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Warner Bros
Warner Bros. Entertainment Inc. (commonly known as Warner Bros. and abbreviated as WB), is an American diversified multinational mass media and entertainment conglomerate headquartered at the Warner Bros. Studios complex in Burbank, California, and a division of AT&T's WarnerMedia. Founded in 1923 by brothers Harry, Albert, Sam, and Jack Warner, the company established itself as a leader in the American film industry before diversifying into animation, television, and video games, and is one of the "Big Five" major American film studios, as well as a member of the Motion Picture Association (MPA).
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The CW Is Hit With Dozens Of Layoffs As Nexstar Plots More Frugal Course For Broadcast Network
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deadline.comLess than a month after Nexstar Media closed a deal to take 75% ownership of The CW, the broadcast network has been hit with dozens of layoffs.
The exact number of departures is still becoming clear, but one person with knowledge of the situation pegged it at about 30 to 40.
While Nexstar is known for local stations, the company also operates NewsNation, which it overhauled and reformatted from its prior incarnation, WGN America, after acquiring Tribune Media in 2019.
The lower cost profile of news programming, a distinctly different neighborhood from the scripted fare that was briefly WGNA’s specialty, was the driving motivation of the makeover.
Read more on deadline.com
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