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Stock impact report

TheGrio Lays Off Video, Pod Team, Managing Editor Over ‘Strategic Changes' [Yahoo! Finance]

Charter Communications, Inc. - Class A (CHTR) 
Last charter communications, inc. - class a earnings: 5/1 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: ir.charter.com
Company Research Source: Yahoo! Finance
eliminating the managing editor's position, according to an individual with knowledge of the situation. “The axe is falling at TheGrio,” an individual with knowledge of the situation told TheWrap. Members of the podcast and video team have also been laid off, as has managing editor Christy Oglesby, the individual said. “Allen Media Group is making strategic changes to better position the company for growth that will result in expense and workforce reductions across all divisions,” the company said in a statement to TheWrap. The company's brands “continue to perform well and in many areas our revenue growth has greatly outpaced the market. We are aligning these changes to drive future business opportunities and support our growth strategies in our rapidly evolving industry,” Allen Media Group said. TheGrio was acquired by Allen Media Group in 2016, which also owns 27 network affiliate broadcast television stations in 21 U.S. markets. The outlet prides itself on being the larg Show less Read more
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