Cable cord-cutting and a decline in revenue led to a significant workforce reduction at the Warner Bros. Discovery unit while new employees are hired for digital efforts.
Both CNN and NBC News are planning layoffs this week as newsrooms transition away from linear TV toward digital audiences.
Warner Bros Discovery-owned CNN will lay off about 6% of its workforce as the TV news outlet continues to shift its focus toward a more digital-centric strategy, according to an internal memo seen by ...
Mark Thompson has promised to reinvent CNN since he arrived in 2023. Now, he is remaking the network’s TV lineup and its work force.
CNN is cutting about 200 jobs as it focuses on a digital future, the network announced today, while its CEO Mark Thompson unveiled plans for a new subscription streaming service. In a memo to staffers ...
CNN CEO Mark Thompson announced the restructuring Thursday morning. CNN on Thursday announced major layoffs and a new ...
"The themes of 2025 will in many ways be continuations of the themes of 2024, and for several media companies, that is ...
The competition is strong — this is the teen-centered network that gave us hits like ‘Buffy,’ ‘Dawson’s Creek,’ and ‘Gilmore Girls.’ ...
After complaints from cable providers and several U.S. senators, ESPN, Fox, and Warner Bros. decided not to launch a planned ...
After careful consideration, we have collectively agreed to discontinue the Venu Sports joint venture and not launch the ...
The dissolution of Venu is the latest development in the landscape of live sports, which has become fragmented amid the rise of streaming TV.
LONG LIVE THE COBBLES! ", reports the Liverpool Echo. Gogglebox star Izzi Warner, known for her candid opinions on the Channel 4 show, expressed her disappointment at the news, commenting ...