TBI Weekly: How ‘decisions’ at Disney, Meta, Vice & Netflix dominated the week
Television Business International
TBI provides the TV community with informed insight, the latest programming trends and developments
By any measure, it has been a fairly rough five days for those working in the content business.
Disney execs talked up the “hard decisions” being made as its well-publicised ‘second wave’ of cuts landed this week, while Meta’s decision to cull Facebook Watch originals highlights the shifting fortunes of content and those making it.
Meta , like its tech bro 亚马逊 , has been in the process of dismantling its workforce for several months and these cuts have now fed through to content teams.
And even for those companies where content is a cornerstone of their offering, such as Disney, the layoffs have been deep, as US media businesses look to shore up their defences. But there are glimmers of light where decisions have had a more positive impact.
The week's top TBI stories...