CNN Philippines is shutting down after 9 years of operations in a text message to Manila Standard, D. Edgard Cabangon, chairman of ALC Group of Companies and Nine Media Corp., the head of CNN Philippines confirmed that the operations of CNN Philippines would end soon.
To recap, CNN Philippines is a free-to-air television network under license from Warner Bros. Discovery. It originally replaced 9TV and was launched on March 16, 2015.
Cabagnon told Manila Standard that the closure of CNN Philippines was planned last year due to losses and they will concentrate more on its own free TV called "Aliw TV".
The official statement would be issued by Nine Media president Benjamin Ramos after the general meeting on Monday.
The brand licensing agreement of CNN Philippines will expire by the end of 2024. But, there were recent rumors that it would end soon.
To read the full report of Manila Standard, click here.
Update: According to the anonymous CNN Philippines who messaged us, they didn't know about these developments until just yesterday.
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To recap, CNN Philippines is a free-to-air television network under license from Warner Bros. Discovery. It originally replaced 9TV and was launched on March 16, 2015.
Cabagnon told Manila Standard that the closure of CNN Philippines was planned last year due to losses and they will concentrate more on its own free TV called "Aliw TV".
The official statement would be issued by Nine Media president Benjamin Ramos after the general meeting on Monday.
The brand licensing agreement of CNN Philippines will expire by the end of 2024. But, there were recent rumors that it would end soon.
To read the full report of Manila Standard, click here.
Update: According to the anonymous CNN Philippines who messaged us, they didn't know about these developments until just yesterday.
full story news You do not have permission to view the full content of this post. Log in or register now.
