Tag #Media Industry

Showing 37 to 48 of 54 results

us.cnn.com
🌐 75% Global Worthiness
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CNN Announces 200 Layoffs, New Streaming Service in Restructuring

CNN announced Thursday that it is laying off around 6% of its workforce, or approximately 200 employees, as it overhauls its programming and invests $70 million in a new streaming service and digital strategy to address declining viewership and revenue.

Progress

40% Bias Score

Decent Work and Economic Growth
theguardian.com
🌐 75% Global Worthiness
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Reach Exceeds Profit Expectations Despite Job Cuts

Reach, the publisher of the Daily Mirror and other UK newspapers, announced exceeding annual profit expectations for 2024, driven by strong digital revenue and cost-cutting measures, leading to a 26% surge in share prices despite previous job losses and executive departures.

Progress

44% Bias Score

Decent Work and Economic Growth
forbes.com
🌐 85% Global Worthiness
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Cable TV Viewership Plummets: Media Giants Take Billions in Write-Downs

In 2024, only three cable networks averaged over one million primetime viewers, down from 19 in 2014, due to cord-cutting and streaming's rise; Warner Bros. Discovery and Paramount Global announced $15 billion in write-downs, reflecting cable's declining value.

Progress

36% Bias Score

Reduced Inequality
cnbc.com
🌐 75% Global Worthiness
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Richard Parsons, Time Warner Turnaround Leader, Dies at 76

Richard Parsons, former CEO of Time Warner who successfully steered the company through a post-AOL merger crisis, died at age 76; his career spanned corporate turnarounds, including leadership roles at Dime Bancorp and Citigroup.

Progress

20% Bias Score

Reduced Inequality
zeit.de
🌐 75% Global Worthiness
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Germany Passes New Film Funding Law, Securing €50 Million for 2025

The German Bundestag passed a new film funding law on Thursday, securing €50 million for German film productions in 2025, improving funding processes, and aiming to attract international productions.

Progress

48% Bias Score

Decent Work and Economic Growth
lemonde.fr
🌐 75% Global Worthiness
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Canal+ to Leave French TNT by Mid-2025

On December 5th, 2024, Canal+ announced it will remove its pay-TV channels from French Digital Terrestrial Television (TNT) by mid-2025, citing a €655.6 million tax dispute, regulatory changes, and the removal of C8 from TNT.

Progress

52% Bias Score

Reduced Inequality
edition.cnn.com
🌐 75% Global Worthiness
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CNN Announces Layoffs and Restructuring Amidst Shifting News Consumption

CNN announced Thursday it is laying off approximately 200 employees (6% of its workforce) as part of a $70 million investment in a new streaming service, a redesigned website, and a new weekday lineup, which launches in March, all in response to shifting audience consumption habits.

Progress

32% Bias Score

Decent Work and Economic Growth
elpais.com
🌐 65% Global Worthiness
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EL PAÍS" Surpasses 400,000 Subscribers, Matching Pre-Crisis Print Circulation

EL PAÍS", a Spanish newspaper, surpassed 400,000 subscribers, matching its pre-2008 print circulation, showcasing resilience in a polarized media landscape and highlighting the value of quality journalism in a digital age.

Progress

52% Bias Score

Quality Education
elmundo.es
🌐 75% Global Worthiness
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Antena 3 Dominates Spanish Television in 2024 as Mediaset Struggles

In 2024, Antena 3 maintained its leadership in Spanish television, achieving a 12.6% audience share, while Mediaset experienced its worst year; La 1 gained second place due to its programming and the success of La Revuelta; and total television viewership grew by 0.8%.

Progress

40% Bias Score

Reduced Inequality
foxnews.com
🌐 65% Global Worthiness
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MSNBC Hosts Face Pay Cuts Amid Ratings Slump and Network Restructuring

MSNBC hosts Joy Reid and Stephanie Ruhle are reportedly facing salary cuts amid declining ratings and the network's upcoming spin-off into SpinCo, causing significant concern among employees about potential layoffs.

Progress

44% Bias Score

Reduced Inequality
lefigaro.fr
🌐 75% Global Worthiness
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Guardian Sells The Observer to Tortoise Media

Guardian Media Group (GMG) is selling The Observer, the world's oldest Sunday newspaper, to Tortoise Media for an undisclosed sum, despite a staff strike protesting the decision; the sale includes a £25 million investment to support the newspaper's print and digital future.

Progress

24% Bias Score

No Poverty
dailymail.co.uk
🌐 85% Global Worthiness
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Nine Network Faces Multiple Lawsuits Over Workplace Misconduct

Nine Network journalist Airlie Walsh is suing the company for sexual discrimination, following similar legal action by former Queensland news director Amanda Paterson and another former employee, all stemming from a report that revealed systemic issues of abuse of power, bullying, discrimination, an...

Progress

44% Bias Score

Showing 37 to 48 of 54 results