streaming

AMC Networks to slash 20% of its U.S. workforce as cord-cutting, streaming costs and economic jitters wreck media

AMC Networks to slash 20% of its U.S. workforce as cord-cutting, streaming costs and economic jitters wreck media

A media industry battered by streaming losses, anemic stocks, layoffs and executive turmoil unveiled its latest losses on Tuesday: 20% of AMC Networks’ U.S. staff, or about 200 people, as well as the departure of the CEO Christina Spade. The news follows the equally sudden departure of Bob Chapek last Sunday from Disney after a …

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AMC Networks to suffer layoffs as CEO quits and streaming can't make up for TV's linear decline

AMC Networks to suffer layoffs as CEO quits and streaming can’t make up for TV’s linear decline

Shortly after AMC Networks CEO Christina Spade abruptly resigned after less than three months in the role, company chairman James Dolan sent a memo to staff Nov. large scale as well as cuts in all areas of activity”. ” “We thought the cord-cutting losses would be offset by streaming gains. This has not been the …

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executive tv money

Future of TV briefing: The TV and streaming market is in a correction

The push-pull of panel measurement Election Night at NBC News Disney’s cost-cutting, Netflix’s live-action debut, Hollywood would-be writers’ strike and more Market watch The key hits: Buyers of TV and streaming shows are cutting their programming budgets. Production budgets became an earlier part of the development process. Buyers prioritize trending shows with big-name talent attached. …

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