He had also told employees shortly thereafter that Disney would be cutting costs through hiring freezes, layoffs and other measures. Shortly after his return, Iger sent a memo to employees announcing the business would be reorganized, particularly the Disney Media and Entertainment unit. The reorganiz...
This month’s layoffs are again expected to focus on off-camera staffers and high-salaried executives. But on-air TV and radio talent will face the music in a separate cost-cutting exercise this June. Those with expiring contracts are the most vulnerable, sources said. Layoffs are debilitating...
The Worldwide Leader has cut quite a lot of prominent figures over the last few months, including executives Russell Wolff and Mike Soltys, as part of wider cost-cutting at parent corporation Disney, has already previously mandated three rounds of layoffs, which cutaround 7,000 employees across ...
ESPN said the personalities were let go as a cost-cutting measure. "This exercise will include a small group of job cuts in the short-term and an ongoing focus on managing costs when we negotiate individual contract renewals in the months ahead," ESPN said. "This is an extremely challenging...
Is losing access to sports preventing you from cutting the cord? If you love college football, the NFL, or college basketball you need ESPN. Thankfully, there are six legit streaming services that let you watch ESPN without cable or satellite. ...
“behind-the-camera” employees McCarthy says this wave might target). This is a Disney division that’s already been through major waves of cost-cutting over the past few years, and further cuts may make things even more difficult for those left, asking them to take on more responsibility...
Another reason that the monthly fees charged for sports networks keep rising is due to cord cutting and the overall loss of cable customers in the industry. It’s been reported that ESPN has already lost over 2 million customers for the year – a number that is line with estimates of cord...
UFC pay-per-view events available (at extra cost) Great coverage of niche sports Solid on-demand library Works via the regular ESPN app Cons No livestream of ESPN’s TV network (except with pay TV login) Missing high-profile game broadcasts ...
NBA intel and fit: The defending champion Celtics have assembled an enviable, if expensive roster, making this pick (as well as Washington's second-round pick, which Boston holds) a good opportunity to add cost-controlled talent. Thiero would benefit from a situation such as Boston's, where...
Cost-cutting measures this summer have already seen Luis Suarez, Arturo Vidal and Ivan Rakitic leave the club. Ter Stegen, 28, had always made it clear to Barca that he wanted to commit his future to the club despite interest from elsewhere....