Posted on 07/31/2024 4:42:44 PM PDT by Libloather
ABC News staffers are bracing for major cuts as the Disney-owned network slashes budgets — with even those at top-rated “Good Morning America” on the chopping block, The Post has learned.
The Mouse House has demanded that “GMA” reduce its bottom line by a whopping $19 million, up from previous projections of $17 million, before the end of Disney’s fiscal year on Sept. 30, an insider with knowledge told The Post.
The expected layoffs come as Disney began bringing down the ax at its TV group on Wednesday, slashing 140 jobs at its networks that include NatGeo and Freeform, Bloomberg reported.
Meanwhile, sources told The Post that the “GMA” cuts won’t be coming from the eight-figure salaries of the show’s top talent — Robin Roberts, Michael Strahan and George Stephanopoulos.
It’s the behind-the-scenes staffers like bookers and producers who will likely get the shaft, the insiders added.
“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.”
ABC News declined to comment.
The pending cuts at “GMA” come as the show loses ground to NBC’s “Today,” which is a close second in total viewers and consistently on top when it comes to viewers ages 25-54, a key advertising demographic.
(Excerpt) Read more at nypost.com ...
Anyone here watch Good Morning America regularly or recently?
Well, that’s just a cryin’ shame.
Stephanopoulos first.
Joan Lunden was a TV crush of mine back in the day, lol.
“Meanwhile, sources told The Post that the “GMA” cuts won’t be coming from the eight-figure salaries of the show’s top talent — Robin Roberts, Michael Strahan and George Stephanopoulos”
A coven of leftist low talent monitor readers are safe for now. Nice!
Awww...that’s a shame.....
Disney has focused on converting brands attracting nerdy boys like Star Wars into brands made for lesbian women. The nerdy boys are no longer interested, and the much smaller demographic of lesbian women aren’t really interested either. Disney criticizes the nerdy boy market and wonder why they are being turned out and losing money. Maybe it doesn’t matter because the establishment is really Disney’s market, and the establishment will bail them out.
It is funny, the guys at the top are not laid off, just the little people. The little people socialists never learn.
For just the headline alone...🤣😅🤣😅🤣😅
ISN’T IT FUN TO BELONG TO A COMPANY WHERE OTHER UNITS LOSE MONEY & YOUR GROUP GETS LAYOFFS???
I’m pretty broken up over this.
Nope.
Yep, too bad.
And then “the view”.
They should learn to code.
Fortunately, after President Trump is sworn back in in January, coal mining jobs will start to open up again, so maybe they can learn to mine coal.
“And then “the view”.”
Since all four have the same view, why not just fire three.
Boo hoo hoo…maybe Disney should do a remake of Cinderella with a transgender character…that would cause revenue to skyrocket I’m thinking😵💫😵💫😵💫
The Nerdy Lesbian Market is a goldmine.
Notice how the people making millions of dollars are always telling the paycheck-to-paycheck people how great the economy is.
Ha!
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