The timeline for layoffs at CNN will be early December, and some parts of the news organization will still be hiring, CEO Chris Licht told staff Tuesday.
Production companies that can create compelling non-scripted sports-themed
content are in high demand with both streamers and sports leagues seeking to
engage new audiences and broaden fan bases.
Comcast-owned NBCUniversal is set to reduce headcount in early 2023 to hit
budget targets, following hundreds of layoffs at Netflix, Warner Bros.
Discovery, and Paramount.
CNN CEO Chris Licht sent a note to employees confirming layoffs this week. Paid contributors who are being cut will be the first notified; employees will learn their fate Thursday.
Newsmax is competing with Fox News for conservative audiences, CEO Chris Ruddy
says, but has no plans to endorse Donald Trump or Ron DeSantis in the 2024
presidential race.
Disney is expected to acquire Comcast’s 33% share of Hulu in early 2024, but the
final price tag is still in question, and Comcast insiders hope that Disney CEO
Bob Iger will be open to additional deal points.
Deirdre Findlay will depart Condé Nast in January. Marketing consultant Glenn Eisen, who was brought on by CEO Roger Lynch in February, will “lead the team through the transition,” per Findlay’s memo to staff.
Insider identified 20 accomplished producers, marketers, and product pros who
are free agents after cuts at parent company Warner Bros. Discovery and a
reorganization by CNN CEO Chris Licht.
Media outfits like Paramount are reducing ad sales staffers that sell against TV shows and day-parts. Buys driven by automation are replacing personal sales relationships.
After enacting consumer privacy efforts, Apple is looking to grow its advertising revenue and has hired a recruitment firm to conduct a search for executives with TV and streaming ad sales experience.
Len Blavatnik’s DAZN was knocked off course by the shutdown in global sports during the pandemic but now the company is blazing a trail in a field that’s getting more competitive every day.
Oliver Schusser, who has grown Apple Music in the US and overseas, will take on business functions at Apple TV+ as part of a reorganization under SVP Services Eddy Cue.
Robert Thomson’s email to News Corp staffers said he wants managers enforcing a back-to-work schedule at the company’s New York Midtown headquarters “to enhance productivity and creativity.”
Meet the top corporate, creative, and business leaders charged with executing CEO Zaslav’s strategy to prove the value of the $43 billion merger between WarnerMedia and Discovery.
Bob Iger has spent the months since he returned to Disney as CEO poring over the books and speaking to staff. Now he’s set to lift the curtain on his strategy to bring the magic back.
In a wide-ranging conversation, Sony Pictures film chairman Tom Rothman talked about the benefits of his studio’s “arms dealer” status and how he’s competing against deep-pocketed tech rivals.