Benjamin Mullin
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CNN Cuts Jobs as Cost-Cutting Pressure Mounts
Chris Licht, the network’s chairman, said that the company would be notifying affected employees later this week.
CBS Entertainment’s Kelly Kahl Is Departing as Company Cuts Costs
Kelly Kahl will be replaced by Amy Reisenbach, the executive vice president of current programs at CBS.
CNBC Cancels Shepard Smith’s Show in Move Away From General News
Mr. Smith joined CNBC in 2020 after leaving his longtime home on Fox News, where he was a reliably nonpartisan presence.
CNN Cuts Back on Original Series and Films
Acquired and commissioned documentary movies and TV shows like ‘Navalny’ and ‘Stanley Tucci: Searching for Italy’ are going away.
CNN Signals Layoffs and Budget Cuts Before End of the Year
“These changes will not be easy, because it will affect people, budgets and projects,” Chris Licht, the head of CNN, told staff members.
Netflix Reverses Decline, Adding 2.4 Million Subscribers
Netflix, which has about 223 million subscribers worldwide, will soon introduce a lower-priced service with ads in a bid to attract more customers.
FedEx Slashes Earnings Forecast, Citing Slowdowns in Asia and Europe
The shipping giant warned of a $500 million revenue shortfall ahead of its quarterly financial statement next week, sending its stock price diving in after-hours...
A $100 Million Bet on Finding the Next ‘Mr. Beast’
Reed Duchscher, the manager of the YouTube megastar “Mr. Beast,” is teaming up with the investment firm TCG to bankroll businesses led by online creators.
‘Cable Cowboy’ John Malone Sees More Streaming Bundles Ahead
The media mogul also said news channels should do a better job of distinguishing between news and opinion.
Brian Stelter Leaving CNN After Network Cancels ‘Reliable Sources’
Chris Licht, the new chairman of CNN, has told employees that he is retooling the network’s programming.