The streamer has cancelled its plans to produce Ava DuVernay’s ‘Wings of Fire,’ as well as two children’s titles based on the works of Dr. Ibram X. Kendi, while also laying off 150 staff primarily in its U.S. operations.
Tagged With: layoffs
Deadline reports a memo just sent out by Film & TV president Steve Bertram explains need to reduce headcount by 10%.
The COVID-19 pandemic's economic toll continues to grow, as Parks Chairman Josh D’Amaro breaks the bad news.
BAFTA and Golden-Globe-winning studio signs new sales representation deal, covering the U.S. and most international territories, for its five Oscar-nominated features: ‘Missing Link,’ ‘Kubo and the Two Strings,’ ‘The Boxtrolls,’ ‘ParaNorman,’ and ‘Coraline.’
The Oregon-based studio behind ‘Missing Link’ and ‘Kubo and the Two String’ has let go 15% of their staff due to the COVID-19 pandemic.
Iconic comic book company hit with massive layoffs, including editor-in-chief; streaming service effectively dead as majority of staff let go.
The company-wide restructuring that began Friday continues today as hundreds of employees are being let go.
While animation production seems to be thriving, one of Hollywood’s premier agencies announces a significant staff reduction, another sign of COVID’s continued impact on many areas of the entertainment business.
Previously announced Walt Disney Company move begins as employees whose jobs aren’t deemed necessary will be temporarily dismissed April 19.
Offer made to provide support for those workers affected by the studio’s abrupt closure on December 11.
Formed in 2017, Universal Games and Digital Platforms published titles based on franchises like ‘Minions,’ ‘Jurassic World’ and ‘How to Train Your Dragon.’
Latest executive departures signal corporate restructuring that included naming of new studio president earlier this week is far from over.
Annualized recurring revenue for the software giant rises 24 percent over last year to $1.9 billion.
Five percent of the division’s total staff of 5,000 workers are laid off as Disney shifts to licensing characters to video-game producers rather than making games itself.
Autodesk to reduce near-term staffing levels by 10 percent, or approximately 925 positions, amid restructuring plan to accelerate transition to cloud and subscription business.
Sony Pictures Entertainment lays off its entire Interactive team, with additional cuts expected over the next two years.
Disney Interactive, the struggling video game and digital media subsidiary of Walt Disney Co., is cutting roughly 700 jobs worldwide.