Posted on 02/14/2023 11:55:21 AM PST by dynachrome
On Monday, Showtime wiped out ten percent of its staff with a brutal round of layoffs, reports the far-left Deadline. More…
Monday started with a shock and awe campaign at Showtime as the exits of a slew of top executives were announced in short succession. By the end of the day, about 120 people in total had lost their jobs in the layoffs, sources confirm to Deadline. That represents more than 10% of the company’s workforce.
Leading the departures are Co-Presidents of Entertainment Gary Levine (who is segueing to an advisory role) and Jana Winograde as well EVP Nonfiction Vinnie Malhotra, COO and CFO Michael Crotty, EVP and General Counsel Rob Rosenberg and EVP Content Acquisition Kent Sevener.
The child predators at Disney just announced 7,000 layoffs.
Netflix recently wiped out hundreds of jobs.
Bye, Felicias!
(Excerpt) Read more at breitbart.com ...
“What if the one subscription costs $100. Ouch!”
It’s probably doable with movies and television if they have enough content. That would actually be less than a cable subscription package if you get a few premium channels. Of course not everyone would want to pay that much, but a site could also offer different pricing plans.
“Amazon Prime which has picked up BritBox is in there now. I don’t see their streaming service disappearing.”
Well, iTunes didn’t disappear when Spotify started. People still use it, but iTunes did have to adapt to offer a streaming model instead of just their old “$1 a song” model.
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