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☀️DISNEY Layoffs Day 1 target TV Studios biz, as Shellshock CNBC contract dispute enters fray
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The Wakeup

☀️DISNEY Layoffs Day 1 target TV Studios biz, as Shellshock CNBC contract dispute enters fray

FIOS's 👎 news for cord cutting / SPOTIFY's huge Q1 cant solve Profit problem / NETFLIX writes big South Korean check

Sean McNulty's avatar
Sean McNulty
Apr 25, 2023
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The Ankler.
☀️DISNEY Layoffs Day 1 target TV Studios biz, as Shellshock CNBC contract dispute enters fray
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Mornin! This is Sean McNulty (connect with me on LinkedIn here if ya like), and here’s the Hollywood + Media news to know on TUESDAY April 25, 2023.

Where I’m pretty sure I still have a job in Media today 🤷‍♂️… although given the past 36 hours, if nothing happens when I hit send on this I guess I’ll take the hint.

😧 via giphy

SO: Tucker Carlson’s out at FOX NEWS CHANNEL. He was 2 years into his latest deal at FOX NEWS, and was drawing about 3.5 Million viewers a night - going back and forth with The Five for FNC’s most popular show.

  • Tucker was making about $20 Million a year according to the WSJ, and will very likely be paid out for… whatever is remaining.

PLUS - A follow up on Shellshock: CNN notes that the claim filed was for “sexual harassment and sex discrimination,” and it reportedly came after a contract dispute between CNBC Correspondent Hadley Gamble and the company.

  • The NY Times cited 3 anonymous sources saying Gamble’s contract expires this year and was not being renewed.

  • Neither Hadley’s lawyer or COMCAST would confirm if she’s presently employed by the company when asked for comment by CNN’s Reliable Sources.

AND YES: Don Lemon’s out at CNN, choosing to Tweet about no one from management reaching out to tell him (saying his agent did first)… instead of going to a meeting with management that he was invited to according to CNN. Decide for yourselves if he’ll be missed. No word on his morning show or Page Six replacement.

OH: The OSCARS will be Sun March 10 next year. And that’s the last I’d like to hear about such a topic for at least 4+ months.

IN TODAY’S EDITION:

  • Roundup of DISNEY layoffs Day 1 (lotta TV division consolidation - less “undifferentiated” content = fewer execs).

  • APPLE cuts another scripted series, as NETFLIX gets DeNiro some talented co-stars for his first TV show.

  • SPOTIFY has 2nd biggest quarter ever for user growth… and still can’t make money. #medianerd🤓 returns to break down the latest as Q1 Earnings Week kicks off.

  • NETFLIX commits to big spend in SOUTH KOREA.

  • VERIZON FIOS does not have good news for the Cable TV bundle as the first to report Q1 numbers.

A REST IN PEACE: Goes out to Harry Belafonte who died this morning at 96-years-old.


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📽 THE SILVER SCREEN

yeah, she’s good for the scary jumps. via Giphy

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