CNN Philippines is set to shut down its operations starting Wednesday, January 31, due to “significant” financial losses reported in the past years, its operator Nine Media Corp. announced Monday.
CNN Philippines will be discontinuing its news and production operations on all media platforms from January 31, according to Nine Media Corporation (NMC).
PressOne.ph’s Manuel Mogato shared his perspective regarding the downsizing of journalism in the Philippines and across the world due to COVID, government machinations, and the news media industry’s longer and slower learning curve on how to efficiently deliver the news.