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Showing results for "Media Layoffs"

Lights, Camera, Layoffs: Hollywood Braces for a Massive Industry Contraction
FILM
Lights, Camera, Layoffs: Hollywood Braces for a Massive Industry Contraction
Production days in L.A. drop by 33% as Paramount Global, Disney, and Warner Bros. Discovery slash thousands of jobs to offset streaming losses.
· 2 min read
Hollywood's Cold Front: Production Plummets as Studios Slash Jobs
FILM
Hollywood's Cold Front: Production Plummets as Studios Slash Jobs
From Disney layoffs to an $800 million spending drop in Georgia, the industry faces an "existential" crunch following the 2023 strikes.
· 2 min read
BUSINESS
"This is Not About Consolidation": Paramount Finalizes $110 Billion Warner Bros. Discovery Merger
The blockbuster deal creates a media titan saddled with $79 billion in debt, as Paramount+ and HBO Max prepare to unite against Netflix.
· 2 min read
Gerry Cardinale: $111B WarnerMount Merger Won’t Mean Mass Layoffs
BUSINESS
Gerry Cardinale: $111B WarnerMount Merger Won’t Mean Mass Layoffs
The RedBird Capital founder tells Puck and 'The Town' that $6 billion in cuts will help reach a massive $18 billion EBITDA goal without gutting the workforce.
· 2 min read