A TCM insider believes Warner Bros’ cuts to the network were motivated by bonuses that give David Zaslav & other executives personal financial incentive to make new cuts.
What's going on at TCM? Insiders detail the fight to protect the network — and why it matters
Submitted 10 months ago by wilberfan@lemmy.film to moviesandtv@lemmy.film
https://ew.com/tv/tcm-insiders-detail-fight-to-protect-turner-classic-movies-network/
reddig33@lemmy.world 10 months ago
Only Zaslav could screw up a network that brings in ten times the money it costs to run.
ChrisLicht@lemm.ee 10 months ago
The board and CFO should be held up for scorn as well. No finance metrics should be optimized in such a way that this decision got made.
moonbairn@lemmy.film 10 months ago
All this meshugaas has me pining for TCM’s halcyon days of Robert Osborne.
kingmongoose7877@lemmy.film 10 months ago
As I commented in another thread regarding TCM, how much could this channel cost? Is their audience 23 people nationwide? The library itself is now owned by WBD, barring the eternal legal c🤬🤬🤬🤬🤬🤬🤬🤬🤬k that is IP, so that can’t be too big of an issue. The staff, including the presenters and writers (who probably get scale), has to be maybe 20-50 people. Sorry for veering into rant territory but I just can’t understand the “logic.”
reddig33@lemmy.world 10 months ago
If you read the article, it estimates running costs at around $20 million per year, and profit at $200 million. I wasn’t kidding when I said “ten times”.
InvertedParallax@lemm.ee 10 months ago
“I’ve got an idea, we’ll borrow 50x!”