What are we hearing about this?
3 replies (most recent on top)
Not surprisingly, WarnerMedia will be especially impacted. Now that HBO Max has been launched, redundancy of positions across between WM and HBO will be addressed because HBO is now just another part of the WM channel lineup, and no longer a standalone company. HBO is moving from being separately priced, to being part of the package, and a result can’t be managed, advertised, and sold the same way as before.
Also expect low revenue or non-revenue groups within WM to be impacted.
50% of Warner will be laid off over the next 2 years. Then what's left of the company will be sold for pennies on the dollar of what Randy paid for it.
You heard it here first.
In keeping with Stanks fail fast model, with the fast failure of the HBO MAX launch the TW CTO just got a promotion to run all of IT.