WEBVTT - Inside CNN+: An Exclusive First Look at the New Streaming Service

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<v Speaker 1>Welcome to another episode of Strictly Business, the podcast in

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<v Speaker 1>which we talked with some of the brightest minds working

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<v Speaker 1>in the media business today. I'm Andrew Wallenstein with Variety.

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<v Speaker 1>This week we're bringing you a special bonus episode featuring

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<v Speaker 1>an exclusive interview with Andrew Morse, chief Digital officer for

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<v Speaker 1>CNN Worldwide. He's overseeing CNN Plus, the long awaited new

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<v Speaker 1>streaming service the news brand plans to launch early next year.

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<v Speaker 1>That's just one of the key details CNN finally revealed today,

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<v Speaker 1>but it leaves a host of questions we'll get into

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<v Speaker 1>with our guest. It's all coming up on this episode

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<v Speaker 1>of Strictly Business. Welcome back to another episode of Strictly Business,

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<v Speaker 1>where we're joined today by Andrew Morse, the lead executive

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<v Speaker 1>overseeing and CNN Plus. Thanks so much for doing the interview, Andrew.

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<v Speaker 1>Thank you, Andrew, and it's it's nice to be here cool.

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<v Speaker 1>So a quick recap for those who haven't heard what

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<v Speaker 1>your company announced today. CNN Plus is a video streaming

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<v Speaker 1>service that will launch in the first quarter of two.

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<v Speaker 1>Subscribers can expect eight to twelve hours of live content

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<v Speaker 1>each day, featuring well known CNN talent as well as

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<v Speaker 1>some new names. Catalog of CNN long form programming will

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<v Speaker 1>be offered as well. This is obviously a huge undertaking, Andrew. So,

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<v Speaker 1>I mean, is it safe to say this is like

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<v Speaker 1>the biggest launch coming out of CNN since the rollout

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<v Speaker 1>of the CNN website, which you oversee as well. I

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<v Speaker 1>think it's bigger than that. I think that this is

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<v Speaker 1>the single biggest launch that CNN has had since Ted

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<v Speaker 1>Turner launch the network in June of Um. This stakes

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<v Speaker 1>are that high for us, The opportunity is that big,

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<v Speaker 1>and we are that enthusiastic about this. And I would

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<v Speaker 1>imagine the cost has got to be considerable here. Here

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<v Speaker 1>you're gonna adding what hundreds of employees to support this,

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<v Speaker 1>So you know, from a cost perspective, is this bigger

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<v Speaker 1>than anything you've you've spent on? Yeah? I think that's important.

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<v Speaker 1>I mean, the magnitude of this is really significant. And again,

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<v Speaker 1>if you think about it, I mean the question that

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<v Speaker 1>you just asked was a great one. You know, CNN

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<v Speaker 1>pioneered cable news in eight We really redefined or defined

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<v Speaker 1>what digital news would look like when we launched CNN

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<v Speaker 1>dot Com and those were both really significant launches um

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<v Speaker 1>in order for us to make this next evolution. In

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<v Speaker 1>order for us to take this next step, we we

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<v Speaker 1>can't take a half measure. We have to go all in.

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<v Speaker 1>And this is a very substantial bet for us. So

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<v Speaker 1>the investment that the company is making will be commensurate

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<v Speaker 1>to the to the size of our ambition. A few

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<v Speaker 1>key facts that we're missing from the announcement today, I

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<v Speaker 1>obviously need to ask you about right off the bat,

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<v Speaker 1>first being price. Uh have you guys come up with

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<v Speaker 1>a price point yet? And is this an AD supported service? UM?

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<v Speaker 1>So it's not going to be AD supported um UM

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<v Speaker 1>to start UM, we are launching this as a as

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<v Speaker 1>a paid as FOD service. It won't be a vod

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<v Speaker 1>UM in terms of price point. That is something that

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<v Speaker 1>we are discussing quite a bit. We're doing quite a

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<v Speaker 1>substantial amount of research and as we continue to refine

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<v Speaker 1>the product and the go to market strategy over the

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<v Speaker 1>course of the next few months. Uh, we will come

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<v Speaker 1>up with the right price point. And is there a

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<v Speaker 1>reason And it sounds like you know, it's possible in

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<v Speaker 1>the future you could add an AD supported component, but

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<v Speaker 1>why not at the launch? You know, the first thing

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<v Speaker 1>that we're focused on now is getting the product right

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<v Speaker 1>for customers. You know, it's important to note that CNN

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<v Speaker 1>Plus is going to be a standalone, direct to consumer

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<v Speaker 1>paid subscription service, and so really what we're trying to

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<v Speaker 1>do is unique. There isn't a service like this that

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<v Speaker 1>currently exists in the marketplace. And the difference with paid

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<v Speaker 1>subscription services compared to add supported services UM or or

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<v Speaker 1>most traditional media sources is that UM the customer really

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<v Speaker 1>dictates UH to a certain degree, what the product is.

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<v Speaker 1>And so for us, the first and most important thing

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<v Speaker 1>is to build a product that customers will love, to

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<v Speaker 1>make sure that the content is extraordinary. And then once

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<v Speaker 1>we get the product up and launched and in customers hands,

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<v Speaker 1>we think that that having an advertising component UM will

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<v Speaker 1>be an important part of the product as we go forward.

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<v Speaker 1>Another key question, are you launching just in the US

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<v Speaker 1>or is this a global product? It is a global product,

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<v Speaker 1>and in fact, that's one of the real advantages that

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<v Speaker 1>we have. You know, if you look at CNN, UH,

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<v Speaker 1>you look at the advantages that we have, we're really

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<v Speaker 1>one of the world's only global news brands. I mean, really,

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<v Speaker 1>outside of the BBC and CNN, you'd be hard pressed

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<v Speaker 1>to to identify a real global news brand with a

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<v Speaker 1>kind of reach and resources that we have. And so

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<v Speaker 1>as we've looked at the market opportunity and we've looked at,

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<v Speaker 1>um really who this product can reach and how big

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<v Speaker 1>it might be able to be. We think one of

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<v Speaker 1>the distinct advantages is for Recipe Global that said at launch,

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<v Speaker 1>it's going to launch in the US first, We're gonna

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<v Speaker 1>get that market right, and then we will roll out

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<v Speaker 1>internationally as we go. Got it. Um, You haven't revealed

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<v Speaker 1>much yet about specific content, so, and I know there's

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<v Speaker 1>a limit to what you could say, but a simple question,

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<v Speaker 1>is this a twenty four hour news network? Uh? You know?

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<v Speaker 1>Do I do I need CNN if I have CNN Plus? Well,

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<v Speaker 1>to answer your first question, is it a twenty for

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<v Speaker 1>our news network? No? And the reason why is we

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<v Speaker 1>have one and it's called CNN. And that's really important

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<v Speaker 1>here is we have an incredibly successful, uh linear business.

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<v Speaker 1>The CNN television network is stronger than it's ever been.

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<v Speaker 1>It's coming off the best year in act in its history.

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<v Speaker 1>And by the same token, we have the world's number

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<v Speaker 1>one out supported digital news service and that's as strong

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<v Speaker 1>as it's ever been. CNN Plus is a totally separate, distinct,

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<v Speaker 1>additive service and the content that we're creating UM will

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<v Speaker 1>be unique and distinct from what you get on the

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<v Speaker 1>US network. So that's really important. The the CNN television

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<v Speaker 1>network will remain the CNN television network, and none of

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<v Speaker 1>the core programming that that viewers CNR our television network,

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<v Speaker 1>will be available on CNN Plus. We're gonna We're gonna

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<v Speaker 1>continue to invest in our television network. The kind of

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<v Speaker 1>content that you'll see UM will be surprising, distinct, original,

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<v Speaker 1>and provide provide users with a with a really different

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<v Speaker 1>experience than what they currently get from our our television

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<v Speaker 1>and digital properties. To me, the quintessential CNN is getting

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<v Speaker 1>to the scene of a huge breaking story like like

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<v Speaker 1>say the tragedy and at surfside in Miami. Would we

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<v Speaker 1>see CNN plus function and anything like that. Yes, and no,

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<v Speaker 1>and and it's really important. And it's why cnmplus is

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<v Speaker 1>so important because UM, again, there is nothing like CNN

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<v Speaker 1>in terms of our global reach, the way we respond

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<v Speaker 1>to stories, the way we deploy resources, and the way

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<v Speaker 1>we promise our users immediate up to date news and information.

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<v Speaker 1>And that's what CNM will continue to do in CNN Plus.

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<v Speaker 1>It will still be really important to provide viewers of

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<v Speaker 1>front row seat to what's happening, both the important and

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<v Speaker 1>the interesting. Um. But we have to do it in

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<v Speaker 1>different ways. I think it gives us an opportunity to

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<v Speaker 1>be more contextual, to spend more time with individual stories,

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<v Speaker 1>to go deeper, to provide different angles, also provide different programming.

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<v Speaker 1>So around the news, I think you'll provide you'll you'll

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<v Speaker 1>you'll see a really distinct experience from what you'll get

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<v Speaker 1>on the on the network. But it's also important to

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<v Speaker 1>note that like we are not attempting to create a

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<v Speaker 1>twenty four seven news wheel, that's not what CNN Plus

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<v Speaker 1>is going to be. The live programming will have a

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<v Speaker 1>distinct personality beyond demand programming. Um again, well, well will

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<v Speaker 1>serve a very different need and uh, this service will

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<v Speaker 1>be quite different from what we do on the air.

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<v Speaker 1>But will it's mere existence changed the complexion of what

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<v Speaker 1>we understand CNN itself to be on TV? Because you know,

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<v Speaker 1>I wonder you know again, let's go to my surf

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<v Speaker 1>side example. Maybe instead of going you know, six hours

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<v Speaker 1>straight on the CNN airwaves on our five you're gonna say,

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<v Speaker 1>you know what, we're going over to a different story,

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<v Speaker 1>but if you want to continue the surf side experience,

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<v Speaker 1>go to CNN Plus. Well, that kind of relationship of

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<v Speaker 1>the network throwing to the streaming service happen. And yes,

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<v Speaker 1>does it change CNN as we know it, No, it will.

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<v Speaker 1>It won't change CNN as we know it. In fact,

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<v Speaker 1>I think CNN Plus allows CNN to continue to be

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<v Speaker 1>CNN and to do with CNN does really well. I

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<v Speaker 1>do think that this service will be complementary, and I

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<v Speaker 1>do think there will be opportunities to push between the

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<v Speaker 1>services for for more context and for more analysis, and

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<v Speaker 1>for different kinds of programming. For complementary programming. UM, I

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<v Speaker 1>think CNN will continue to do what it does best,

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<v Speaker 1>which is to cover the most important stories of the day,

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<v Speaker 1>the most interesting stories of the day, to be topical,

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<v Speaker 1>to be on the news, to be urgent. Uh. And again,

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<v Speaker 1>CNN Plus will have a bit of a different personality

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<v Speaker 1>CNN Plus will UH have. U will give us the

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<v Speaker 1>opportunity to explore different topics that we don't always have

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<v Speaker 1>a chance to cover on on the US network, really

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<v Speaker 1>in in greater depth. UM. We certainly do cover topics

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<v Speaker 1>like climate, like space, and science certainly like race and identity.

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<v Speaker 1>But the ability to spend much more time when you're

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<v Speaker 1>not having to deal just to the linear schedule gives

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<v Speaker 1>us the opportunity to explore those topics much more deeply.

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<v Speaker 1>And also when you think about the daily programming we're

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<v Speaker 1>going to do, we think there's an opportunity to go

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<v Speaker 1>more in depth, to become more analytical. But but I

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<v Speaker 1>think again it's it's also really important to note that

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<v Speaker 1>what we are conceiving of a service that leans into

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<v Speaker 1>the very best of what our DNA is, you're also

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<v Speaker 1>going to see things that surprise you. You're gonna see

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<v Speaker 1>things across topics and across different formats, and you're gonna

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<v Speaker 1>see different kinds of talent and personalities that you you

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<v Speaker 1>simply wouldn't see on the US network that we think

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<v Speaker 1>there's a real audience for in CNN Plus. So you've

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<v Speaker 1>characterized CNN plus is having a different personality. Can you

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<v Speaker 1>define it beyond saying it's surprising? Is it is it

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<v Speaker 1>more irreverent? Is it less traditional? Is it is it

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<v Speaker 1>more ideological? I have to ask is it going to

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<v Speaker 1>be something that you know well, you guys are known

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<v Speaker 1>as the liberal network. And if you really want to

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<v Speaker 1>go deep lib here CNN Plus. Well, I don't think

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<v Speaker 1>anybody who is looking for deep lib would would seek

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<v Speaker 1>out CNN. It's just not what we do. But no,

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<v Speaker 1>it's not gonna be ideological. We're We're just not in

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<v Speaker 1>that game. You know, We're we're not an opinion network.

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<v Speaker 1>We're a news network. We're a news brand, So it

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<v Speaker 1>will have news DNA for sure. You know, We're not

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<v Speaker 1>going to try to be reverend for being you know,

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<v Speaker 1>for a reverend sake, because I don't think that's what

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<v Speaker 1>audiences want. I think people turn to t N CNN

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<v Speaker 1>for trust and for credibility, for authenticity. UM. I say,

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<v Speaker 1>the personality we describe as smart and entertaining, and the

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<v Speaker 1>two are not mutually exclusive. I think we can provide

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<v Speaker 1>a level of depth and intelligence and context and perspective

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<v Speaker 1>that you would associate with CNN, and we can also

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<v Speaker 1>we can also be entertaining. And I think there is

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<v Speaker 1>room as you consider, um what CNN plus is, for

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<v Speaker 1>us to be a little bit more expansive. Um. You know,

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<v Speaker 1>as we think about you know, what is smart and

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<v Speaker 1>what is entertaining? Well, does entertaining mean entertainment. Can I

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<v Speaker 1>see a scripted comedy, Can I see a daily show

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<v Speaker 1>type humor about the news? Again, I think you will

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<v Speaker 1>see formats and topics, definitely the push the boundaries a

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<v Speaker 1>little bit and and and I think that's okay. I

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<v Speaker 1>think that's what audiences. But I would also describe a

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<v Speaker 1>lot of the programming that our original films and series

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<v Speaker 1>groups have been doing for the last seven or eight

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<v Speaker 1>years as entertaining. I would say Anthony Bourdain's Parts Unknown

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<v Speaker 1>was entertaining. I think this Stanley Tucci searching for Italy

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<v Speaker 1>show is entertaining. And I think, you know, again, when

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<v Speaker 1>you think about what audiences want and why they turn

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<v Speaker 1>to CNN, UM, there's a host of really high quality,

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<v Speaker 1>UM original nonfiction storytelling that can be really entertaining as

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<v Speaker 1>well as you know, some of the provocative notions that

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<v Speaker 1>you just reference. I think we're gonna have to try things.

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<v Speaker 1>We can't be afraid to take some chances on this platform. Yeah,

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<v Speaker 1>um from you know, what has been reported is is

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<v Speaker 1>that you know, CNN has turned to a lot of

0:12:44.400 --> 0:12:47.800
<v Speaker 1>its key talent to get their buy in, and I

0:12:47.800 --> 0:12:51.440
<v Speaker 1>guess have shows on CNN plus you see Anderson Cooper

0:12:51.520 --> 0:12:53.760
<v Speaker 1>on TV and maybe you get to see him in

0:12:53.800 --> 0:12:56.880
<v Speaker 1>his own show on CNN plus. What is the process

0:12:56.880 --> 0:13:00.800
<v Speaker 1>been in terms of convincing talent to do this as

0:13:00.800 --> 0:13:07.120
<v Speaker 1>it required a lot of contractual rearranging. Uh? Yeah, Like

0:13:07.320 --> 0:13:12.839
<v Speaker 1>there is wild enthusiasm for this across CNN um um.

0:13:12.880 --> 0:13:16.040
<v Speaker 1>You know, as we have begun to to ramp up

0:13:16.040 --> 0:13:19.440
<v Speaker 1>our plans and as we've had more conversations really across

0:13:19.440 --> 0:13:22.559
<v Speaker 1>the n N from our talent, uh, to our producers,

0:13:22.920 --> 0:13:25.840
<v Speaker 1>to our engineers and developers, to product managers, there is

0:13:25.920 --> 0:13:29.360
<v Speaker 1>real enthusiasm for this product. And I think again you

0:13:29.400 --> 0:13:33.160
<v Speaker 1>can expect the service to include you know, original programming,

0:13:33.240 --> 0:13:35.720
<v Speaker 1>not not what you see from them on the US network,

0:13:35.760 --> 0:13:38.920
<v Speaker 1>but from from Anderson Cooper, from Don Lemon or Jake

0:13:38.960 --> 0:13:42.480
<v Speaker 1>Tapper or Poppy Harlow, you know, from Van Jones. You know,

0:13:42.520 --> 0:13:45.000
<v Speaker 1>I think I think you will see a different side

0:13:45.000 --> 0:13:47.560
<v Speaker 1>of them. I think you will see a connection that

0:13:47.559 --> 0:13:50.600
<v Speaker 1>that these folks have with their fans, um who have

0:13:50.679 --> 0:13:55.559
<v Speaker 1>turned to them, you know, for their authenticity, for their authority,

0:13:55.679 --> 0:13:57.679
<v Speaker 1>and also because they're real human beings. You know, if

0:13:57.679 --> 0:14:00.480
<v Speaker 1>you think about the connection that our audiences of forged

0:14:00.520 --> 0:14:04.280
<v Speaker 1>asanga Gupta for example, over the course of the last year, UM,

0:14:04.320 --> 0:14:07.320
<v Speaker 1>as we've lived through this global pandemic, UM people have

0:14:07.440 --> 0:14:09.400
<v Speaker 1>really come to know our talent and as a result,

0:14:09.559 --> 0:14:11.920
<v Speaker 1>our talent are really excited about this, and so we

0:14:11.960 --> 0:14:14.760
<v Speaker 1>think CNN Plus creates a great opportunity. I should say

0:14:14.800 --> 0:14:17.840
<v Speaker 1>also though, like as I mentioned, the enthusiasm cuts across

0:14:17.960 --> 0:14:22.640
<v Speaker 1>the whole company UM and that's important to note too,

0:14:22.680 --> 0:14:25.640
<v Speaker 1>because we're having to really um you know, build the

0:14:25.640 --> 0:14:27.960
<v Speaker 1>proverbial engine of the cars. We're driving it. And so

0:14:28.080 --> 0:14:30.360
<v Speaker 1>we're in the process of hiring about four hundred and

0:14:30.400 --> 0:14:34.120
<v Speaker 1>fifty people UM for CNN plus over the next six

0:14:34.160 --> 0:14:37.440
<v Speaker 1>to nine months. I mean, it is a massive undertaking,

0:14:37.480 --> 0:14:42.120
<v Speaker 1>and that's across every discipline. So about half those roles

0:14:42.280 --> 0:14:44.800
<v Speaker 1>are in the content spaces, you know, the production teams,

0:14:45.040 --> 0:14:48.320
<v Speaker 1>and about half are in the engineering and product and

0:14:48.360 --> 0:14:51.360
<v Speaker 1>technology and analytics and growth departments. I mean, this is

0:14:51.400 --> 0:14:54.160
<v Speaker 1>a it's a big undertaking, and so our current employees

0:14:54.160 --> 0:14:56.560
<v Speaker 1>are really excited and we're trying to build an all

0:14:56.600 --> 0:15:00.240
<v Speaker 1>star team as we go. So is this a team

0:15:00.280 --> 0:15:03.920
<v Speaker 1>of four hundred and fifty or however many going to

0:15:03.960 --> 0:15:09.640
<v Speaker 1>exist completely separately from CNN operations or is there some integration.

0:15:09.760 --> 0:15:12.600
<v Speaker 1>Have you guys thought that through? Well, there there are

0:15:12.600 --> 0:15:14.440
<v Speaker 1>two things. I mean, one is it is going to

0:15:14.560 --> 0:15:17.520
<v Speaker 1>need its own staff. You can't build a product of

0:15:17.560 --> 0:15:20.240
<v Speaker 1>this size with the kind of expectations that we have

0:15:20.720 --> 0:15:22.600
<v Speaker 1>and not staff it properly. So it is going to

0:15:22.680 --> 0:15:26.200
<v Speaker 1>have its own separate leadership team. We hired Alex McCallum

0:15:26.280 --> 0:15:28.880
<v Speaker 1>recently from The New York Times to be the general

0:15:28.920 --> 0:15:31.280
<v Speaker 1>manager of CNN Plus. She's our head of product and

0:15:32.360 --> 0:15:37.120
<v Speaker 1>she helped the Times build their successful subscription businesses. We've

0:15:37.160 --> 0:15:40.760
<v Speaker 1>brought on Rebecca Cutler, who has had just about every

0:15:40.840 --> 0:15:43.560
<v Speaker 1>job throughout our CNN programming for a while, to lead

0:15:43.560 --> 0:15:47.440
<v Speaker 1>our programming and production UM. But we're also and and

0:15:47.480 --> 0:15:50.200
<v Speaker 1>so they're building independent staffs. But we're also getting help

0:15:50.280 --> 0:15:53.120
<v Speaker 1>from all over the organizations. So the Original Series and

0:15:53.200 --> 0:15:56.880
<v Speaker 1>Films group that's produced The Bourdain's and the Two Geese

0:15:56.960 --> 0:15:59.960
<v Speaker 1>and films like RBG, they're leaning in and their help

0:16:00.040 --> 0:16:03.040
<v Speaker 1>being developed scores of new series for us. So we're

0:16:03.080 --> 0:16:06.360
<v Speaker 1>building out that department as well. So yes, it will

0:16:06.400 --> 0:16:09.760
<v Speaker 1>have a separate and discrete staff. But this is such

0:16:09.800 --> 0:16:12.800
<v Speaker 1>an important effort um, so that you know, again the

0:16:12.840 --> 0:16:14.920
<v Speaker 1>films in series group led by Amy and tell Us

0:16:14.960 --> 0:16:17.840
<v Speaker 1>will be a big part of it, and every part

0:16:17.960 --> 0:16:22.360
<v Speaker 1>of CNN frankly, from HR to legal, to finance, to

0:16:22.480 --> 0:16:26.080
<v Speaker 1>our TV teams to our core digital teams. UM. For

0:16:26.120 --> 0:16:29.160
<v Speaker 1>this to be successful, UM, we've got to have the

0:16:29.160 --> 0:16:32.040
<v Speaker 1>support from everybody in the organization. And the good news

0:16:32.080 --> 0:16:35.880
<v Speaker 1>is everybody's really enthusiastic about it. I'm also curious about

0:16:35.880 --> 0:16:39.280
<v Speaker 1>the enthusiasm at the A T and T level or

0:16:39.320 --> 0:16:43.720
<v Speaker 1>really the the the level of involvement. UM. For instance,

0:16:43.800 --> 0:16:48.520
<v Speaker 1>Jason Kyler, CEO Warner Media, has he been involved in

0:16:48.560 --> 0:16:53.120
<v Speaker 1>this process? How how into this is a T and T? Well,

0:16:53.280 --> 0:16:54.760
<v Speaker 1>there are a couple of things to stand that. I mean,

0:16:54.840 --> 0:16:57.400
<v Speaker 1>we've been on this journey for a while now. So

0:16:57.480 --> 0:17:01.320
<v Speaker 1>for the last few years, UH, CNN has been putting

0:17:01.360 --> 0:17:03.760
<v Speaker 1>the pieces together and laying the groundwork for a director

0:17:03.800 --> 0:17:07.119
<v Speaker 1>consumer future. And Jeff Zooker, you know, the president of

0:17:07.160 --> 0:17:10.080
<v Speaker 1>CNN Worldwide and chairman of Warner Media News and Sports.

0:17:10.160 --> 0:17:13.359
<v Speaker 1>Jeff has been UM as as as much of a

0:17:13.359 --> 0:17:17.720
<v Speaker 1>proponent of of this journey as anyone, and as Jason

0:17:17.760 --> 0:17:20.639
<v Speaker 1>came into the company about a year ago. UM, given

0:17:20.680 --> 0:17:23.200
<v Speaker 1>his background, UM, given the work he did at Hulu

0:17:23.640 --> 0:17:26.840
<v Speaker 1>given his mandate for for pushing Warner Media boldly into

0:17:26.880 --> 0:17:30.439
<v Speaker 1>a director consumer future. Jason has been incredibly supportive of

0:17:30.480 --> 0:17:33.040
<v Speaker 1>the path that we're on, and it's been a real

0:17:33.280 --> 0:17:35.320
<v Speaker 1>team effort up and down the line. And you mentioned

0:17:35.320 --> 0:17:37.760
<v Speaker 1>A T and T. They are really vested in the

0:17:37.800 --> 0:17:40.480
<v Speaker 1>success of this, uh, this product as well. In fact,

0:17:40.560 --> 0:17:44.600
<v Speaker 1>John Stanky made comments fairly recently talking about how enthusiastic

0:17:45.000 --> 0:17:47.560
<v Speaker 1>he was to John's of course, the the A T

0:17:47.640 --> 0:17:51.040
<v Speaker 1>and T CEO. Um. So it has been a great

0:17:51.080 --> 0:17:54.479
<v Speaker 1>partnership and there is real support for CNN plus up

0:17:54.480 --> 0:17:57.159
<v Speaker 1>and down the line. But that begs a few questions,

0:17:57.280 --> 0:18:02.720
<v Speaker 1>the first being why you could argue, and maybe you'll

0:18:02.800 --> 0:18:08.200
<v Speaker 1>argue against me, that CNN didn't necessarily need to launch

0:18:08.560 --> 0:18:12.639
<v Speaker 1>its own branded, standalone thing. It could have been embedded

0:18:12.720 --> 0:18:15.600
<v Speaker 1>in HBO Max, it could have been a tab of

0:18:15.640 --> 0:18:21.160
<v Speaker 1>some sort. Uh, why not consolidate efforts? So what walk

0:18:21.240 --> 0:18:23.720
<v Speaker 1>me through the rationale of not doing that? Was it

0:18:23.760 --> 0:18:28.439
<v Speaker 1>even discussed? Well? Sure, I mean it makes sense as

0:18:28.440 --> 0:18:33.760
<v Speaker 1>a consideration when you have a brand like CNN that

0:18:33.960 --> 0:18:36.440
<v Speaker 1>is truly distinct and unique, and again you think about

0:18:36.480 --> 0:18:40.480
<v Speaker 1>the opportunities, there isn't another news organization on the planet

0:18:40.600 --> 0:18:43.360
<v Speaker 1>that could pull off what we're trying to pull off

0:18:43.400 --> 0:18:45.520
<v Speaker 1>if you practically look at the advantages that we have

0:18:45.600 --> 0:18:49.520
<v Speaker 1>were global. We reached two million people across digital and

0:18:49.560 --> 0:18:53.480
<v Speaker 1>linear platforms every month UM. We have a rich history

0:18:53.480 --> 0:18:57.480
<v Speaker 1>and tradition and video. We have a rich archive and

0:18:57.600 --> 0:19:00.560
<v Speaker 1>library of nonfiction content, and we have the product and

0:19:00.560 --> 0:19:03.040
<v Speaker 1>technology chops to be able to build a world class

0:19:03.080 --> 0:19:07.200
<v Speaker 1>platform and and and there isn't another organization that can

0:19:07.240 --> 0:19:10.280
<v Speaker 1>do that. And so I think the way we're looking

0:19:10.320 --> 0:19:14.080
<v Speaker 1>at it is we have a tremendous entertainment subscription service

0:19:14.080 --> 0:19:17.760
<v Speaker 1>in HBO max UM that is growing and thriving, and

0:19:17.800 --> 0:19:21.639
<v Speaker 1>that is drawing new customers every day, and that allows

0:19:21.760 --> 0:19:24.280
<v Speaker 1>HBO max to do what it does best and to

0:19:24.400 --> 0:19:27.840
<v Speaker 1>reach their customers with a very clear value proposition. And

0:19:27.880 --> 0:19:32.560
<v Speaker 1>of alongside that, the company can also have an unparalleled

0:19:32.600 --> 0:19:36.200
<v Speaker 1>global news and information service. You've got a really powerful

0:19:37.640 --> 0:19:40.719
<v Speaker 1>set of products that the company can roll out. If

0:19:40.760 --> 0:19:43.320
<v Speaker 1>we were a different news organization, you might go a

0:19:43.359 --> 0:19:47.560
<v Speaker 1>different path because you know, other news organizations frankly just

0:19:47.600 --> 0:19:50.680
<v Speaker 1>don't have the resources that we do that you need

0:19:50.760 --> 0:19:56.920
<v Speaker 1>to be able to build a standalone subscription service if

0:19:56.920 --> 0:20:00.119
<v Speaker 1>you're just joining us. We're talking with Andrew Morse. He

0:20:00.240 --> 0:20:03.680
<v Speaker 1>is the chief Digital officer of CNN Worldwide, and we'll

0:20:03.720 --> 0:20:13.240
<v Speaker 1>be back with him in a minute. We're back with

0:20:13.320 --> 0:20:16.680
<v Speaker 1>Andrew Morrise, the chief Digital officer of CNN Worldwide, who's

0:20:16.720 --> 0:20:20.520
<v Speaker 1>tight taking us through CNN Plus. I mean, another thing

0:20:20.560 --> 0:20:24.160
<v Speaker 1>I was wondering about is, of course, there's this pending

0:20:24.240 --> 0:20:28.879
<v Speaker 1>merger next year between A T and T and Discovery. UH.

0:20:29.119 --> 0:20:32.680
<v Speaker 1>You could argue that there's overlap between Discoveries prowess and

0:20:32.840 --> 0:20:36.359
<v Speaker 1>unscripted content and a lot of the your catalog, which

0:20:36.400 --> 0:20:40.520
<v Speaker 1>is long form unscripted. So is that a consideration in

0:20:40.560 --> 0:20:44.040
<v Speaker 1>this in terms of you're launching before that merger is

0:20:44.080 --> 0:20:46.359
<v Speaker 1>going to happen, But in the event that it does,

0:20:46.440 --> 0:20:50.000
<v Speaker 1>I would imagine the existence of Discovery could really change things.

0:20:51.480 --> 0:20:54.320
<v Speaker 1>You know. I can't really comment on on that at all.

0:20:54.440 --> 0:20:56.439
<v Speaker 1>What I can say is we're on the track that

0:20:56.480 --> 0:20:59.320
<v Speaker 1>we're on and we're building this service, um, you know,

0:20:59.359 --> 0:21:01.240
<v Speaker 1>and we'll have to wait and see, you know, what

0:21:01.400 --> 0:21:04.120
<v Speaker 1>happens with the merger. But right now we're just focused

0:21:04.119 --> 0:21:07.200
<v Speaker 1>on building the platform, UH and working with Warner Media

0:21:07.200 --> 0:21:09.560
<v Speaker 1>and A T and T to do that. You know,

0:21:09.600 --> 0:21:13.080
<v Speaker 1>you referenced that what you're launching has been in the

0:21:13.080 --> 0:21:15.560
<v Speaker 1>works for a while, and you actually came on this

0:21:15.640 --> 0:21:18.919
<v Speaker 1>podcast nearly two years ago and we talked about the

0:21:18.960 --> 0:21:22.560
<v Speaker 1>prospect of some kind of direct to consumer play. So

0:21:22.960 --> 0:21:27.040
<v Speaker 1>let's you know, the flip side is what took so long? Why?

0:21:27.119 --> 0:21:29.360
<v Speaker 1>You know, why has it taken so long to do

0:21:29.480 --> 0:21:33.879
<v Speaker 1>something like this? Well, because nothing like this has been done,

0:21:34.280 --> 0:21:38.399
<v Speaker 1>and the path to success here just it's not a

0:21:38.480 --> 0:21:41.399
<v Speaker 1>straight line, especially when you're trying something with this degree

0:21:41.400 --> 0:21:44.320
<v Speaker 1>of ambition. If if it were easy, somebody would have

0:21:44.720 --> 0:21:46.639
<v Speaker 1>would have done this. You know. The fact is there

0:21:46.640 --> 0:21:49.680
<v Speaker 1>are three news and information services right now with over

0:21:49.720 --> 0:21:52.359
<v Speaker 1>a million paid digital subscribers, The New York Times, the

0:21:52.359 --> 0:21:54.680
<v Speaker 1>Washington Post, in the Wall Street Journal, and all three

0:21:54.680 --> 0:21:57.080
<v Speaker 1>of them, by the way, I had pretty thriving direct

0:21:57.160 --> 0:22:01.439
<v Speaker 1>to consumer businesses subscription businesses before they made their pivot

0:22:01.480 --> 0:22:04.639
<v Speaker 1>to digital. UM. There isn't a service like CNN Plus.

0:22:04.760 --> 0:22:08.440
<v Speaker 1>And the reality is, especially when you're talking about product development,

0:22:08.720 --> 0:22:10.639
<v Speaker 1>and that's what we're talking about here, it's not just

0:22:10.680 --> 0:22:13.399
<v Speaker 1>about taking content and throwing it at the wall. Um.

0:22:13.480 --> 0:22:15.400
<v Speaker 1>And and that's the thing I think people who would

0:22:15.400 --> 0:22:17.640
<v Speaker 1>suggest or relate to the game somehow, I don't think

0:22:17.640 --> 0:22:21.200
<v Speaker 1>they understand the game that we're playing. Um, because we're

0:22:21.240 --> 0:22:23.359
<v Speaker 1>gonna have world class content. We have some of the

0:22:23.359 --> 0:22:26.639
<v Speaker 1>best journalists and storytellers around, and we'll continue to invest

0:22:26.680 --> 0:22:29.399
<v Speaker 1>in them. But we've spent the last few years, as

0:22:29.520 --> 0:22:31.240
<v Speaker 1>as we discussed, you know the last time I was

0:22:31.240 --> 0:22:33.679
<v Speaker 1>on the podcast, investing in the kind of product and

0:22:33.720 --> 0:22:38.520
<v Speaker 1>technology and analytics and growth marketing capabilities that you need

0:22:38.560 --> 0:22:40.959
<v Speaker 1>to be able to run a successful subscription business. This

0:22:41.040 --> 0:22:44.000
<v Speaker 1>is really hard. But you know, the the Amazons and

0:22:44.040 --> 0:22:46.320
<v Speaker 1>the Netflix is and the Googles and the Apples. You know,

0:22:46.600 --> 0:22:49.960
<v Speaker 1>those companies weren't built in a day UH, and this

0:22:50.000 --> 0:22:52.080
<v Speaker 1>product wasn't going to be a straight line to success.

0:22:52.080 --> 0:22:54.320
<v Speaker 1>So I think we've been planting the seeds and we

0:22:54.400 --> 0:22:58.520
<v Speaker 1>feel really good about the timing um about where we

0:22:58.560 --> 0:23:00.359
<v Speaker 1>are now. So when you say it is not a

0:23:00.400 --> 0:23:03.800
<v Speaker 1>straight line, does that mean there have been previous versions

0:23:04.000 --> 0:23:08.840
<v Speaker 1>of what CNN plus UH is now, perhaps something that

0:23:09.080 --> 0:23:13.280
<v Speaker 1>was just not really similar to what you're launching. But

0:23:13.400 --> 0:23:16.800
<v Speaker 1>I don't know, say politics only vertical, or something that

0:23:17.280 --> 0:23:22.040
<v Speaker 1>for whatever reason external circumstances internal politics didn't happen. Has

0:23:22.080 --> 0:23:25.960
<v Speaker 1>there been stops and starts with different iterations of what

0:23:26.000 --> 0:23:30.560
<v Speaker 1>you're doing. Now, there have been fits and starts, because

0:23:30.560 --> 0:23:33.960
<v Speaker 1>I think that's that's the nature of innovation and product development.

0:23:34.359 --> 0:23:36.560
<v Speaker 1>But I think each one has been a step along

0:23:36.560 --> 0:23:39.360
<v Speaker 1>the path, you know. I think the notion is as

0:23:39.840 --> 0:23:42.760
<v Speaker 1>we have invested over time and will continue to invest

0:23:42.920 --> 0:23:47.600
<v Speaker 1>in UH in in content verticals that appealed to different audiences.

0:23:47.920 --> 0:23:51.600
<v Speaker 1>It's all in the pursuit of really understanding what it

0:23:51.640 --> 0:23:54.399
<v Speaker 1>takes to be able to speak directly to audiences, to

0:23:54.480 --> 0:23:56.480
<v Speaker 1>cater them and to know them, which again is very

0:23:56.520 --> 0:24:00.920
<v Speaker 1>different than working in typical ad supported news businesses. The

0:24:01.200 --> 0:24:04.359
<v Speaker 1>notion of knowing customers and being able to super serve

0:24:04.400 --> 0:24:07.679
<v Speaker 1>them around interest. So we made phrase into those areas

0:24:07.720 --> 0:24:11.000
<v Speaker 1>and they've they've served this quite well. We've we've said

0:24:11.000 --> 0:24:14.120
<v Speaker 1>over the years that we thought there was tremendous value

0:24:14.320 --> 0:24:16.919
<v Speaker 1>in in some of our talent, the true expertise that

0:24:16.960 --> 0:24:19.200
<v Speaker 1>we have, and so the research that we've done, in

0:24:19.240 --> 0:24:22.879
<v Speaker 1>the efforts that we've made that's helped inform where we

0:24:22.920 --> 0:24:26.240
<v Speaker 1>are now. We've had a number of different innovative efforts

0:24:26.240 --> 0:24:29.400
<v Speaker 1>that have given us a chance to try new products,

0:24:29.440 --> 0:24:32.640
<v Speaker 1>to to bring them to market, to serve different audiences,

0:24:32.720 --> 0:24:36.200
<v Speaker 1>and that's taught us something along the way. Um So again,

0:24:36.280 --> 0:24:38.440
<v Speaker 1>I I don't think we're living in a world and

0:24:38.480 --> 0:24:41.000
<v Speaker 1>by the way, I don't think the media industry in

0:24:41.080 --> 0:24:45.560
<v Speaker 1>general is living in a time where one day looks

0:24:45.640 --> 0:24:48.359
<v Speaker 1>like the next. And so I would say that there

0:24:48.359 --> 0:24:51.000
<v Speaker 1>have absolutely been fits and starts in our journey, but

0:24:51.080 --> 0:24:53.879
<v Speaker 1>each one has helped us get to where we are today.

0:24:55.280 --> 0:24:57.160
<v Speaker 1>You've said a number of times in this interview, there's

0:24:57.200 --> 0:25:01.600
<v Speaker 1>nothing like this. But if I may in the broad strokes,

0:25:02.080 --> 0:25:06.440
<v Speaker 1>is Fox Nation, Fox News his own uh streaming network

0:25:06.800 --> 0:25:09.360
<v Speaker 1>really all that different than what you're describing. I mean,

0:25:09.359 --> 0:25:13.280
<v Speaker 1>of course, ideologically it's completely different. But you know, they

0:25:13.320 --> 0:25:16.280
<v Speaker 1>took Tucker Carlson and they sort of extended what he

0:25:16.320 --> 0:25:18.600
<v Speaker 1>did on the streaming network. Maybe you'll do that with

0:25:18.720 --> 0:25:24.520
<v Speaker 1>Jake Tapper Anderson or whatever. So is that an unfair comparison? Yeah?

0:25:24.560 --> 0:25:29.200
<v Speaker 1>I mean, look, you know, ideology, propaganda, misinformation aside, right,

0:25:29.520 --> 0:25:32.199
<v Speaker 1>A big, big aster has gone that one. Yeah, no, no, like,

0:25:32.520 --> 0:25:36.040
<v Speaker 1>but but even put that aside, like, I understand why

0:25:36.200 --> 0:25:39.080
<v Speaker 1>you know they're doing what they're doing, and because from

0:25:39.080 --> 0:25:42.760
<v Speaker 1>a business perspective, they're trying to super serve a specific

0:25:42.800 --> 0:25:45.240
<v Speaker 1>audience and I get that UM in the in the

0:25:45.280 --> 0:25:48.040
<v Speaker 1>space that they're in. That that makes sense. But again

0:25:48.200 --> 0:25:50.360
<v Speaker 1>going back to what CNN Plus is, it as three

0:25:50.440 --> 0:25:53.880
<v Speaker 1>distinct components. So it has eight to twelve hours of

0:25:54.200 --> 0:25:57.359
<v Speaker 1>live programming days, so original programming that will drop daily

0:25:57.359 --> 0:26:00.879
<v Speaker 1>and weekly, some with our well known talent, some with others.

0:26:01.280 --> 0:26:04.000
<v Speaker 1>Then it will have this really extensive on demand library,

0:26:04.080 --> 0:26:07.360
<v Speaker 1>and we think that will be a differentiator. The third component, though,

0:26:07.359 --> 0:26:13.240
<v Speaker 1>which is truly unique, is we're building a capability within

0:26:13.240 --> 0:26:16.760
<v Speaker 1>the platform to allow our fans and followers to connect

0:26:17.000 --> 0:26:20.879
<v Speaker 1>directly UM with our talent and with our experts. Because

0:26:20.960 --> 0:26:22.760
<v Speaker 1>what we've found over the course of the last few

0:26:22.800 --> 0:26:26.280
<v Speaker 1>years is we've researched this, our audiences are desperate to

0:26:26.359 --> 0:26:29.080
<v Speaker 1>take part. They don't want to just be passive viewers,

0:26:29.359 --> 0:26:32.840
<v Speaker 1>they want to be active participants. So, for example, last year,

0:26:33.119 --> 0:26:36.280
<v Speaker 1>in the throes of COVID, we started doing a weekly

0:26:36.320 --> 0:26:40.239
<v Speaker 1>broadcast town halls with Sanjay and with Anderson UM and

0:26:40.440 --> 0:26:43.200
<v Speaker 1>questions poured in from viewers who wanted to take part.

0:26:43.520 --> 0:26:46.680
<v Speaker 1>So that's helped inform the product development UM to be

0:26:46.720 --> 0:26:48.480
<v Speaker 1>able to build the platform that we want and Again,

0:26:48.680 --> 0:26:51.640
<v Speaker 1>we've been investing in the kinds of technologists and product

0:26:51.720 --> 0:26:54.320
<v Speaker 1>leaders and marketing leaders that you need to grow a

0:26:54.359 --> 0:26:57.800
<v Speaker 1>subscription service. We think that will really help differentiate us.

0:26:58.040 --> 0:27:00.520
<v Speaker 1>And and look, the last thing I would say is

0:27:00.640 --> 0:27:05.080
<v Speaker 1>again totally understanding the why Fox has taken the path

0:27:05.160 --> 0:27:07.600
<v Speaker 1>that they have to serve that audience. This is a

0:27:07.640 --> 0:27:09.920
<v Speaker 1>news platform, as I said, They're they're trying to serve

0:27:09.960 --> 0:27:13.480
<v Speaker 1>as specific, specific niche audience, which which for them makes

0:27:13.520 --> 0:27:16.280
<v Speaker 1>good business sense. We're trying to build a global news

0:27:16.320 --> 0:27:19.640
<v Speaker 1>service and that's a little bit different. M hm. Well,

0:27:19.920 --> 0:27:23.959
<v Speaker 1>the community aspect of this, this interactive aspect, sounds fascinating,

0:27:24.000 --> 0:27:28.480
<v Speaker 1>also sounds technically difficult, are you guys. I mean it's

0:27:28.720 --> 0:27:31.040
<v Speaker 1>it's hard enough, as HBO, Max and others have seen,

0:27:31.080 --> 0:27:33.800
<v Speaker 1>just to keep the signal on for millions at a time.

0:27:34.119 --> 0:27:36.480
<v Speaker 1>Then when you've got another signal going the other way,

0:27:37.440 --> 0:27:41.440
<v Speaker 1>I mean I should ask is it complicated and how

0:27:41.480 --> 0:27:44.560
<v Speaker 1>central is it really to the experience of what CNN

0:27:44.600 --> 0:27:47.960
<v Speaker 1>Plus is. It's very essential to the experience. That's why

0:27:48.080 --> 0:27:51.439
<v Speaker 1>the experience has three components. Um In terms of it

0:27:51.480 --> 0:27:54.120
<v Speaker 1>being complicated, we're trying to build it as simply as

0:27:54.160 --> 0:27:57.560
<v Speaker 1>we can because look, we know not everything will go right.

0:27:57.960 --> 0:27:59.480
<v Speaker 1>You know, we're going to launch a product in the

0:27:59.480 --> 0:28:02.240
<v Speaker 1>first quarter of next year, and some things won't go right.

0:28:02.440 --> 0:28:04.920
<v Speaker 1>That's the way product development works. And again, it's it's

0:28:04.920 --> 0:28:08.679
<v Speaker 1>interesting because it's so contrary to the way we have

0:28:08.760 --> 0:28:11.000
<v Speaker 1>been taught in media. We've been taught in news to

0:28:11.080 --> 0:28:13.960
<v Speaker 1>operate right where you know, you you launch a show,

0:28:14.160 --> 0:28:17.040
<v Speaker 1>you launch a film, it's got to be perfect. That's

0:28:17.040 --> 0:28:20.080
<v Speaker 1>not the way product development goes. It's inherently iterative, and

0:28:20.400 --> 0:28:24.000
<v Speaker 1>so we expect things, uh. You know that we expect

0:28:24.040 --> 0:28:26.040
<v Speaker 1>we will launch the product and our customers will tell

0:28:26.119 --> 0:28:27.680
<v Speaker 1>us what they like and don't like, and so we're

0:28:27.720 --> 0:28:29.800
<v Speaker 1>constantly going to be iterating. But what I'll tell you

0:28:29.920 --> 0:28:33.320
<v Speaker 1>is we've had a team of engineers and developers uh

0:28:33.400 --> 0:28:36.520
<v Speaker 1>and product managers working on this component of the service

0:28:36.560 --> 0:28:38.440
<v Speaker 1>for a while and we think it's gonna be really

0:28:38.440 --> 0:28:42.400
<v Speaker 1>important because we think, again, that's what customers want. And

0:28:42.560 --> 0:28:44.440
<v Speaker 1>that's what I keep coming back to in this The

0:28:44.520 --> 0:28:48.080
<v Speaker 1>success of this service will be predicated on whether we

0:28:48.160 --> 0:28:51.720
<v Speaker 1>create something that is of such value that our customers

0:28:51.720 --> 0:28:53.600
<v Speaker 1>want it from us. And we know that this is

0:28:53.640 --> 0:28:57.920
<v Speaker 1>something that our customers want another technical question for you

0:28:58.840 --> 0:29:00.840
<v Speaker 1>the app is see an N plus going to have

0:29:01.000 --> 0:29:04.880
<v Speaker 1>its own app or is it part of the CNN app?

0:29:04.920 --> 0:29:07.720
<v Speaker 1>How does that work? So it's a great question. You'll

0:29:07.760 --> 0:29:11.400
<v Speaker 1>you'll be able to access CNN Plus through the CNN app.

0:29:11.480 --> 0:29:15.840
<v Speaker 1>It's it's one app on mobile, also available on desktop,

0:29:15.960 --> 0:29:19.480
<v Speaker 1>also available on connected TV devices, um, And so you'll

0:29:19.480 --> 0:29:21.840
<v Speaker 1>be able to access Cnnplus through that experience. What I

0:29:21.840 --> 0:29:24.760
<v Speaker 1>should also say is, if you're a current cable or

0:29:24.800 --> 0:29:28.920
<v Speaker 1>broadband you know, pay TV subscriber and you're used to accessing,

0:29:29.240 --> 0:29:33.920
<v Speaker 1>uh the the CNN linear streams with your authenticated password,

0:29:34.400 --> 0:29:36.440
<v Speaker 1>you know, as you've done for several years, You'll still

0:29:36.440 --> 0:29:39.280
<v Speaker 1>be able to do that within the CNN app. But

0:29:39.360 --> 0:29:43.280
<v Speaker 1>the CNN Plus experience will be UM will be additive

0:29:43.400 --> 0:29:49.160
<v Speaker 1>and available only to subscribers. Speaking of pay TV providers,

0:29:49.200 --> 0:29:53.720
<v Speaker 1>I'm curious, you know, has there been any outreach to

0:29:53.800 --> 0:29:57.400
<v Speaker 1>them in terms of clearing the fact that you're going

0:29:57.440 --> 0:30:00.600
<v Speaker 1>to be doing this because I one, or how they're

0:30:00.640 --> 0:30:02.400
<v Speaker 1>going to react if they're going to feel that you

0:30:02.440 --> 0:30:05.640
<v Speaker 1>could end up cannibalizing what they're paying you good money

0:30:05.640 --> 0:30:09.600
<v Speaker 1>to put on the air. Look, those those conversations are

0:30:09.640 --> 0:30:13.160
<v Speaker 1>really important. Those relationships are really important, and at the

0:30:13.200 --> 0:30:17.520
<v Speaker 1>heart of it is, you know, are linear television networks

0:30:17.560 --> 0:30:20.640
<v Speaker 1>are really important And as I said before, we we

0:30:20.720 --> 0:30:23.400
<v Speaker 1>are in the strongest position that we've ever been, and

0:30:23.440 --> 0:30:26.360
<v Speaker 1>the commitment is for us to continue to invest in

0:30:26.400 --> 0:30:29.239
<v Speaker 1>our linear networks, to continue to keep them strong and

0:30:29.240 --> 0:30:32.000
<v Speaker 1>to keep them distinct. And that's again, it's really important

0:30:32.000 --> 0:30:35.520
<v Speaker 1>for us because we think that's part of the advantage

0:30:35.520 --> 0:30:37.760
<v Speaker 1>that we have here. We have a really strong and

0:30:37.800 --> 0:30:41.600
<v Speaker 1>thriving linear business, we have a really strong digital business,

0:30:41.920 --> 0:30:43.720
<v Speaker 1>and now we're going to have a really strong direct

0:30:43.720 --> 0:30:47.040
<v Speaker 1>to consumer offering. And we think having those three symbiotic

0:30:47.200 --> 0:30:51.840
<v Speaker 1>is really important because again, like we we are at

0:30:51.840 --> 0:30:55.240
<v Speaker 1>a place right now in our evolution where we're entering

0:30:55.280 --> 0:30:59.560
<v Speaker 1>this new space from a position of strength, and that's important. Um,

0:30:59.600 --> 0:31:01.920
<v Speaker 1>it's when you have a thriving business, it's when you

0:31:02.040 --> 0:31:04.960
<v Speaker 1>have a strong legacy, that's when you can really push it,

0:31:05.000 --> 0:31:08.240
<v Speaker 1>that's when you can evolve the business. So, UM, we're

0:31:08.240 --> 0:31:11.360
<v Speaker 1>really not worried about the impact because our commitment to

0:31:12.000 --> 0:31:14.360
<v Speaker 1>our linear networks are as strong as they've ever been.

0:31:15.000 --> 0:31:17.080
<v Speaker 1>But to put a finer point on this, do you

0:31:17.160 --> 0:31:21.200
<v Speaker 1>have the blessing of pay TV providers to do CNN Plus.

0:31:22.680 --> 0:31:25.120
<v Speaker 1>We're going to have the right conversations at the right

0:31:25.160 --> 0:31:27.600
<v Speaker 1>time with all of our partners to ensure that the

0:31:27.640 --> 0:31:30.360
<v Speaker 1>relationships that we have remain as strong as they've ever been.

0:31:30.440 --> 0:31:33.600
<v Speaker 1>Look especially by the way as we launch CNN Plus,

0:31:34.200 --> 0:31:38.000
<v Speaker 1>really strong partnership with our cable and provision will be

0:31:38.000 --> 0:31:40.160
<v Speaker 1>beneficial to see ann Plus as well, and I think

0:31:40.160 --> 0:31:45.360
<v Speaker 1>they will be beneficial um to our our distribution partners um.

0:31:45.400 --> 0:31:47.920
<v Speaker 1>It's really important that we have the right conversations at

0:31:47.920 --> 0:31:51.880
<v Speaker 1>the right times, um, because these products that we're gonna

0:31:51.960 --> 0:31:55.040
<v Speaker 1>have can live, can live in real harmony, and they

0:31:55.040 --> 0:31:58.400
<v Speaker 1>can serve audiences. They can serve our partners um in

0:31:58.440 --> 0:32:01.560
<v Speaker 1>a really effective way. You know, I raised the prospect

0:32:01.600 --> 0:32:06.120
<v Speaker 1>of cannibalization, which in success you could argue, you know,

0:32:06.520 --> 0:32:10.840
<v Speaker 1>you will hurt CNN ratings, which, yes, you're coming off

0:32:10.880 --> 0:32:13.720
<v Speaker 1>your most successful year, but one has been a year

0:32:13.720 --> 0:32:17.160
<v Speaker 1>of decline for just about everybody in this business, coming

0:32:17.200 --> 0:32:20.800
<v Speaker 1>off maybe the Trump bump. Uh So are you guys

0:32:20.840 --> 0:32:26.640
<v Speaker 1>anticipating something like that? No, again, because the content is

0:32:26.640 --> 0:32:28.760
<v Speaker 1>going to be so different, the experience is going to

0:32:28.840 --> 0:32:31.719
<v Speaker 1>be so different, the value proposition will be so different

0:32:31.760 --> 0:32:35.080
<v Speaker 1>that I'm not worried about cannibalization. I think if you

0:32:35.160 --> 0:32:38.800
<v Speaker 1>are used to turning on CNN to watch CNN for

0:32:38.840 --> 0:32:41.680
<v Speaker 1>specific reasons, you're going to continue to do that. And

0:32:41.720 --> 0:32:44.400
<v Speaker 1>I think as you get introduced to CNN Plus and

0:32:44.440 --> 0:32:47.240
<v Speaker 1>the original program that we have, whether it's faces the

0:32:47.320 --> 0:32:51.480
<v Speaker 1>you're familiar with but in in unfamiliar ways, or whether

0:32:51.520 --> 0:32:54.280
<v Speaker 1>it's a host of new talent and and new formats

0:32:54.280 --> 0:32:56.600
<v Speaker 1>and new programming, I think you will find it to

0:32:56.640 --> 0:33:00.960
<v Speaker 1>be a really distinctive experience. One last question, you've you've

0:33:01.040 --> 0:33:06.320
<v Speaker 1>you've made your announcement today, these initial details. What other

0:33:06.400 --> 0:33:09.000
<v Speaker 1>shoes should we expect to drop in the coming months.

0:33:09.040 --> 0:33:11.680
<v Speaker 1>What are you looking to get out there before U

0:33:12.600 --> 0:33:16.840
<v Speaker 1>the full launch finally happens. Well, look, I think over

0:33:16.880 --> 0:33:20.200
<v Speaker 1>the course of the next few months, you can expect

0:33:20.920 --> 0:33:24.080
<v Speaker 1>lots of exciting announcements about new talent. I think you

0:33:24.120 --> 0:33:29.280
<v Speaker 1>can expect lots of announcements about new programming, m about partnerships.

0:33:29.640 --> 0:33:32.440
<v Speaker 1>At some point we will be ready to start talking

0:33:32.440 --> 0:33:35.600
<v Speaker 1>to customers about what the service will cost. Um As

0:33:35.680 --> 0:33:39.080
<v Speaker 1>as we continue to UH, we continue to to focus

0:33:39.080 --> 0:33:45.160
<v Speaker 1>on that. So um, we're incredibly excited about this UM today.

0:33:45.240 --> 0:33:49.800
<v Speaker 1>And you know, I think you should expect a fairly

0:33:49.840 --> 0:33:52.560
<v Speaker 1>regular drumbeat from us as we get closer to our

0:33:52.640 --> 0:33:55.840
<v Speaker 1>launch UM with lots of different lots of different details.

0:33:55.920 --> 0:33:58.120
<v Speaker 1>And for us, as I said earlier, I mean this

0:33:58.240 --> 0:34:02.480
<v Speaker 1>is it's taking UH effort from people all across the company.

0:34:02.920 --> 0:34:07.360
<v Speaker 1>It has the support and enthusiasm up and down the line. UM.

0:34:07.360 --> 0:34:10.880
<v Speaker 1>You know this isn't if you think about where the

0:34:10.880 --> 0:34:12.919
<v Speaker 1>the industry is right now, like it's not a time

0:34:12.960 --> 0:34:16.080
<v Speaker 1>for half measures. You know, it's a time to take

0:34:16.360 --> 0:34:19.440
<v Speaker 1>big swings and big bets. And so I think as

0:34:19.440 --> 0:34:22.120
<v Speaker 1>you start hearing more about CNN Plus over the next

0:34:22.160 --> 0:34:25.759
<v Speaker 1>few months, I think people will really start to get

0:34:25.760 --> 0:34:28.359
<v Speaker 1>a sense of how big our ambitions are and how

0:34:28.400 --> 0:34:32.200
<v Speaker 1>significant this service UH will be and frankly, UH the

0:34:32.239 --> 0:34:34.520
<v Speaker 1>place that that we really hope it has in the

0:34:34.560 --> 0:34:38.120
<v Speaker 1>lives of our consumers every day, because that's ultimately who

0:34:38.120 --> 0:34:41.240
<v Speaker 1>we're here to serve. Well, nothing more exciting to watch

0:34:41.239 --> 0:34:44.799
<v Speaker 1>than a big swing looking forward to CNN Plus and

0:34:44.800 --> 0:34:47.560
<v Speaker 1>and everything that comes with it. Best of luck on

0:34:47.560 --> 0:34:50.879
<v Speaker 1>this Andrew really appreciate Andrew, thanks for taking the time

0:34:50.920 --> 0:35:00.440
<v Speaker 1>to chat. This has been another episode of Strictly Business.

0:35:00.560 --> 0:35:03.799
<v Speaker 1>Tune in next week for another helping of scintillating conversation

0:35:03.920 --> 0:35:06.480
<v Speaker 1>with media movers and shakers, and please make sure you

0:35:06.520 --> 0:35:09.960
<v Speaker 1>subscribe to the podcast to hear future episodes. Also, leave

0:35:10.000 --> 0:35:12.879
<v Speaker 1>a review in Apple Podcasts and let us know how

0:35:12.880 --> 0:35:13.319
<v Speaker 1>we're doing