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CNN to launch $6.99 “All Access” streaming subscription on October 28

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CNN will debut a new $6.99-per-month subscription tier called “All Access” on October 28, marking its latest move into streaming three years after Warner Bros Discovery shut down CNN+.

The new U.S.-only service will combine live and on-demand video programming with full access to CNN.com articles and a library of CNN Originals, the network said on Thursday. The “All Access” package expands on CNN’s existing Basic tier, which launched last year and offers unlimited digital content and subscriber-only articles.

Current pay-TV subscribers will be able to log in to the new service at no extra cost, while digital-only users can subscribe monthly or opt for an annual plan at $69.99, discounted to $41.99 for the first year if purchased by January 5.

CNN CEO Mark Thompson, the former New York Times executive credited with driving its digital transformation, has been pushing to modernize CNN’s business as Warner Bros Discovery seeks to offset falling cable revenue and refocus on streaming.

“This is an essential step in CNN’s evolution,” said Alex MacCallum, CNN’s executive vice president for digital products and services.

The launch comes as rival Fox Corp rolled out its own subscription-based service, Fox One, in August for $19.99 per month, signaling intensifying competition for paid digital news audiences.

Fox Surpasses Quarterly Estimates, Increases Buyback Authorization by $5 Billion

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Fox Corp (FOXA.O) reported quarterly revenue and profit that exceeded Wall Street expectations, driven by strong advertising growth, rising affiliate fees, and the expanding audience of its free ad-supported streaming service, Tubi. The company also announced an increase of $5 billion to its share repurchase authorization.

In the fiscal fourth quarter, revenue from affiliate fees rose 2.6%, supported by growth across both cable and television segments. Despite challenging comparisons with last year’s major international sports events like Copa America and the UEFA European Championship, Fox benefited from improving advertising trends. Advertising revenue grew 7.1%, fueled primarily by digital growth led by Tubi and higher news ratings and pricing.

Tubi’s growth strengthens Fox’s position in the fast-expanding ad-supported streaming sector, attracting younger, cord-cutting viewers who are less reachable via traditional TV. Building on this momentum, Fox plans to launch a subscription-based streaming service, Fox One, on August 21 at $19.99 per month to extend its reach beyond cable TV.

In June, Fox expanded its sports broadcasting footprint in Mexico by acquiring Caliente TV, a sports-focused streaming platform and television channel.

Fox’s total revenue for the quarter rose 6.3% to $3.29 billion, beating estimates of $3.12 billion. The cable network programming unit posted nearly 7% revenue growth to $1.53 billion amid the ongoing shift to digital streaming.

Adjusted earnings per share came in at $1.27, surpassing analysts’ estimates of 99 cents.