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Untitled Document

Machete Moonves: Cuts at CBS News may be because of Katie Couric Oh Yeah! and maybe the economy and the WGA strike too

Published: Wednesday, April 02, 2008

By SDH
Media analysts and some media executives say that the country is in a recession. But Fed Chairman Ben Bernanke says the country may go into recession. Are media executives like Les Moonves and analysts soft to CBS and other media companies using the economy as an excuse for job cuts and shitty revenues by prematurely pushing the country into recession? Another reason used my media execs and analysts is the recent WGA strike. We don’t quite understand because most if not all the big media companies and the analysts who follow them claimed that the strike wouldn’t hurt them at all. So why now with CBS cutting jobs across its TV stations are we seeing the WGA strike listed as a possible reason. If you ask us, Moonves is cutting jobs across his TV stations to keep Katie Couric. With the shitty rating of the CBS Evening News and her $15 million a year salary, we wouldn’t be surprised. Les would rather cut than admit he chose bad when he chose Couric.

Labels: Analysts, CBS, KatieCouric, LAYOFFS, LesMoonves, MEDIA_AND_THE_ECONOMY

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