this post was submitted on 06 Mar 2025
17 points (100.0% liked)

[Dormant, move to [email protected]] Shows and TV

1567 readers
2 users here now

Please move to [email protected]

Open discussion of Media / Shows / Television

  1. Be nice
  2. Don't go off topic
  3. Don't rage farm

Other communities

We are still open to mod application, please comment on this post: https://lemm.ee/post/40675177

founded 9 months ago
MODERATORS
[email protected]
[email protected]
[email protected]
17
Sesame Workshop will 'downsize significantly' with layoffs, CEO says (www.npr.org)
submitted 2 months ago by [email protected] to c/[email protected]
1 comments fedilink hide all child comments
you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 5 points 2 months ago

So at face value this seems unfortunate but reasonable.

HBO likely overpaid for Sesame Street, possibly as a result of a private bidding war or just to ensure an even bigger bidding war didn't happen. A new CEO came in a few years ago, likely noticed some extra spending, but with HBO money it was easy to grow. With HBO gone and no one jumping to pick up the tab, a lot downsizing is reasonable.

Unfortunately... the timing also aligns with plans to unionize.

I expect more to this story in the coming months.