Submitted by scuczu t3_yfpq3l in television
MrPotatoButt t1_iuaaj45 wrote
Reply to comment by dja119 in CNN Cuts Back on Original Series and Films by scuczu
Its the new owner's company. They probably won't gut WarnerMedia much; its like throwing away its value. What will probably kill WarnerMedia is the economy. We saw an explosion in scripted content for the past decade because the cost of borrowing money was cheap. All that money is drying up in interest rates. WM, as all streaming companies, will have to be pickier about what they produce, and less scattershot media production.
dja119 t1_iubafpl wrote
I do a lot of work for Warner in Atlanta as a freelancer. It's pretty grim there understandably with the layoffs. Rank and file aren't very optimistic thus far, especially on the animation side.
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