DCG posted: " TheWrap: Some 550 buyouts are to be offered at Time
Warner's Turner network this week, including a large number of those at CNN
and HLN, which will lead to layoffs if they are not taken voluntarily,
according to an individual with knowledge of the net" Respond to this
post by replying above this line
New post on *Fellowship of the Minds*
<http://fellowshipoftheminds.com/author/dcgere/> 550 Buyouts, Layoffs
Imminent at Turner; HLN, CNN Among Cuts
<http://fellowshipoftheminds.com/2014/08/26/550-buyouts-layoffs-imminent-at-turner-hln-cnn-among-cuts/>
by
DCG <http://fellowshipoftheminds.com/author/dcgere/>
[image: cnn] <https://fellowshipofminds.files.wordpress.com/2014/08/cnn.jpg>
TheWrap <http://www.thewrap.com/buyouts-layoffs-550-turner-cnn-hln/>: Some
550 buyouts are to be offered at Time Warner's Turner network this week,*
including a large number of those at CNN and HLN,* *which will lead to
layoffs if they are not taken voluntarily*, according to an individual with
knowledge of the network's plans.
The buyouts will come across the Turner division, with a couple of hundred
expected at CNN and HLN, the individual said. A CNN spokeswoman had no
immediate comment.
News of the buyouts comes shortly after Turner Broadcasting System CEO John
Martin revealed in an internal memo Tuesday that corporate restructuring
was coming in the next two months.
“Division leaders now are reviewing the working groups’ reports on their
respective areas of oversight,” Martin wrote. “Over the coming weeks, they
will work with me to finalize the organizational changes we will implement.”
Time Warner-owned Turner is the parent company of HLN.
Martin's note also stated that the company will ”start 2015 *a more
streamlined, nimble and efficient company focused on driving programming,
monetization and innovation, in a culture that emphasizes and rewards
continuous improvement*.”* (Blah, blah, blah...)*
CNN chief Jeff Zucker <http://www.thewrap.com/tag/jeff_zucker/> called in
to a Turner news meeting last week to elaborate on Martin's memo. The
Atlanta Journal-Constitution
<http://www.ajc.com/news/business/cnn-chief-news-operation-will-do-less-with-less/ng8HK/>
posted a partial transcription on Sunday.
“We now have a sense of what Turner is expecting from CNN,” Zucker said on
the call. “I am working with the senior management team at CNN to figure
out what this means for us. This will result in changes and what we do and
what we stop doing.”
Zucker told employees that they'd be hearing news from their managers this
week or the next. ”We are going to do less and have to do it with less,” he
concluded.
HLN has been struggling in the ratings, regularly finishing fourth in total
viewers and in primetime across the key cable news demo, viewers 25-54. It
did edge out MSNBC in the demo across a total day measurement in 2014's
second quarter.
CNN's ratings have been doing well during times of big, national breaking
news — *but the cable news net regularly ranks far behind Fox News and
battles with MSNBC* probably more than it would prefer.
Last week, TheWrap <http://www.thewrap.com/> reported that Glenn Beck's The
Blaze was in talks with Time Warner's CNN
<http://www.thewrap.com/glenn-becks-the-blaze-talks-to-time-warner-about-hln-purchase/>
to replace sister cable news network HLN. The Blaze offered Time Warner two
proposals, but neither went anywhere. Time Warner has been in talks with
the online news network Vice, cofounded by Shane Smith
<http://www.thewrap.com/tag/shane_smith/>. No deal is in place there either.
See also:
- CNN news anchor thinks Michelle Obama signs bills into law
<http://fellowshipoftheminds.com/2014/05/28/cnn-news-anchor-thinks-michelle-obama-signs-bills-into-law/>
- ‘Rahm will look good': Emails show how CNN producers worked with
Chicago mayor’s office to portray him as a ‘star’ of documentary series
<http://fellowshipoftheminds.com/2014/04/26/rahm-will-look-good-emails-show-how-cnn-producers-worked-with-chicago-mayors-office-to-portray-him-as-a-star-of-documentary-series/>
- CNN deception: Live aerial footage of police running into Sandy Hook
was of another school
<http://fellowshipoftheminds.com/2013/01/22/cnns-live-aerial-footage-of-police-running-into-sandy-hook-was-of-another-school/>
- CNN’s Fake Gulf War Reporting
<http://fellowshipoftheminds.com/2011/06/10/cnns-fake-gulf-war-reporting/>
- CNN Comes Out of the NWO Closet
<http://fellowshipoftheminds.com/2011/04/06/cnn-comes-out-of-the-nwo-closet/>
- CNN Wants to Muzzle Bloggers
<http://fellowshipoftheminds.com/2010/07/24/cnn-wants-to-muzzle-bloggers/>
- CNN’s Hatchet Job On Army Surgeon Lakin
<http://fellowshipoftheminds.com/2010/05/08/cnns-hatchet-job-on-army-surgeon-lakin/>
- Piers Morgan quits
<http://fellowshipoftheminds.com/2014/02/24/piers-morgan-quits/>
DCG
*DCG <http://fellowshipoftheminds.com/author/dcgere/>* | August 26, 2014
at 3:30 am | Tags: CNN <http://fellowshipoftheminds.com/?tag=cnn> |
Categories: Liberals/Democrats/Left
<http://fellowshipoftheminds.com/?cat=115894710>, Media
<http://fellowshipoftheminds.com/?cat=292> | URL: http://wp.me/pKuKY-rFv
Comment
<http://fellowshipoftheminds.com/2014/08/26/550-buyouts-layoffs-imminent-at-turner-hln-cnn-among-cuts/#respond>
See all comments
<http://fellowshipoftheminds.com/2014/08/26/550-buyouts-layoffs-imminent-at-turner-hln-cnn-among-cuts/#comments>
Unsubscribe
<https://subscribe.wordpress.com/?key=7f89380f46003915c34c2cdd2b126a38&email=bovinescatologists%40gmail.com&b=Lu9T2tb_ERnl%5B%5BXDk-xUZH%2FYY.%5BU%5BysQVnvacMrl%3Fu9%2FgR%2Fn0%5DT>
to no longer receive posts from Fellowship of the Minds.
Change your email settings at Manage Subscriptions
<https://subscribe.wordpress.com/?key=7f89380f46003915c34c2cdd2b126a38&email=bovinescatologists%40gmail.com>.
*Trouble clicking?* Copy and paste this URL into your browser:
http://fellowshipoftheminds.com/2014/08/26/550-buyouts-layoffs-imminent-at-turner-hln-cnn-among-cuts/
Thanks for flying with WordPress.com <http://wordpress.com>
--
--
Thanks for being part of "PoliticalForum" at Google Groups.
For options & help see http://groups.google.com/group/PoliticalForum
* Visit our other community at http://www.PoliticalForum.com/
* It's active and moderated. Register and vote in our polls.
* Read the latest breaking news, and more.
---
You received this message because you are subscribed to the Google Groups
"PoliticalForum" group.
To unsubscribe from this group and stop receiving emails from it, send an email
to [email protected].
For more options, visit https://groups.google.com/d/optout.
