Posted on 08/31/2017 6:36:01 AM PDT by C19fan
Disney is eyeing ways to cut as much as 10% in annual costs at its Disney/ABC Television Group as part of a restructuring that will include layoffs.
(Excerpt) Read more at deadline.com ...
Aswwww. Corporate PC posturing and BS will cost some people their jobs. Sorry your bosses are such dumbasses folks. Lucky for them, they’ll probably still have their jobs.
A long time ago in a galaxy far far away, I respected the Disney group.
ESPN, the liberal sports network will continue bleeding subscribers.
“But the ESPN has massive fixed costs due to the contracts they signed with various sports leagues including $1.5 billion a year for the NBA. “
Is every sports TV outlet run by idiots? I would love to lock in fixed cost contracts at the high point of the market - on the get paid side of the equitation.
Agreed.
They’ve already had an absolute bloodbath of the last 12 months with contracts not renewed, terminated, old-timers forced out, etc.
There is open talk that Bristol operations is essentially an intern program now with salaries so low that ESPN must provide its own buses and routes because the employees can’t afford vehicles.
Charlotte is down to Finebaum, a cameraman and a sound engineer and a few college football writers who are mostly on the road.
They’re outsourcing production help whenever and wherever they can but in many instances union regs don’t permit them to do so.
In sum, it’s difficult to see where additional reductions can take place. I was about to include the disclaimer ‘without quality suffering’ but except for an HD picture there is little quality about anything ESPN these days.
The NBA contract is a recursive nightmare. Because they have so much invested, they cover a league with 80 games/season as if every night is the Super Bowl. Offhand remarks, tweets and raised eyebrows are given blanket coverage and are fodder for ESPN’s especially odious brand of faux outrage and fatuous debate. Unfortunately, there are plenty of gullible masses who obsess over someone else’s contract, house, brand of sneakers, etc.
I suppose the most bizarre aspect is that these players’ openly-stated and openly-pursued goal is to spend as little time as possible on a campus of higher learning. In fact, going straight to the NBA is viewed as a badge of honor and superior talent. It may be, in fact, but that doesn’t change the fact that we are told repeatedly that the intentionally ignorant (in the strict dictionary definition sense of the word) are the most interesting, consequential athletes on the planet.
I laugh at their money problems! Hahaha.
Interesting juxtaposition of this news coming out at the same time as the Disney Company pushes a “Day of Caring” for donations to support Hurricane/TS Harvey disaster recovery.
Thanks for the good news.
Ebb and tide. Businesses are on constant flux of hiring and laying off.
Disney might wish to consider pandering to the 2% LBGTXYZWHATVER crowd might not be a great business plan.
ESPN is so hapless. They insist on foisting a the awful SC6 on viewers with 2 race inspired hosts.
Like Gomez Addams I love the train wreck ESPN has become.
They can probably automate or simply do not need so many on the payroll. In 2008 they used that as a massive purge of dead weight. How many leftwing news readers do they really need? If cameras are all remote controlled who needs the cameraman?
From 2016: Disney’s fairy-tale drama Once Upon a Time featured its first same-sex relationship during Sunday night’s episode, when Ruby (Meghan Ory) travels to the Underworld to track down and save Dorothy (Teri Reeves) from the villainous Wicked Witch (Rebecca Mader).
Disney might wish to consider pandering to the 2% LBGTXYZWHATVER crowd might not be a great business plan.””
As a life-long bookkeeper, I would have thought that ANY USA business worth it’s salt would have learned a lesson from Target & their pandering & embracing of the LBGT community. Those moves have just about killed Target.
Guess some people are just slow learners....Walt Disney must be flipping circles in his grave.
The NFL is following the Target, ESPN, Disney model into oblivion. They don’t realize it yet but the NFL will be dead before Super Bowl 90. The left has declared war on it because it is uniquely American. ESPN, Fox Sports, CBS, ABC, NBC Sports all are participating in the destruction of the NFL. All those hosts are not going to have any reason to be hosts eventually.
Honestly, I’m wondering why they aren’t laying off Bob Iger and replacing him with someone who actually CAN make Disney great again? I mean, they had no problem firing Michael Eisner, yet they’re not doing it to Iger who’s about a million times worse than Eisner?
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