Disney Combines TV Studios, Eliminating About 30 Jobs (1)

Oct. 1, 2024, 6:28 PM UTC

Walt Disney Co. is consolidating operations that make TV shows, eliminating about 30 jobs in the latest of a series of cost-savings steps.

The drama and comedy teams at ABC and Hulu Originals will be combined, the company said Tuesday in a statement. At the same time, the ABC Signature studio will be shut down, with its operations folded into 20th Television, a former Fox TV business.

“Like the rest of the industry, we’re examining every facet of our business – including how we need to organize our business segments,” the company said in the statement. “In addition to streamlining ...

Learn more about Bloomberg Law or Log In to keep reading:

See Breaking News in Context

Bloomberg Law provides trusted coverage of current events enhanced with legal analysis.

Already a subscriber?

Log in to keep reading or access research tools and resources.