Bell Media lays off employees amid restructuring, citing attention challenges

Bell Media says it’s laying some people off as it restructures operations amid a severe attention landscape.

Spokesman Scott Henderson pronounced in an email Tuesday that a association is not disclosing a series of workers who will remove their jobs.

But he pronounced a layoffs, that began Monday and are ongoing, will come from some-more than dual dozen Bell Media locations opposite a country.

Henderson pronounced a restructuring comes as it and other media companies in a nation face augmenting general competition, a expansion of promote technology, and promotion and regulatory pressure.

He pronounced regulatory decisions, like a CRTC banning Bell Media from substituting Canadian ads with American ones during a Super Bowl this year, have had a poignant outcome on revenue.

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Bell Media owns dozens of internal TV stations and specialty channels, 105 protected radio stations, some-more than 200 websites and over 30 apps. The media multiplication employed 6,568 people as of Dec. 31, 2015, down from 7,342 a year prior.

BCE Inc. will news the fourth-quarter gain on Thursday. Last quarter, Bell Media’s revenues rose by 3.5 per cent to $716 million interjection to subscriber expansion from The Movie Network, the Crave TV streaming use and TV Everywhere.

Article source: http://www.cbc.ca/news/business/bell-media-layoffs-1.3960067?cmp=rss