Showtime Networks Inc. is cutting loose 10 percent of its staff, or 70
The cuts are coming across various departments and levels, sources said.
Showtime officials would not comment on specific departmental or staff
In a prepared statement, Showtime said that after a
strategic review, "We have concluded that there are efficiencies to be gained
and opportunities to streamline our organization."
Another premium pay service is also cutting back. Home Box Office is
axing 20 people from its affiliate-sales unit.
Explaining the reduction, president of sales and marketing Eric Kessler
said HBO is restructuring affiliate sales from a regional to an account-based
"This enables us to service our affiliates more effectively and operate more
efficiently," he added.