Warner Bros. Discovery made a move to let go of 82 employees and eliminate 43 open positions from its Television division. According to
, Channing Dungey, chief executive officer, Warner Bros. Television, released an internal memo to employees stating that Hanna-Barbera Studios Europe, Warner Bros. Animation and Cartoon Network Studios will all continue to exist and be run by Sam Register, president, Warner Bros. Animation, Hanna-Barbera Studios Europe and Cartoon Network Studios, as part of the company’s “new streamlined structure.” Warner Bros. Animation and Cartoon Network Studios will now share “development and main production teams.”
This comes after multiple cost-cutting moves for the company, including
. Back in August,
. Additional shows are being produced in lower volume or have been
While Warner Bros. Discovery seems to be cutting costs with content,
. This October, for example, Warner Bros. Discovery leaned into the “Scooby Doo” IP to announce “
,” a merchandise plan for Halloween. Additionally, merchandise for “
” (a “Game of Thrones” spinoff) and an expansion of the
have recently been revealed from the brand. Leaning on evergreen IP properties is nothing new, but this latest move gives Warner Bros. Discovery the chance to save money while raking in more guaranteed revenue, rather than investing in properties that may or may not turn a profit.
, Warner Bros. Animation, Cartoon Network Animation and Hanna-Barbera Studios will remain distinct brands after their merge.
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