Posted on 03/05/2025 8:00:42 AM PST by dynachrome
ABC News staffers are bracing for imminent layoffs while the division will restructure its programming including the merging of its “20/20” and “Nightline” programs and the consolidation of its “Good Morning America” productions, according to reports.
The Walt Disney Co. is set to lay off around 200 people from its ABC News Group division as well as its Disney Entertainment Networks unit — a move that constitutes cutting some 6% of the combined staff of the two units, according to the Wall Street Journal.
Almin Karamehmedovic, president of ABC News, circulated a memo to employees on Wednesday morning confirming the changes.
(Excerpt) Read more at nypost.com ...
You habe to wonder how much of this is.related to turning off the government money spigot..
Almin Karamehmedovic is President of ABC News?
I guess Vanguard and BlackRock are tired of the financial drain.
Maybe they should move more to the Left and close the doors.
I still think ABC will be the first to exit the “news” business first, as soon as the Mouse gets tired enough of the losses and sees the handwriting on the wall.
There is so much competition in the news and during the last election it became apparent that many people get their news from streaming and podcasts.
Almin Karamehmedovic?
Gesundheit!
Almin Karamehmedovic?
Gesundheit!
Network news is going the way of the Dodo Bird.
Hopefully soon the Big Pharma spigot will also turn off.
Learn to code.
ABC Slogan:
“If it happened today, it’s news to us!”
"Now, if there's anything I can do for you..."
"Well, I certainly hope you'll die soon."
Democrats gonna protest these layoffs too? I want to see Schumer on ABC’s steps with a signs. Maybe we can gwt a republican judge to make ABC take them back
More like they're first facing it now that the taxpayer money through USAID has been shut off.
Democrats were suggesting that the government should subsidize the press, to shield them from “market forces”.
We now know that they said that to hide the fact that the govt was already subsidizing the press through USAID. Who knows how many other ways the left uses govt money to pay for their propaganda?
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.