The bloodshed at The Walt Disney Company isn’t over yet, with CEO Bob Iger swinging the axe at several TV shows.
Disney is cutting 140 jobs across its entertainment and television division, with cuts also being confirmed at National Geographic and Freeform, according to multiple reports. National Geographic, which produced the Fauci documentary, is expected to be the hardest hit, with Deadline reporting that the network will lose 60 jobs, or about 13% of its staff. report.
ABC News and its Good morning, America With job cuts expected in the coming days, New York Post report.
Disney executives Good morning, America Anonymous sources told the paper that by the end of Disney’s fiscal year on Sept. 30, the show, co-hosted by Bill and Hillary Clinton activist George Stephanopoulos, is on track to shave $19 million off its bottom line, down from a previous projection of $17 million.
But rest assured: Highly paid host George Stephanopoulos is reportedly safe, as are co-hosts Robin Roberts and Michael Strahan — but not their support staff.
A former ABC News source told The Washington Post that the hosts are estimated to make between $17 million and $18 million a year each.
ABC News has spread numerous false rumors over the years, particularly about then-President Donald Trump.
During the Trump Administration, news networks aired false reports that Donald Trump had directed Michelle Flynn to contact Russian officials during the 2016 presidential election. In reality, Trump issued that directive as president-elect and established international relations during his transition to the White House.
ABC News retracted the report and fired longtime correspondent Bob Ross.
The news network embarrassed itself again in 2019 when it aired a video it claimed was of Turkish forces attacking Kurdish fighters in northern Syria – a video that turned out to have been filmed at a shooting range in Kentucky.
National Geographic broadcast Fauci A 2021 documentary.
Disney’s latest job cuts come after CEO Bob Iger cut a record 7,000 jobs worldwide last year to put the company on financial footing.
Earlier this year, ABC News President Kim Godwin abruptly stepped down after three tumultuous years at the news network.
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