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Warner Bros. Discovery hiking Max price, mulling layoffs in cost-cutting move: report
[NYPOST] Warner Bros. Discovery is looking at additional opportunities for cost-cutting and raising prices for its Max streaming platform, Bloomberg News reported Wednesday, citing people with knowledge of the matter.The cost-cutting plans could include possible layoffs at the media company, which has already eliminated more than 2,000 positions over the past year, according to the report. The company’s streaming business, which includes Max and Discovery+, could see hundreds of millions of dollars in budget cuts, mostly in marketing and technology, Bloomberg News reported. Posted by: Fred 2024-05-10 |
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