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   alt.disney      Putting Walt on a giant fucking pedestal      2,118 messages   

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   Message 2,022 of 2,118   
   Krisco to All   
   Layoffs hit ABC News and Disney's entert   
   06 Mar 25 07:45:34   
   
   XPost: alt.society.liberalism, misc.immigration.usa, alt.politics.trump   
   XPost: alt.fan.rush-limbaugh, talk.politics.guns, sac.politics   
   From: krisco@walmart.com   
      
   ABC News and Walt Disney Co. entertainment networks are being hit with a   
   6% reduction in staff amid shrinking ratings and revenue for traditional   
   television.   
      
   Workers were told of the cuts Wednesday. The reduction of 200 positions is   
   being made across Disney‘s television units, with news suffering the   
   biggest job losses. A majority of the cuts will affect ABC News employees   
   in New York.   
      
   Rumors of workforce reductions have circulated for months at the news   
   division, which like other outlets has seen its audience leave TV channels   
   for streaming platforms.   
      
   ABC News shed about 40 employees in a round of layoffs in October, which   
   also hit the company’s TV stations for a total of 75 cuts. The reductions   
   announced Wednesday will hit the network’s entertainment networks as well   
   as the news division.   
      
   Almin Karamehmedovic, president of ABC News, said in a note to staff that   
   the cuts are aimed at streamlining the operation and positioning it for   
   the changes in the TV landscape.   
      
   “Rethinking the way we work to future-proof our team regrettably includes   
   reductions to our extraordinary staff,” Karamehmedovic said. “These   
   decisions are incredibly challenging and today will undoubtedly be   
   difficult for our organization. ”   
      
   No on-air correspondents or anchors at ABC News will lose their jobs in   
   the cutbacks, according to one person familiar with the plans who was not   
   authorized to comment publicly.   
      
   ABC News will consolidate the staffs of “Good Morning America” with the   
   afternoon edition of the show known as “GMA 3,” according to the Wall   
   Street Journal, which was first to report the layoffs. The staffs of   
   newsmagazine “20/20” and late night program “Nightline” are being   
   consolidated under the ABC News Studios production unit.   
      
   ABC News is also shuttering 538, the data journalism unit Disney acquired   
   from founder Nate Silver.   
      
   ABC News has long been the leader among evening news viewers with “ABC   
   World News Tonight with David Muir.”   
      
   But “Good Morning America” — which has three of the highest-paid news   
   hosts in TV with George Stephanopoulos, Robin Roberts and Michael Strahan   
   — is running behind NBC’s “Today” for the first time in seven years.   
      
   In the 2024-25 season, “Today” has a slight edge over “GMA” in total   
   viewers and wins a wider margin among the 25 to 54 age group preferred by   
   advertisers who buy against news programming.   
      
   ABC News has also been investing in the streaming news service ABC News   
   Live, which attracts younger viewers but only a fraction of the audience   
   size for network TV broadcasts.   
      
   https://www.latimes.com/entertainment-arts/business/story/2025-03-   
   05/layoffs-hit-abc-news-20-20-and-nightline-combine-operations   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)   

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