CNN Philippines is to close down on Wednesday, the company announced on Monday local time. “A trusted source of news and information CNN Philippines is accessible on free-to-air TV, cable and digital platforms. Thank you for the privilege to tell the story of the Filipino.”Turning the final page of the CNN Philippines newsroom's story. Thank you for… pic.twitter.com/nSq9LLfWqc — CNN Philippines (@cnnphilippines) January 29, 2024The operation is understood to have accumulated losses of more than $89 million (PHP5 billion). In a separate statement sent to Variety, CNN Worldwide said: “CNN Philippines has been popular amongst audiences in the Philippines and a valued affiliate partner for CNN, winning many awards during this time.

Source: CNN January 29, 2024 08:27 UTC