TVs

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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First TVs, now tortillas: US companies set minimum prices to end discounts

First TVs, now tortillas: US companies set minimum prices to end discounts

NEW YORK, Nov 17 (Reuters) – Makers of everything from toys to tortillas are increasingly setting minimum prices on their products to maintain profits and limit price cuts as retailers like Walmart Inc (WMT. N) and Amazon.com Inc (AMZN.O) are trying to corner online sales. As a result, shoppers are enjoying fewer discounts on everyday …

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