The network plans to produce original content for its new streaming platform, CNN+, a separate app offering fresh titles that differ from content offered on HBO Max and other outlets.
The company explained that its motive for the sell is that it will prioritize Techwood, another property it owns in Atlanta. It's currently avoiding questions about whether the move signals impending layoffs.
The network held the top spot among cable news channels for total day and primetime viewers in the “advertiser-coveted” age demographic of 25 to 54. for the sixth day in a row. The last time CNN broke rating records was October 2001, post 9/11.