“Strategic changes” are underway at the broadcast and cable media company owned by Byron Allen, resulting in a reduction-in-force initiative, RBR+TVBR has confirmed.
According to a company spokesperson, Allen Media Group is engaging in the employee roster redo “to better position the company for growth.”
And, these changes, the AMG representative says, “will result in expense and workforce reductions across all divisions of the company.”
AMG business units include a syndication group, with a roster of reality series; digital multicast network This; and African American-focused offering TheGrio, where the Managing Editor has apparently been dismissed.
Then, there is the network group, which includes The Weather Channel, and seven specialty offerings with free ad-supported television (FAST) channel deliverability under the Entertainment Studios banner.
The broadcast group AMG operates under the Allen Media Broadcasting banner is comprised of 27 stations in 22 markets including Tucson; Honolulu; Madison, Wisc.; Eugene, Ore.; and Montgomery, Ala.
Reduction-in-force initiatives has already impacted the over-the-air television stations. According to the Acadian, KADN-15 in Lafayette, La., said goodbye to five part-time production staff members. At WTHI-10 in Terre Haute, Ind., a 15-year sports director is out, among others.
The company representative added that, despite the layoffs, ” Allen Media Group’s brands continue to perform well and in many areas our revenue growth has greatly outpaced the market.”
So why the reduction-in-force? “We are aligning these changes to drive future business opportunities and support our growth strategies in our rapidly evolving industry,” the company spokesperson says.
