by Jim Hᴏft at thegatewaypundit.com
Another loss for woke CNN.
CNN Philippines, one of the local franchises in Asia, is set to cease operations nearly nine years after its inception, GMA News Network reported.
CNN Philippines is a free-to-air television network in the Philippines that provides news and information. It’s the only predominantly English-language channel on free-to-air television in the Philippines. It’s also available on cable and pay television.
The network, which has been operating at a financial deficit, resulting in losses exceeding almost $90 million, will be making a formal announcement this coming Monday, according to an official from CNN Philippines.