Turner Broadcasting is embarking on a plan to
"futureproof" the company by the year 2020 (the company's 50th
anniversary) in a plan executives there are calling "Turner 2020,"
according to Alex Weprin at capitalnewyork.com.
The plan is designed to help turn around struggling
networks, like TNT, while bolstering stronger ones, like Adult Swim.
Those changes will almost certainly involve layoffs and
restructuring, and Turner Broadcasting C.E.O. John Martin did not dance around
that fact in an email to staff Monday evening.
"We’ve been shifting resources already and I would ask
that you think carefully about how and where to get the greatest return on the
assets you control," Martin wrote. "This may mean staff changes. In
fact, I’ll be surprised if it doesn’t."
No comments:
Post a Comment