Warner Bros. Animation and Cartoon Network Studios have officially announced their merger. Millions of fans are concerned about the future of popular animation studios as a result of the news. As a result, youngsters worldwide are feeling nostalgic after learning that their beloved Cartoon Network will merge with Warner Bros Animation. Netizens took to social media to reminisce about their childhood memories and iconic characters such as ‘Popeye the Sailor,’ ‘Bugs Bunny and the Looney Toons,’ ‘Courage the Cowardly Dog,’ and ‘Johnny Bravo.’ On October 1, 1992, Cartoon Network was established.
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According to recent report correspondence, Warner Bros. Television CEO Channing Dungey stated that the planned merger may have a greater impact than previously anticipated.
According to media reports, Warner Bros. announced on Tuesday that 125 jobs, or 26% of their workforce, would be cut across scripted, non-scripted, and ongoing programmes. However, according to some Cartoon Network officials, these are all just rumours.
Cartoon Network Studios is being shut down after 30 years and will be merged with Warner Bros‼️😔 pic.twitter.com/TBCjfXSjmH
— RapTV (@Rap) October 13, 2022
Cartoon Network Studios’ most recent set of changes correlate with some of their animated shows becoming less accessible to viewers. Furthermore, Cartoon Network ratings have been decreasing for some time; according to Nielsen data, viewership will be down by 26% in 2021.
RIP Cartoon Network (1992-2022) 💔 pic.twitter.com/LVXDBtRedD
— moc 🏜 (@manofculturez) October 12, 2022
The channel was founded by Ted Turner (who appointed Betty Cohen as the network’s first president) on October 1, 1992, and primarily broadcasts animated television series, mostly children’s programming, ranging from action to animated comedy. It is currently available from 11 a.m. to 9 p.m. on weekdays and 6 a.m. to 9 p.m. on weekends.
21 years ago today ‘The Powerpuff Girls’ premiered on @cartoonnetwork and we met the 3 kindergarten superheroes made up of sugar, spice, and everything nice! Happy Anniversary to this amazing show! pic.twitter.com/wLnmPDAevl
— The Tylt (@TheTylt) November 18, 2019
Cartoon Network is available to approximately 94 million paid television households in the United States as of March 2021.
Many Thanked the Network for giving some of the best shows:
You’ll forever live in my heart. 🥺🥺#CartoonNetwork https://t.co/Y5EE4oNcwI pic.twitter.com/4sEmtGmKLs
— தமிழ்Velan (@Thamizh_Velan) October 14, 2022