CNN+ Could Be a Key Piece of Warner Bros. Discovery

WarnerMedia will launch its CNN-branded streaming service early next year, and it could play a pivotal role in the company's overall strategy. Once the AT&T (NYSE: T)-owned media company merges with Discovery Communications (NASDAQ: DISCA) (NASDAQ: DISCK), it will have three main streaming services: HBO Max, Discovery+, and CNN+. That puts it in a position to echo the success of Walt Disney's (NYSE: DIS) successful streaming bundle.

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CNN+ will have a price point of $5.99 per month and the company is aiming for a March 2022 launch, according to a report from Bloomberg. It will feature a mix of pre-recorded original series (some of which are currently available on HBO Max), interview shows, and live news content and commentary. 

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Source Fool.com