Advertisement
Canada markets closed
  • S&P/TSX

    21,947.41
    +124.19 (+0.57%)
     
  • S&P 500

    5,127.79
    +63.59 (+1.26%)
     
  • DOW

    38,675.68
    +450.02 (+1.18%)
     
  • CAD/USD

    0.7308
    -0.0006 (-0.08%)
     
  • CRUDE OIL

    77.99
    -0.96 (-1.22%)
     
  • Bitcoin CAD

    87,091.05
    +2,800.58 (+3.32%)
     
  • CMC Crypto 200

    1,359.39
    +82.41 (+6.45%)
     
  • GOLD FUTURES

    2,310.10
    +0.50 (+0.02%)
     
  • RUSSELL 2000

    2,035.72
    +19.61 (+0.97%)
     
  • 10-Yr Bond

    4.5000
    -0.0710 (-1.55%)
     
  • NASDAQ

    16,156.33
    +315.37 (+1.99%)
     
  • VOLATILITY

    13.49
    -1.19 (-8.11%)
     
  • FTSE

    8,213.49
    +41.34 (+0.51%)
     
  • NIKKEI 225

    38,236.07
    -37.98 (-0.10%)
     
  • CAD/EUR

    0.6787
    -0.0030 (-0.44%)
     

Warner Bros Discovery lays off CNN CFO, suspends marketing spend - Axios

FILE PHOTO: The Warner Bros logo is seen during the annual MIPCOM television programme market in Cannes

(Reuters) - Warner Bros Discovery has suspended all external marketing spend for its recently launched streaming service CNN+ and laid off CNN's finance chief Brad Ferrer, news website Axios reported https://www.axios.com/discovery-cnn-plus-marketing-layoffs-jobs-b088c03c-b202-4756-8f5f-e64ee77b5095.html on Tuesday, citing sources familiar with the matter.

Warner Bros Discovery did not immediately respond to a Reuters request for comment.

(Reporting by Eva Mathews in Bengaluru; Editing by Aditya Soni)