Layoffs Shake Up Los Angeles TV as Streaming Dominates
Local TV news faces a crisis as streaming captures half of viewing hours, pushing stations like KTLA-TV in Los Angeles, owned by Nexstar, into layoffs and consolidation. Veteran staff such as meteorologist Mark Kriski are let go, causing viewer backlash. The Nexstar-Tegna merger underscores the growing trend of cost-cutting in pursuit of digital growth.
Mar 30