Welcome to Web Series World News, where we as a community discuss current events in the digital and TV worlds! Today’s topic:
In late 2017, Cracked laid off the majority of their video and editorial staffers, a few weeks ago, it was Funny Or Die, and this week CNN laid off at least 50 more staffers (not to mention the staffers who were laid off after they shut down Beme, the Casey Neistat collaboration they’d acquired last year). Here are even more examples of what’s being dubbed the “great digital media purge.”
Given that the job opportunities in digital video were slim to begin with, what are your thoughts about these trends? Are you worried, or is this just par for the course for new media as it finds its place in the larger industry?