 PM
FairPoint: If mangoes were for bail, then CM Kejriwal would ride out of jail Fri, Apr 26, 2024, 04:01 PM
Hulkenberg to leave Haas for Sauber at the end of F1 season 2024 Fri, Apr 26, 2024, 03:54 PM
Kia's net profit up 32.5 pc in Q1; India sales drop due to aging models, geopolitical factors Fri, Apr 26, 2024, 03:47 PM
We will implement UCC in entire country, it is 'Modi ki Guarantee': Amit Shah Fri, Apr 26, 2024, 03:45 PM
Three dead after mini car falls into paddy field in Japan Fri, Apr 26, 2024, 03:09 PM
Amid scorching heat, Tripura East records 55 pc turnout till 1 p.m. Fri, Apr 26, 2024, 03:07 PM