Cuts Coming to the ABC O&Os

At this point I feel like a broken record, as once again we are hearing about more cuts coming to the TV industry.

Word is that for the third time in less than a year, Disney is looking to make large cuts at the company. The O&Os are reportedly on the hit list.

We hear that managers are being told to look at making cuts that will chop the budget by 20%. The company cuts are expected to come through job eliminations and broader expense reductions.

Thousands of job losses are expected and the Disney owned TV outlets are expected to take a large brunt of that hit.

As of now, the timing of any cuts remains unknown.