CNN is announcing layoffs as part of a further shift to digital business
CNN is expected to lay off about 200 of its employees, or 6% of its workforce, in part of a shift toward a more ...
CNN to cut jobs by 6% amid digital push
Legacy cable networks, a profitable business for decades, have been hit by intense cord cutting by consumers who favor streaming services. Warner Bros Discovery is undergoing significant restructuring ...
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WBD lawsuit against Paramount over 'South Park' moves ahead
The suit is now clear to move to the discovery phase after a key ruling went Warner Bros. Discovery’s way. Warner Bros. Discovery isn’t letting Paramount skate over what it alleges was a breach of ...
CNN hit with significant layoffs as network sets a plan for a digital future
Cable cord-cutting and a decline in revenue led to a significant workforce reduction at the Warner Bros. Discovery unit while new employees are hired for digital efforts.