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Otter Media Lays Off 10% of Staff in Restructuring




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Utsuro no Hako



Joined: 18 May 2012
Posts: 839
PostPosted: Wed Dec 05, 2018 5:15 pm Reply with quote
Pretty obvious at this point that AT&T wants all their digital content in under one umbrella, which means firing people who do duplicate jobs in different orgs. Given that Boomerang recently popped up on VRV, I wonder if they're planning to rebrand that as Warner's streaming site.
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Zof



Joined: 20 Jul 2018
Posts: 200
PostPosted: Wed Dec 05, 2018 6:06 pm Reply with quote
Utsuro no Hako wrote:
Pretty obvious at this point that AT&T wants all their digital content in under one umbrella, which means firing people who do duplicate jobs in different orgs. Given that Boomerang recently popped up on VRV, I wonder if they're planning to rebrand that as Warner's streaming site.


I would be surprised if we don't see consolidation. Thing is, they'll keep what has the most brand recognition. I'd expect traditional Crunchyroll to disappear, and VRV to be renamed Crunchyroll, yet do what VRV was doing.
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Weird Guy



Joined: 24 Jan 2018
Posts: 20
Location: South America
PostPosted: Wed Dec 05, 2018 6:10 pm Reply with quote
Keep Calm and Carry On...
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Cutiebunny



Joined: 18 Apr 2010
Posts: 1337
PostPosted: Wed Dec 05, 2018 11:29 pm Reply with quote
I feel bad for these people, though, with the holidays just around the corner. It's a miserable time to be let go.
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Kadmos1



Joined: 08 May 2014
Posts: 12029
Location: In Phoenix but has an 85308 ZIP
PostPosted: Thu Dec 06, 2018 9:59 am Reply with quote
Counting its earliest predecessor of the Bell Telephone Company (est. 7/9/1877), AT&T has had a semi-monopoly on it respective markets. One would think with all the antitrust suits and layoffs, they would have realized "we own too much". Well, capitalism doesn't really have concern for that.
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