news division

‘CBS Mornings’ is leaving its Times Square studio amid Paramount cost-cutting

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Faced with shrinking ratings and revenue, CBS News is moving its morning program out of its Times Square Studio. Later this year, “CBS Mornings” will head back to the news division’s broadcast center on the West Side of Manhattan, according to two people familiar with the plans who were not authorized to comment publicly. The … Read more

Layoffs hit ABC News and Disney’s entertainment TV channels

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ABC News and Walt Disney Co. entertainment networks are being hit with a 6% reduction in staff amid shrinking ratings and revenues for traditional television. Workers were told of the cuts Wednesday. The reduction of 200 positions is being made across Disney‘s television units, with news suffering the biggest job losses. Rumors of work force … Read more