Warner Bros. Discovery, Fox Corp. and Disney ... to meet the evolving demands of sports fans by focusing on existing products and distribution channels.” The decision comes as a major shock ...
"CNN expects to lay off about 200 people as part of a restructuring announced on Thursday that pivots the news organization toward a more digitally oriented future," reports the Associated Press.
CNN is cutting 6% of its workforce as the news organization tries to reinvent itself for TV’s digital future. Facing an exodus of viewers and a systemic decline in pay TV subscriptions, the Warner ...