ABC News staffers are bracing for major cuts as the Disney-owned network slashes budgets — with even those at top-rated “Good Morning America” on the chopping block, The Post has learned. The…
ABC News staffers are bracing for major cuts as the Disney -owned network slashes budgets — with even those at top-rated “ Good Morning America ” on the chopping block, The Post has learned.
The expected layoffs come as Disney began bringing down the axe at its TV group on Wednesday, slashing 140 jobs at its networks that include NatGeo and Freeform,Meanwhile, sources told The Post that the “GMA” cuts won’t be coming from the eight-figure salaries of the show’s top talent — Robin Roberts, Michael Strahan and George Stephanopoulos.
“They all have contracts, so there will be no cut at that level,” a former ABC News exec said of the hosts, who are estimated to make between $17 million $18 million each. “But they will have to cut jobs.”Paramount Global receives all-cash competing bid of up to $43B from Apex Capital In the second quarter of the year, Nielsen said “GMA” reeled in 2.8 million total viewers and 494,000 viewers in the demo, while “Today” amassed 2.7 million viewers and 620,000 demo viewers.ABC News boss Debra OConnell is looking to clean up the network and focus on “GMA,” which has been slipping in the ratings.“‘GMA’ is not doing quality stuff,” said another former ABC News exec. “There’s not a lot of taped pieces. It’s more live hits and there’s a lot of selling stuff in studio.
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