#media

Posts mentioning hashtag #media

Below are all the posts — topics as well as replies — that mention the hashtag #media.

Mention #media in your post to continue the discussion!

iHeartMedia Layoffs Hit KJR; Marc James Exits

Marc James is no longer with iHeartMedia's KJR Sports Radio. His departure is part of ongoing iHeartMedia layoffs. These layoffs affect various departments nationwide. KJR has updated its on-air schedule following James' exit. James joined the Seattle station in February 2025.

Seattle, Washington

https://barrettmedia.com/2026/04/15/marc-james-departs-kjr-as-iheartmedia-continues-ongoing-layoffs/


open letter

more than 1,000 directors, writers, actors and other entertainment industry professionals have signed an open letter opposing Paramount's acquisition of Warner Bros. Discovery

Free Article Link:
https://www.nytimes.com/2026/04/13/business/media/hollywood-letter-opposing-paramount-warner-bros-deal.html?unlocked_article_code=1.alA.Wgo-.sfNQHmsb_Hl8&smid=url-share


Can we use this forum for more?

Situation: Layoffs have been occurring almost continually globally for the past period, at least 8 years, possibly much longer. Yet we only here anecdotal information regarding details.
Idea: Instead of just posting here, alert any remaining local media sources in your region about what has happened. Maybe that has already been done. If so, post a link to the article here where others can share on social media. If not, tell the story and if the media is still well-funded enough, may be able to do some investigative reporting. The idea is to get a larger audience aware of the ongoing removal of employees.
Benefits:

  • Increased possibilities of potential new employees thinking twice before joining
  • raised awareness of retail investors who are chasing a dividend or turnaround,
  • expanded visibility for current employees to what is actually happening in the environment (particularly remote employees who don't see their co-workers being walked out)
  • Feel good effect by letting a broader audience know what the company is attempting to keep hidden

With the current state of healthcare costs in the US,

"65 is the new 55" as far as being able to retire goes. What's really a shame is that if the billionaire owned media didn't have us working class people at each other's throats over which political team we're on, (divide and conquer) we might have been able to get a handle on it before we reached this point.


Audacy Initiates Layoffs, Reorganizes Management

Audacy has begun a new round of layoffs across its radio operations. The company is also implementing a new regional leadership structure. This new structure replaces traditional Market Managers with Regional Presidents and Vice Presidents. CEO Kelli Turner stated the changes aim to scale opportunities and drive revenue growth. Several employees across multiple cities have been affected by these organizational shifts.

https://barrettmedia.com/2026/04/01/audacy-begins-round-of-layoffs/


KSAT-12 Reduces Workforce Following Business Review

KSAT-12 implemented layoffs affecting about 20 employees. The station confirmed these were staffing adjustments. A producer said no one expected the job cuts. Affected employees received severance pay. The company cited a changing media climate and restructuring.

https://www.expressnews.com/lifestyle/article/ksat-layoffs-21953161.php


Nine Employees Laid Off (WGN TV)

WGN TV Reduces On-Air Staff, Nine Employees Affected

WGN TV recently laid off nine on-air employees. This group included well-known personalities such as Dean Richards and Chris Boden. The cuts follow earlier reductions among behind-the-scenes staff. Parent company Nexstar is pursuing a merger with Tegna. These actions aim to manage debt from current and planned acquisitions.

Chicago, Illinois

https://chicago.suntimes.com/sports-media/2026/02/23/wgn-tv-chicago-layoffs-chicagos-very-own-channel-9-nexstar-tegna

Nexstar Media Group | NXST


Boardroom staff layoffs

On Saturday morning, Philip Lewis of HuffPost reported that Boardroom, the media venture founded by NBA star Kevin Durant and agent Rich Klieman in 2019, “has eliminated its full editorial team.” Lewis noted that the staff layoffs were “unexpected.”

https://awfulannouncing.com/nba/kevin-durant-boardroom-statement-staff-layoffs.html


Potential cuts in Media EMEA

There’s been a lot of talk about potential cuts and ongoing disruption again within One PEP Media EMEA... Has anyone heard anything concrete?

Between the uncertainty, shifting priorities, and general workload, many people seem pretty exhausted. I know that most of the chaos is caused by Josep Hernandez being unable to support his team, but there's a lot of uncertainty.


Scripps targets cuts, automation in new growth plan

Scripps is preparing for potential layoffs as part of a significant cost-cutting and revenue growth plan. The company intends to implement new strategies, including the use of artificial intelligence and automation. These measures are designed to enhance operational efficiency and reduce expenditures. While layoffs are anticipated, the specific number of affected roles has not been disclosed. The headline indicates a strategic shift for Scripps to adapt to the evolving media landscape.

https://www.imdb.com/de/news/ni65702916/?ref_=nwc_art_perm


Bell Media Cuts 60 Jobs in Digital Shift

Bell Media announced 60 layoffs. This move supports its digital media business transformation. Unifor stated 20 members were affected, including 11 journalists. These job cuts impacted staff in Toronto, North Bay, Halifax, and Calgary. The company previously eliminated 650 manager roles last November.

https://www.vancouverisawesome.com/the-mix/bell-media-lays-off-20-union-members-including-11-journalists-unifor-11837954


CEO resigns

The Washington Post’s CEO has announced he is quitting the job, days after the newspaper slashed a third of its staff.

CEO and publisher Will Lewis shared the decision in a message to employees on Saturday, which was later posted on X by the paper’s White House bureau chief.

https://www.aljazeera.com/news/2026/2/8/washington-post-ceo-resigns-after-sweeping-layoffs


As if this will do any good

"We are The Washington Post's international correspondents, writing with a collective plea for you to preserve our newspaper's global coverage, which we fear will be greatly weakened in coming cuts," one such appeal read. "Our coverage — thanks to your investment — shapes conversation and global policy at the highest levels each day."

https://www.npr.org/2026/01/30/nx-s1-5692923/washington-post-bezos-layoffs


It's accelerating: Media Industry Faces 2026 Turmoil with Layoffs and AI

https://www.webpronews.com/medias-2026-reckoning-layoffs-surge-mergers-stall-ai-reshapes-newsrooms/

Media companies started 2026 with deep staff cuts. Over 17,000 jobs vanished in 2025, an 18% increase. Mergers stalled, and AI continued to reshape newsrooms. Digital ad revenue faltered, intensifying pressure on publishers. Audiences now hold significant sway over the industry's future.


Lehigh Valley Public Media cuts nearly half its staff after years of financial losses

Hasanna Birdsong, chief executive officer of the nonprofit, said the operation will move forward with 20 to 25 employees after cutting personnel across all its departments.

https://www.lehighvalleynews.com/local-news/lehigh-valley-public-media-cuts-nearly-half-its-staff-after-years-of-financial-losses


About 10K laid off and not a peep in the biz news

What is up with the news? About 10K jobs have been eliminated this month (January) and not a single news article, posting, etc. anywhere... where are the biz reporters?

How can anyone trust the news and media when a story like this doesn't even make the LinkedIn news feed?

Inquiring minds want to know.


VAB report isn't good for the future of Nielsen

Ratings across 158 TV networks are down this year by an average of 18% to 30% under Nielsen’s new Big Data + Panel measurement, the Video Advertising Bureau (VAB) told The Current.

The declines in the highly prized 25 to 54 demographic — now at levels not seen in 23 years when compared with panel-only measurement — break down three ways: an 18% drop overall, a 23% decline for cable networks and 30% plunge when news and sports programming are excluded.

VAB President Sean Cunningham said the organization began uncovering these issues in late October after digging into the data. He added that Big Data + Panel shows unusually high variance, overreporting or underreporting ratings by roughly 20%. Some networks, he said, are experiencing statistical aberrations across as much as 60% of all viewing hours.

This misreporting — especially for the valuable 25 to 54 demo — has major implications for both buy and sell sides. Incomplete, unstable measurement suppresses CPMs for publishers, draining ad revenue for the already shrinking traditional TV ecosystem. On the buy side, agencies struggle to plan, forecast or trust audience guarantees.

“There is an enormous structural defect sitting in the trading currency where the 25 to 54 demographic has been systemically crushed by all of the biases inside of the way Nielsen’s calculating Big Data + Panel,” Cunningham told The Current.

When asked to comment, Nielsen responded: “This report is seriously flawed and manipulated. From what we have seen, the VAB incorrectly pulled our data and the bureau does not know how to do a proper ratings analysis. The VAB is wasting the time and money of its members."

A source close to one of the TV networks contacted by The Current added: "We went into Nielsen Big Data + Panel knowing that there could be challenges, which is why we’ve evaluated it closely from the start. As we’ve continued working with the data, and after reviewing the VAB report, we’re seeing additional discrepancies that deserve a closer look."

Cunningham said the VAB stepped in only after publishers exhausted all options trying to work with Nielsen, efforts that led to frustration over what he described as “layer upon layer of voodoo math” embedded in Nielsen’s methodology.

He believes Nielsen is weighing its 43,000-person panel too heavily, allowing it to dominate signals compared to its 45 million big data sources. He argues this leads to an oversaturation of viewers aged 55 and over in the reported ratings.


Advancing the transition to a media and content delivery company

https://finance.yahoo.com/news/oracles-larry-ellison-agrees-to-backstop-404-billion-in-financing-for-paramount-acquisition-of-warner-bros-145133265.html

Larry Ellison, the centibillionaire founder and executive chairman of Oracle (ORCL), agreed to personally backstop $40.4 billion in equity financing for Paramount's proposed acquisition of Warner Bros.

Diversification away from a stodgy old tech company to more influential properties is the order of the day.


CEO News

She was challenged several weeks ago on this board to go on CNBC to be interviewed and by golly, she did ! Albeit a soft ball interview with Sharon Epperson for DEI reasons.

Let's be honest here, if she interviewed with Jim Cramer, David Faber, or Sara Eisen, she'd be eaten alive trying to defend her missteps. It is ironic that even Roger Ferguson has appeared on CNBC as a contributor more times in the last year, then Duckett has appeared on CNBC in 5 yrs.

There are rumors and whispers she is losing internal support. All of a sudden, we see a flurry of activity from her lately in an attempt to save face and her job. So many speeches and public appearances that she has no real time to run TIAA like she is supposed to and this begs the question; who is really running TIAA ? She is paid millions and the company is chaos and no one is at the helm. She collects hundreds of thousands of dollars as a Nike Board Member & a pair of Air Jordans.

Instead, they have Jay Leno headline the TIAA FutureWise conference with the CEO laughing herself all the way to the Bank while many long term TIAA employees are being laid off. Shoot, maybe is she ran AI to run the company, it would be in much better financial shape today. It's funny how she criticized AI, but sold out to Accenture as they promised us the world with AI driven solutions which have not materialized.

TIAA FutureWise Conference (November 2025) In a discussion with CNBC, she advised that retirement investors should focus on building diversified portfolios and guaranteed income streams rather than worrying about an AI


The Facts We Know = Bankruptcy

  1. Fiserv is billions of dollars in debt
    2.profits dropped by 25%
  2. Clover lawsuit class action lawsuit underway.
  3. Lawsuit from 44% drop in stock underway. Billions lost
  4. Investment in AI with no immediate revenue stream to support it.
  5. Investigation by Senate on contracts
  6. Media stock analyst saying do not invest in Fiserv

Media Coverage - Verizon Layoffs - November 2025

AP News
Title: Verizon is cutting more than 13,000 jobs as it works to 'reorient' entire company
URL: https://apnews.com/article/verizon-layoffs-economy-jobs-1aa299fc28b8e7211188f9b084d1048c

Verizon is cutting more than 13,000 jobs, representing about 20% of its management workforce, as new CEO Dan Schulman seeks to reduce costs and refocus the company on customer experience. The layoffs, which began November 20, 2025, are the largest in company history and come as Verizon faces intense competition from AT&T and T-Mobile.

||||||||||||||||||||||||||||||||||||

CNBC
Title: Verizon cutting more than 13,000 jobs as it restructures
URL: https://www.cnbc.com/2025/11/20/verizon-cutting-more-than-13000-jobs-as-it-restructures-.html

Verizon announced it will lay off more than 13,000 workers and convert 179 corporate stores to franchises as part of a major restructuring under CEO Dan Schulman. The company lost 7,000 postpaid subscribers in Q3 while competitors AT&T and T-Mobile posted gains, prompting the need for operational changes.

||||||||||||||||||||||||||||||||||||

The Wall Street Journal
Title: Verizon Begins Laying Off More Than 13,000 Employees
URL: https://www.wsj.com/business/telecom/verizon-begins-laying-off-more-than-13000-employees-b227641f

Verizon began notifying employees Thursday of layoffs affecting more than 13,000 workers, marking the carrier's largest-ever job reduction. CEO Dan Schulman said the cuts are necessary to address the company's cost structure and reverse recent customer losses to competitors.

||||||||||||||||||||||||||||||||||||

The Hill
Title: Verizon laying off more than 13,000 workers
URL: https://thehill.com/homenews/5615298-verizon-layoffs-13000-workers/

Verizon is laying off more than 13,000 workers to trim costs and increase investments, according to CEO Dan Schulman. The cuts represent 20% of the workforce and come as the company lost 7,000 net postpaid phone connections while rivals gained subscribers.

||||||||||||||||||||||||||||||||||||

The Verge
Title: Verizon is laying off over 13,000 workers
URL: https://www.theverge.com/news/824970/verizon-layoffs-13-percent-employees

Verizon is preparing to lay off more than 13,000 employees, or about 13% of its workforce, as part of plans to cut costs and "reorient" around customers. The company will offer a $20 million reskilling fund for impacted workers while also franchising 180-200 stores.

||||||||||||||||||||||||||||||||||||

Bloomberg
Title: Verizon Cuts Nonunion Workforce 20% in Cost-Slashing Campaign
URL: https://www.bloomberg.com/news/articles/2025-11-20/verizon-cuts-nonunion-workforce-20-in-cost-slashing-campaign

Verizon announced layoffs that will shrink the company's nonunion workforce by up to 20%, affecting more than 13,000 employees. New CEO Dan Schulman, who took over in October after two consecutive quarters of subscriber losses, promised a "simpler, leaner and scrappier" business.

||||||||||||||||||||||||||||||||||||

USA TODAY
Title: Verizon laying off more than 13,000 non-union employees, CEO says
URL: https://www.usatoday.com/story/money/2025/11/20/verizon-employee-layoffs/87371341007/

Verizon is laying off more than 13,000 employees due to "cost structure limits," impacting roughly 20% of non-union management. CEO Dan Schulman established a $20 million Reskilling and Career Transition Fund for those affected by the layoffs.

||||||||||||||||||||||||||||||||||||

CBS News
Title: Verizon CEO Dan Schulman says the company is cutting 13,000 jobs
URL: https://www.cbsnews.com/news/verizon-layoffs-13000-job-cuts-ceo-dan-schulman/

Verizon CEO Dan Schulman announced the company is cutting 13,000 employees, or about 13% of its workforce, as it seeks to slash costs and restructure operations. Schulman said the current cost structure limits the company's ability to invest in its customer value proposition.

||||||||||||||||||||||||||||||||||||

Business Insider
Title: Verizon says it will lay off 13,000 workers as its new CEO seeks a 'faster and more focused' company. Read the full memo
URL: https://www.businessinsider.com/verizon-layoffs-13000-workers-job-cuts-dan-schulman-ceo-message-2025-11

Verizon plans to lay off 13,000 employees as new CEO Dan Schulman seeks a "faster and more focused" company through cost reductions. Schulman became CEO last month and has said he wants to create a "simpler, leaner, and scrappier" company after worse-than-expected quarterly earnings.

||||||||||||||||||||||||||||||||||||

Reuters
Title: Verizon cutting more than 13,000 jobs as it restructures
URL: https://www.reuters.com/business/world-at-work/verizon-cutting-more-than-13000-jobs-it-restructures-2025-11-20/

Verizon will cut more than 13,000 jobs in its largest single layoff, while converting 179 corporate-owned retail stores to franchises. The wireless carrier faces mounting market pressure with a shrinking pool of new customers as rivals offer cheaper plans and cable operators enter the market.

||||||||||||||||||||||||||||||||||||

Barron's
Title: Why Verizon Is Firing 13,000 Employees, in the Company's Own Words
URL: https://www.barrons.com/articles/verizon-job-cuts-stock-ceo-letter-e2efc20c

Verizon CEO Daniel Schulman announced over 13,000 employee layoffs in an email to staff, saying the company needs to "reorient" and change its cost structure to invest in market leadership. The cuts represent the largest layoff in company history, coming after Verizon lost 7,000 retail postpaid phone customers in the third quarter.


Another round of layoffs !! Earnings call update

As per this article paramount expected to do 1600 plus additional cuts .

https://nypost.com/2025/11/10/media/paramount-skydance-to-slash-1600-more-jobs-after-revenue-disappoints-but-issues-upbeat-forecast/?utm_campaign=nypost&utm_source=twitter&utm_medium=social