ABC does some chopping

[MartyDe]

Looks like Disney is working on ABC. More to come?

https://finance.yahoo.com/news/disney-cuts-6-abc-network-035622671.html

 

[Bruce]

Looks like Disney is working on ABC. More to come?

https://finance.yahoo.com/news/disney-cuts-6-abc-network-035622671.html

Considering that all Broadcast and Cable Channels are losing 6 Million per sub fees a year, because of those leaving Cable/Satellite Providers, along with advertising revenues way down, not a big surprise.

 

[TRG]

People are shying away from biased news. Especially the advertisers. I'm just surprised it took so long.

 

[Bruce]

People are shying away from biased news. Especially the advertisers. I'm just surprised it took so long.

Why are you bringing up politics, by posting biased news?

Has nothing to do with this, people are leaving cable and satellite , that is it, less revenue is coming in because of that.

 

[VictoriaFTA]

Nobody watches these broadcast networks (ABC, CBS, NBC, FOX) for news. It's all about the scripted programming and sports. People interested in the news watch PBS and people interested in biased news watch Fox News.

 

[ncted]

This is very reminiscent of when I worked for a newspaper company. It didn't matter whether the editorial staff had a liberal or conservative slant, what drove layoffs was dollars, and the decline in revenue had everything to do with people moving to other news sources. Disney is in business to make money (and a lot of it). If you're segment isn't performing, expect to have cuts.

 

[telstar_1]

Huh, my local NBC runs more news/wx than ever- 5:00, 5:30, 6:00...in the day they just had it at 6

 

[Radioguy41]

People are shying away from biased news. Especially the advertisers. I'm just surprised it took so long.

It's all biased one way or another and always has been, go read your history. You can start with where the words "yellow journalism" came from or just read up on William Randolph Hearst for instance. Being biased has nothing to do with it, it's all about revenue and the TV world it is a changing.

 

[TNGuy84]

Disney needs to give up ABC and focus its efforts on the Disney brand and everything with their namesake. What benefit is it these days to continue holding on to ABC?

 

[Bruce]

Disney needs to give up ABC and focus its efforts on the Disney brand and everything with their namesake. What benefit is it these days to continue holding on to ABC?

ABC still makes money, for example, still gets about 65 Million per sub fees, along with Advertising Revenue.

What will be the first to go, are certain Cable Channels, Freeform, FXX, Disney Jr, Toon Disney, but since they are not producing new content for those channels, basically are rerun channels, still make money because of per sub fees, so about 2-3 years before they are shut down.

 

[dishdude]

What will be the first to go, are certain Cable Channels, Freeform, FXX, Disney Jr, Toon Disney, but since they are not producing new content for those channels, basically are rerun channels, still make money because of per sub fees, so about 2-3 years before they are shut down.

The worthless channels that are killing the industry.

 

[savarese04]

People are shying away from biased news. Especially the advertisers. I'm just surprised it took so long.

why are you trying so hard to make this political? Reading the article would actually tell you that this is more than just ABC, but a bunch of Disney cable networks. All the channel bloat from the 2000s needs immediate excision.

 

[TRG]

why are you trying so hard to make this political? Reading the article would actually tell you that this is more than just ABC, but a bunch of Disney cable networks. All the channel bloat from the 2000s needs immediate excision.

I wasn't. You did. Ask yourself why?