CNN employees are in for a rough week as the news network’s chief, Chris Licht, told staff to prepare for a round of layoffs.
Like the rest of the traditional TV business, CNN is also looking at a future with slowed growth in pay TV subscription revenue and a softening advertising market. Contributors are not employees but are under contract to serve as talking heads or experts appearing exclusively on the network. Most are kept on an annual retainer and are paid in the low six-figures. Bigger names earn as much as $500,000 a year.
Maybe even your company. Musk showed that it's possible to save money by dumping activists.
They made a hard right turn and lost credibility and viewers
CNN decided to turn into Fox News II. They lost credibility so advertisers aren’t interested in only marketing to MAGA viewers. Ford trucks, Pabst’s Beer and gun retailers might be good for CNN to get ad income.
Lol “all the signs say recession but it’s not that”
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Layoffs Begin at CNN Amid Warner Bros. Discovery Cost-Cutting Plan'It will be a difficult time for everyone,' CNN EO Chris Licht told staff in an email Wednesday. MichelArouca Learn to Code!
Source: THR - 🏆 411. / 53 Read more »
DC Animation Deal With Amazon In The Works, Reveals Warner Bros. TV ExecDC TV Chair Channing Dungey reveals a new animation deal with Amazon is in the works 👀 'HBO Max is the first stop but we are in the process of closing a big deal with Amazon featuring DC branded content in animation.' 😱 JamesGunn will this be the animated content that will be connected to the DCU- or is it something too early to tell? Here's a fun fact: The Boys was originally published by WildStorm (DC Comics), before being cancelled after its first volume, and revived by Dynamite Entertainment.
Source: screenrant - 🏆 7. / 94 Read more »
Warner Bros. Television Studios Close To Striking Animation Deal With Amazon For DC-Branded ContentWarner Bros. Television Studios is in the process of closing a major animation deal with Amazon for DC-branded content, according to Channing Dungey. Dungey teased the news at Content London, stati… Renew Young Justice then. Whatever. Amazon it is. RiseFromSilence JamesGunn is this true? I can't trust any one but you now
Source: DEADLINE - 🏆 109. / 63 Read more »
Warner Bros. TV Boss Channing Dungey Says There’s ‘A Lot of Interest’ in Harry Potter SeriesWarner Bros. TV group boss Channing Dungey has said there is a “tremendous amount of ambition” for a Harry Potter TV series. Responding to Variety’s question about whether a TV pr… Ma'am, there's really not. Harry Potter. No A totally different story at Hogwarts. YES. As long as JK is locked out of the writers room I'm down
Source: Variety - 🏆 108. / 63 Read more »
Warner Bros. TV has 'a lot of interest' in a Harry Potter seriesWBTV boss Channing Dungey says there's 'a tremendous amount of ambition' to get the Wizarding World on television Hard pass. stop 🛑 The first 2 movies were the only good ones so I'm all for this.
Source: TheAVClub - 🏆 340. / 59 Read more »
Warner Bros. Executive Gives Update on Harry Potter TV SeriesWarner Bros. TV group boss Channing Dungey has said the company is having more discussions on expanding its Harry Potter television catalog.
Source: comingsoonnet - 🏆 578. / 51 Read more »