CNN to Launch Digital News Service to Compete With Facebook, Apple

CNN to Launch Digital News Service to Compete With Facebook, Apple

First there was Knewz. Now there is “Newsco.” Media companies are ramping up their efforts to take on Facebook and Apple with digital news services.

Just a few months after Rupert Murdoch’s News Corp. announced it was developing Knewz.com, a news aggregation service offering articles from a wide range of outlets, CNN is jumping in with its own offering. Not yet named, but referred to internally as “NewsCo,” CNN is discussing paying news organizations to feature their content on the platform, which will likely be a mix of subscription-based and advertising-based content, according to CNN digital chief Andrew Morse.