It looks like TalkTV executives have wasted no time cutting overheads after Guido revealed the channel was shifting off broadcast linear TV to become an online live streamer and DAB radio station. Guido hears mass layoffs took place yesterday with two-thirds of the staff let go. So much for the bright streaming digital future. One fell swoop.
The channel’s schedule is being taken apart as the operation returns to its TalkRadio roots. The remaining staff received texts yesterday telling them they are being moved back up from the expansive 10th floor of the Baby Shard to the significantly cosier 17th floor. Meanwhile, old TalkRadio veterans are keeping hold of their casual contracts. As Guido has pointed out, YouTube won’t pay the bills, and currently the live channel has just over a pitiful thousand viewers. It’s back to square one…
UPDATE: A return to radio format would mean enforcement of the no more than “two hosts and one guest” rule.
