Disney to cut hundreds of employees in latest round of layoffs
Walt Disney Co. launched another deep round of layoffs on Monday, notifying several hundred Disney employees in the U.S. and abroad that their jobs were…
Layoffs hit ABC News and Disney’s entertainment TV channels
ABC News and Walt Disney Co. entertainment networks are being hit with a 6% reduction in staff amid shrinking ratings and revenues for traditional television.Workers…
As pay TV revenues diminish, CNN puts a paywall on its website
CNN has long had one of the most visited news websites in the world. Starting Tuesday, users are going to have to pay for it.The…