Executives at Warner Bros. Discovery are reportedly swinging the ax again, with HBO personnel hit hardest by layoffs.
Executives at Warner Bros. Discovery are reportedly swinging the ax again, with HBO personnel hit hardest as the left-wing media giant continues to grapple with a perfect storm of plummeting advertising revenue, two Hollywood labor strikes, and merger-related cost cutting.The Wrap that the latest round of layoffs has “decimated” HBO’s corporate PR team, which recently saw several high-level departures — including industry veteran Chris Willard, who left the company this week after 14 years.
Warner Bros. Discovery, which is the parent company of CNN, has been showering its employees with pink slips as executives seek to make good on the cost savings promised by last year’s corporate mega-merger. Not even the box-office success ofKaitlan Collins and Anderson Cooper appear in a video during the Warner Bros. Discovery Upfront 2023 at The Theater at Madison Square Garden on May 17, 2023 in New York City.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Warner Bros movie 'Barbie' ticket sales top $1 billionThe blockbuster film 'Barbie' has topped $1 billion in box office ticket sales worldwide since its July 21 debut, Warner Bros. Pictures, a unit of Warner Bros. Discovery , announced on Sunday.
Read more »
‘The Fugitive’: THR’s 1993 ReviewRead THR's original review for the Harrison Ford thriller 'The Fugitive,' released 30 years ago today. It went on to earn seven Oscar nominations, along with a supporting actor win for Tommy Lee Jones.
Read more »
‘Barbie’ Finally Set for Release in Saudi Arabia, United Arab Emirates After Speculation Film Would Be BannedWarner Bros.' $1 billion-surpassing behemoth was delayed after censors suggested a number of small edits.
Read more »
'Barbie' to top $1 billion at the global box office SundayWarner Bros. Discovery and Mattel's 'Barbie' is set to top $1 billion at the global box office Sunday, marking the first time a solo female director has acheived this benchmark.
Read more »
Casting Yoshi For Super Mario Bros Movie 2Yoshi wasn't included in The Super Mario Bros. Movie, but that hasn't stopped audiences from thinking about who could play him in the sequel.
Read more »
10 Obscure Super Mario Bros Movie Easter Eggs You Missed In TheatersThe Super Mario Bros. movie had dozens of Nintendo Easter eggs when it hit theaters, but now that it's streaming, fans can spot even more.
Read more »