CNN Philippines to close due to financial losses

CNN Philippines to close due to losses amid ‘challenging media landscape’

The closure will affect around 300 employees. Read more at straitstimes.com.

CNN Philippines to close due to financial losses

MANILA: CNN Philippines will stop operations from Jan 31 due to "significant financial losses", its owner announced on Monday (Jan 29), in the latest blow for the media industry in the Southeast Asian nation. The broadcaster began operating in the Philippines in 2015 as a franchise of CNN, delivering mainl

CNN Philippines To Shutter; Cites Financial Losses

After nine years in business, CNN Philippines will discontinue its news and production operations on all media platforms effective January 31. The news organization, which is a franchise holder of the CNN International brand and operated by Nine Media Corp, began airing under a brand and content licensing deal with Turner Broadcasting System Asia Pacific […]

CNN Philippines to Close Down, With 300 Job Losses

CNN Philippines is to close down on Wednesday, the company announced on Monday local time. The move means up to 300 jobs will be lost. CNN Philippines was launched in 2015 under a brand licensing agreement between Turner and Nine Media Network, a Philippines company that is a wholly-owned subsidiary of the ALC Group of Companies previously launched by the late Ambassador Antonio Cabangon-Chua. “CNN Philippines will discontinue operations on …

CNN Philippines announces closure from economic losses

Bangkok, Jan 29 (EFE).- The CNN Philippines media outlet, the only one on free television in the country that broadcasts predominantly in English, announced Monday the closure of all its platforms due to economic losses. “Turning the final page of the CNN Philippines newsroom’s story. We are forever grateful for the stories we’ve shared, the audience we’ve served, and to our dedicated team for their commitment to uphold the values of truth, accu…

CNN Philippines to close operations January 31 over financial losses

CNN Philippines will stop operations from January 31 due to “significant financial losses”, its owner announced Monday, in the latest blow for the media industry in the Southeast Asian nation. The broadcaster began operating in the Philippines in 2015 as a franchise of CNN, delivering mainly English-language news on free-to-air, cable and pay television. Staff