Welcome to our new quick cord cutting roundup, breaking down three of the biggest cord cutting stories every weekday. Each day we cover a wide range of cord cutting stories, but this quick breakdown of the three biggest will make sure you won’t miss out on what is happening in the world of cord cutting.
Amazon’s CEO is Taking a Massive Pay Cut
Recently Amazon has been cutting costs and cutting staff. Now CEO Andrew Jassy is having his 2022 pay cut from $212 million per year to $1.3 million.
Andrew Jassy became CEO of Amazon in 2021 and is already earning less than Amazon founder Jeff Bezos, who is now the executive chair. There is no word on if Jeff Bezos will take a pay cut, but his pay was already cut after he stepped down as CEO to $1.6 million.
ATSC 3.0 NextGen TV Now Offers Free PBS On-Demand TV With Your Antenna
For years now, one of the big promises of ATSC 3.0 NextGen TV was the ability to get on-demand TV free over the air with your antenna. Just live 4K of live TV but on-demand 4K OTA TV. Now thanks to PBS KET in Lexington, KY that is becoming a reality.
Now in the Louisville area, KET’s WKMJ transmitter has been updated to offer on-demand video free over the air.
Best Buy is Laying Off Hundreds of Employees
Following layoffs at Amazon and Walmart, we now learn that Best Buy will be laying off hundreds of employees. This move comes as Best Buy hopes to focus more on e-commerce and is cutting jobs in its physical stores, according to the Wall Street Journal.
Best Buy ended 2022 with more than 90,000 employees in North America. Cutting even a few hundred will be a very small percentage of its workforce. Currently, we do not know the full extent of the layoffs at Best Buy, but it has been reported to be several hundred.
Bonus: Netflix’s ‘Love is Blind’ Live Reunion Failed to Stream After Technical Glitch
Netflix’s highly anticipated live stream of the ‘Love is Blind’ reunion last night failed to go off as expected. As fans waited for the show, Netflix announced a delay that kept getting longer and longer.
Many fans were left wondering what happened as after Netflix tweeted about a 15-minute delay the show was still not live an hour after it was supposed to start.
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