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Paramount Global to Cut 3.5% of US Workforce Due to Decline of Cable-TV Industry
Paramount Global plans to cut several hundred employees on Tuesday due to a continuing decline in the cable-TV industry and the broader economic landscape.
The HR Digest1d
The Paramount Layoffs Highlight How the Cable TV Slump Is Spurring Job Losses
A recent round of layoffs at Paramount has affected 3.5% of the company’s US teams, with more cuts still on the table in the coming months.
Lake Forest City Council decides to keep broadcasting meetings on cable tv channel
Lake Forest residents who prefer to watch city meetings on cable television will continue to have that option as the City Council did not approve a staff recommendation to suspend the channel.
Best Media Info2d
Explained: Why AIDCF-EY’s ‘State of Cable TV’ report leaves industry unconvinced
EY partnership was intended to lend credibility and analytical rigour to the document. However, the resulting report leaves significant gaps in both context and content
Did David Zaslav’s Grand Vision Fail? As WBD and Other Media Giants Move Pieces Around, They Can’t Outrun the Cable Math
Four years ago, David Zaslav insisted that Discovery Communications together with what was then called WarnerMedia was more than the sum of its parts. They had a “formidable” lineup of global assets, he said.
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