US EditionCNN Philippines to close due to financial losses
- CNN Philippines will cease its news and production operations on all platforms due to significant financial losses.
- The closure of CNN Philippines's newsroom is a loss of a reliable source of information for the public in a time of disinformation.
- The closure will impact around 300 employees who will be provided with severance packages.
12 Articles
12 Articles
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 …
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