TVSpy LostRemote AgencySpy PRNewser FishbowlNY FishbowlDC SocialTimes AllFacebook 10,000 Words GalleyCat UnBeige MediaJobsDaily

FOX O&O’s Bracing For Cuts

fox5_12-11.jpgWhile cuts have been seen at many major media companies over the last few weeks, News Corp. has stayed largely in the clear. That appears likely to change.

According to a local spy, News Corp. is preparing for a round of cutbacks after the new year, mandating major O&O’s to make “across the board” cuts. Stations like New York’s WNYW, Chicago’s WFLD and Houston’s KRIV are expected to be hit hard.

Our source tells TVNewser some talent contracts are not being renewed, and that any talent who want to renew their deals will be asked to take a pay cut. As for existing talent “balking at signing a pay cut,” our source says, “There’s plenty of good talent on the street looking for work.”

Some former Fox Newsers now at O&O’s include Greg Kelly, Dari Alexander and Rick Folbaum at WNYW and Jeff Goldblatt at WFLD.

Mediabistro Course

Social Media 101

Social Media 101Get hands-on social media training for beginners in our online boot camp, Social Media 101. Starting September 4, social media and marketing experts will help you determine the social media sites that matter most to you, based on your personal and professional goals. Hurry, this boot camp starts next week! Register now!