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  • Anticipated Cost Cuts Could Mean Layoffs for Disney-ABC Television Group

    As Disney’s fiscal year-end approaches, several online sources including the Wall Street Journal, are reporting that Disney is looking to cut up to 10% in their costs at their ABC Television Group division. Those affected could include the ABC broadcast network, ABC Studios, ABC News, and local stations, with Disney Channel and Freeform possibly seeing […]

  • ABC News Settled Defamation Lawsuit for $177 Million

    According to CNN, ABC News had to pay out an extremely large sum of $177 million as they settled a defamation lawsuit earlier this summer. This financial information was released on Tuesday as a footnote in the Walt Disney Company’s quarterly earnings. Much of the settlement was connected to a multi-year “legal dispute with South […]

  • ABC News Settled Defamation Lawsuit for $177 Million

    According to CNN, ABC News had to pay out an extremely large sum of $177 million as they settled a defamation lawsuit earlier this summer. This financial information was released on Tuesday as a footnote in the Walt Disney Company’s quarterly earnings. Much of the settlement was connected to a multi-year “legal dispute with South […]

  • ABC News Partners with ATTN: for Content Aimed at Millennials

    Disney-owned ABC News has formed a joint venture with video news site ATTN: to produce videos for social media in an effort to capture a younger demographic. The partnership will use ABC’s resources to create short form news content for social media platforms such as Instagram and Twitter. The much sought after millennial age range […]