Struggling CNN, ABC Slash Jobs And Major Departments

[240B]

Struggling CNN, ABC Slash Jobs And Major Departments

Trending Politics
Mark Steffen
August 1, 2024

Two of the largest mainstream media outlets are slashing jobs and shuttering major departments in a bid to cut costs as viewers increasingly tune out from their liberal news coverage.

ABC and CNN, both of which have struggled with sluggish ratings in recent months, are putting some prime positions on the chopping block, according to The Hill and New York Post. ABC’s parent company Disney has ordered the news network’s “Good Morning America” show to find a stunning $19 million in savings however it can despite being one of its top-rated programs. That figure is up from an originally projected need of $17 million in savings and must be completed by the end of the fiscal quarter on September 30th, according to insiders who spoke with the Post.

In addition, Disney is looking to pare back its staff at other cable networks NatGeo and Freeform by a combined 140 positions. The cuts may come as a slap in the face to low-level employees; sources say the eight-figure salaries of ABC’s top reporters — including Robin Roberts, Michael Strahan and George Stephanopoulos — aren’t expected to be touched. Instead, it’s behind-the-scenes bookers and producers who will be let go. “They all have contracts, so there will be no cut at that level,” a former ABC News exec said of the hosts, who are estimated to make between $17 million and $18 million each. “But they will have to cut jobs.”

Over at CNN, the once “most trusted name in news” will be winding down its entire opinion section. One opinion editor announcing the news wished his former colleagues the best and wrote down their hope that the team’s “paths cross elsewhere,” — a bittersweet farewell that portends more job cuts. “Just a quick note to let you know that unfortunately CNN has decided to shut down the opinion section,” an opinion editor sent in an email obtained by The Hill. “I hope our paths cross elsewhere!” CNN confirmed the shuttering of the section but did not elaborate on rumors of staff reductions. “We did make the decision at the beginning of the month to sunset the opinion vertical on CNN.com; as a result, we will no longer have a standalone Opinion section,” a spokesperson said in the statement.

(more)
https://trendingpoliticsnews.com/just-in-cnn-abc-slash-jobs-and-major-departments-mstef/

[240B]

It is a little bit more than ironic that a foundational channel which calls itself "news" would do layoffs right in the middle of the most insane upside-down twisty turny Presidential election ever in American history. Fox News is blasting through the roof with viewers and these poor guys are doing "a strategic reduction of staff" at the exact time the whole fu*king world is blowing up every day.

But, Leftists do not care about sacrificing money for agenda. We have seen that clearly in Hollywood and with Disney. They are ready to 'go down with the ship' if they have to, before they will ever change their Marxist Leftist agendas.

They are trying to sell a product which nobody wants. And they will sell it at any cost. Or they will die trying!

Onward Comrades! Onward into the abyss! Give me Marxist Totalitarianism or give me Death!!

[DCPatriot]

It is a little bit more than ironic that a foundational channel which calls itself "news" would do layoffs right in the middle of the most insane upside-down twisty turny Presidential election ever in American history. Fox News is blasting through the roof with viewers and these poor guys are doing "a strategic reduction of staff" at the exact time the whole fu*king world is blowing up every day.

But, Leftists do not care about sacrificing money for agenda. We have seen that clearly in Hollywood and with Disney. They are ready to 'go down with the ship' if they have to, before they will ever change their Marxist Leftist agendas.

They are trying to sell a product which nobody wants. And they will sell it at any cost. Or they will die trying!

Onward Comrades! Onward into the abyss! Give me Marxist Totalitarianism or give me Death!!

@240B

WORD!!  

[roamer_1]

Nobody's listening.

[Cyber Liberty]

Nobody's listening.

Yeah, I am not inclined to notice these changes.   

[roamer_1]

Yeah, I am not inclined to notice these changes.   

Me neither. I ain't hit any sort of major news channel in months and months. Dang near did over the assassination attempt, but the news was so shitty there was no point. I already had the big news narrative from reading articles here... and all the juicy bits sure as hell weren't coming from the major media.

[Smokin Joe]

It is a little bit more than ironic that a foundational channel which calls itself "news" would do layoffs right in the middle of the most insane upside-down twisty turny Presidential election ever in American history. Fox News is blasting through the roof with viewers and these poor guys are doing "a strategic reduction of staff" at the exact time the whole fu*king world is blowing up every day.

But, Leftists do not care about sacrificing money for agenda. We have seen that clearly in Hollywood and with Disney. They are ready to 'go down with the ship' if they have to, before they will ever change their Marxist Leftist agendas.

They are trying to sell a product which nobody wants. And they will sell it at any cost. Or they will die trying!

Onward Comrades! Onward into the abyss! Give me Marxist Totalitarianism or give me Death!!

Maybe they don't think they will need any more commentators, because the election is a lock. (Fraud is in place and ready to go, with algorithms that can't be beat.)

[Smokin Joe]

Me neither. I ain't hit any sort of major news channel in months and months. Dang near did over the assassination attempt, but the news was so shitty there was no point. I already had the big news narrative from reading articles here... and all the juicy bits sure as hell weren't coming from the major media.

True!

[goatprairie]

I hold no brief for the frequently irritating or biased alphabet news networks, but I'm wondering if a lot of their problems stem from the fact that a very large percentage of generation Z is totally uninterested in current events. That goes for a lot of millennials as well.
When my daughters, sons-in-law, and grandkids come to visit, they spend most of their time looking at their cell-phones, texting friends, or playing games. None of them read non-fiction books or seem interested in the world outside their bubble.
So, it's good and it's bad about news orgs losing viewers/listeners. I'm not crying about the alphabet news networks (that I don't watch anymore) losing their audience.
I am worried that an uninterested young generations are bereft of the information they'll need to keep America the greatest country in the world.

[Bigun]

Struggling CNN, ABC Slash Jobs And Major Departments

Trending Politics
Mark Steffen
August 1, 2024

Two of the largest mainstream media outlets are slashing jobs and shuttering major departments in a bid to cut costs as viewers increasingly tune out from their liberal news coverage.

 

ABC and CNN, both of which have struggled with sluggish ratings in recent months, are putting some prime positions on the chopping block, according to The Hill and New York Post. ABC’s parent company Disney has ordered the news network’s “Good Morning America” show to find a stunning $19 million in savings however it can despite being one of its top-rated programs. That figure is up from an originally projected need of $17 million in savings and must be completed by the end of the fiscal quarter on September 30th, according to insiders who spoke with the Post.



In addition, Disney is looking to pare back its staff at other cable networks NatGeo and Freeform by a combined 140 positions. The cuts may come as a slap in the face to low-level employees; sources say the eight-figure salaries of ABC’s top reporters — including Robin Roberts, Michael Strahan and George Stephanopoulos — aren’t expected to be touched. Instead, it’s behind-the-scenes bookers and producers who will be let go. “They all have contracts, so there will be no cut at that level,” a former ABC News exec said of the hosts, who are estimated to make between $17 million and $18 million each. “But they will have to cut jobs.”

Over at CNN, the once “most trusted name in news” will be winding down its entire opinion section. One opinion editor announcing the news wished his former colleagues the best and wrote down their hope that the team’s “paths cross elsewhere,” — a bittersweet farewell that portends more job cuts. “Just a quick note to let you know that unfortunately CNN has decided to shut down the opinion section,” an opinion editor sent in an email obtained by The Hill. “I hope our paths cross elsewhere!” CNN confirmed the shuttering of the section but did not elaborate on rumors of staff reductions. “We did make the decision at the beginning of the month to sunset the opinion vertical on CNN.com; as a result, we will no longer have a standalone Opinion section,” a spokesperson said in the statement.

(more)
https://trendingpoliticsnews.com/just-in-cnn-abc-slash-jobs-and-major-departments-mstef/

[Cyber Liberty]

I think I might know some of the people getting the ax at Intel.  There are people I knew when I lived near their Fab in Chandler.