The boom in the media and the small screen circuit is no longer there and recession has managed to strike a great blow there also. It is heard that the media circuit is currently reeling under heavy recession mania and the results are expected.
Reports have been flowing in a great way speaking about salary cuts, job layoffs and extreme working hours for those who are around. Some of the channels like MAA news have already closed its operations and few more are said to be in the pipeline.
Many say that these are some of the toughest times the media is experiencing and no one is really clear as to when this will pass away. For now, it is only those fortunate few who are managing to survive the onslaught and no authorities are coming forward to bail the sectors out of crisis either.
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