Jon Rappaport

This is a good one, folks.

The word is, CNN has so far spent $250 MILLION on its new + subscription service, which features Chris Wallace, whom they lured away from FOX.

Wallace has steam coming out of every orifice as he notes the + service has fewer than 10,000 subscribers.

It’s not just a flop, it’s a house that burned down to the ground the day after it was built, and the ashes have already been swept away.

Check my math. I calculate CNN has spent 25 thousand dollars for every subscriber to +. Each subscriber pays six bucks a month for the service.

Meanwhile, a number of substack writers have more subscribers than CNN+, for whom these substack writers have spent virtually nothing.

https://jonrappoport.substack.com/p/cnn-vs-substack-no-contest-and-heres?token=eyJ1c2VyX2lkIjo0MTgxOTE1MiwicG9zdF9pZCI6NTIyNzA5NDgsIl8iOiJDSFVKdSIsImlhdCI6MTY1MDAyNzcxMCwiZXhwIjoxNjUwMDMxMzEwLCJpc3MiOiJwdWItODA2NTQ2Iiwic3ViIjoicG9zdC1yZWFjdGlvbiJ9.fUREkTnxIdkMDiQgBiJEPuGBcE-DtsCDqK-gApc3z5k&s=r