Reports: ABC Station Group Eyeing Cuts
The ABC/Disney station group is reportedly eyeing cuts, hoping to reduce its costs by 10% by the end of its fiscal year.
According to The Hollywood Reporter, the station group, at this point, doesn’t have a specific plan—but staff cuts and restructuring could be ahead.
Related: Carlton Cuse Returns to ABC Studios
The report comes after a down season for ABC, during which viewers 18-49 were down 11% and total viewers dropped 9%, according to THR.
The news was first reported in the The Wall Street Journal.
Broadcasting & Cable Newsletter
The smarter way to stay on top of broadcasting and cable industry. Sign up below
More about broadcasting and cable