Tag: media layoffs

Ask Skip calls out legacy media for faking transformation while quietly executing a slow-motion collapse. Instead of real strategic pivots, companies are slashing costs, consolidating teams, and staging investor theater—all to buy time until an acquisition. True reinvention would require…

Warner Bros. Discovery just axed dozens from its linear networks division, quietly admitting cable’s a sinking ship. Meanwhile, nearly 60% of shareholders told David Zaslav to shove his $52 million payday, voting against his comp package. Between layoffs, a junk…

Variety discusses how this year’s TV upfronts were steeped in irony and anxiety, with media giants putting on a confident face despite industry-wide budget cuts, layoffs, and shifting strategies. Live sports dominated pitches, scripted TV continued to shrink on broadcast,…

Disney has cut 200 jobs across ABC News and its entertainment networks, shutting down FiveThirtyEight and consolidating teams. A+E Networks is rebranding as A+E Global Media, ditching its cable-era baggage to go all-in on streaming, FAST, and digital content. While…

Disney has laid off 300 U.S. employees in corporate roles as part of cost-cutting efforts, with Parks, ESPN, and Disney Entertainment Television unaffected. This follows similar layoffs across the media industry, including Paramount and Fox, as companies respond to a…