Byron Allen‘s Allen Media Group said it is cutting costs and will be laying off employees.
15.04.2024 - 22:21 / variety.com
Adam B. Vary Senior Entertainment Writer Marvel laid off 15 staffers on Monday, including lower-level production and development employees in Marvel Studios in Burbank as well as employees in the Marvel Entertainment division in New York. The layoffs were predicated by the overall reduction in Marvel’s slate of film and TV titles after the challenges of the 2023 releases led the company to reassess the rapid increase in productions to feed the launch of Disney+.
They’re also meant to address Disney’s decision in March 2023 to absorb the Marvel Entertainment banner, which had operated as an independent unit, into other divisions of the company, which created redundant positions. The latter decision has already led to the dismissal of Isaac “Ike” Perlmutter from his position as chairman of Marvel Entertainment, as well as two other top executives. Perlmutter was a staunch supporter of Nelson Peltz’s recent failed attempt to join the Disney board of directors.
In the February earnings call, Walt Disney Company CEO Bob Iger unveiled a strategic initiative to recalibrate the studio’s production slate. The move responds to various industry challenges with an eye on elevating the quality of the company’s cinematic offerings. “So, the first step that we’ve taken is that we’ve reduced volume,” Iger said on the call.
“We’ve reduced output, particularly at Marvel. When you fix or when you address these issues within movies, you do three things. You get aggressive at making sure the films you’re making can be even better.
Byron Allen‘s Allen Media Group said it is cutting costs and will be laying off employees.
Patrick Frater Asia Bureau Chief Prolific Philippines-based Epicmedia Productions has come on board “The Passport,” a Malaysian coming of age story about a Tamil family and their punk rock daughter. Production is by Malaysia’s Sixtymac Pictures. Currently at financing stage, the project will mark the directing debut of Ananth Subramaniam, whose short films have played at BiFan and Fantasia, and whose works explore his Tamil-ancestral identity and family within the context of a multi-layered genre.
Zach Roloff and his wife Tori officially exited Little People Big World on TLC on last night’s season finale.
A member of the kitchen staff at the Plaza Hotel Lucchesi in Florence, Italy must be a big fan of The Office!
The director of Mr Bates vs the Post Office has urged the creation of a “mechanism” for British broadcasters to continue to tell campaigning stories as he communicates a desire for his smash ITV drama not to become a “unicorn.”
Broadway star Lindsay Mendez and her beau J Alex Brinson have tied the knot!
Daniel Radcliffe and Jonathan Groff as ring bearer and officiant, respectively, in her New York City nuptials to fellow actor J. Alex Brinson.Her 3-year-old daughter, Lucy, from her marriage to Philip Wakefield, also played a major part in the intimate Central Park ceremony: She stood by her mom’s side as the flower girl.The couple met while starring alongside each other in OWN’s “All Rise” and were engaged on Christmas Day last year.
Nick Offerman has recalled the time he spent a whole night in jail, having “experimented with misdemeanours” as a teenager.Appearing on Wednesday (April 17) night’s episode of Jimmy Kimmel Live!, Offerman joked that he was “the douchebag” in a family of “exemplary citizens”.“I experimented with misdemeanours when I was young,” said the Parks And Recreation star, before detailing the time he was once jailed after he and a group of friends were mistaken for robbers.“Some friends and I, we can say this now, in California, we were smoking marijuana out behind a community theatre late one night. And some flashlights came along the creek where we were hanging out, and we realised it was police, and so we began to tiptoe away, and they gave chase, and we wisely ran,” Offerman explained.“And they tackled us and an incredibly tough, diminutive woman who I think may have been Holly Hunter,” he joked, referring to his Paradise co-star, “had her boot on my head and she had her gun on me.”He continued: “It turned out that a restaurant had been robbed of a bunch of cash up the creek.
Dorinda Medley is reacting to all the Bravo news.
Super Junior have announced their upcoming 2024 ‘Super Show Spin-off: Halftime’ tour, with concerts in Thailand, Singapore and more.Today (April 18), Super Junior announced the dates and venues of their upcoming 2024 ‘Super Show Spin-off: Halftime’ tour. It comes about three months after the boyband first teased the tour in a statement to news outlet News1.The K-pop boyband will kick off their 12-date tour with a two-date performance on June 22 and 23 at the KSPO Dome in Seoul, South Korea.
Zack Sharf Digital News Director Joseph Quinn is joining the Marvel Cinematic Universe as Johnny Storm/Human Torch in the upcoming tentpole “The Fantastic Four,” starring opposite Pedro Pascal (Reed Richards/Mr. Fantastic), Vanessa Kirby (Sue Storm/The Invisible Woman), Ebon Moss-Bachrach (Ben Grimm/The Thing) and Julia Garner (the Silver Surfer named Shalla-Bal). It’s a pivotal time for the MCU as debates over “superhero fatigue” rage on following the onslaught of 2023 comic book movie flops, which included Marvel’s own “Ant-Man and the Wasp: Quantumania” and “The Marvels.” Is Quinn worried about Marvel superhero fatigue as he gears up to shoot “The Fantastic Four” and enter the MCU? He shrugged off any concerns in an interview with Entertainment Weekly.
Jennifer Maas TV Business Writer Video game publishing giant Take-Two Interactive is laying off 5% of its workforce, approximately 600 employees, and canceling several projects currently in development as part of a cost-cutting initiative across the company behind “Grand Theft Auto.” Take-Two filed paperwork with the SEC Tuesday regarding the downsizing, which it says will be “largely complete” by the end of 2024. “The Company estimates that it will incur approximately $160 million to $200 million in total charges in connection with the Plan,” per Take-Two’s filing.
Kristoffer Polaha and Lacey Chabert are teaming up for a Hallmark Christmas movie!
Season 15 of The Real Housewives of New York City is reportedly gaining a new castmate!
Michaela Zee Crystal Kung Minkoff has announced her departure from “The Real Housewives of Beverly Hills” after three seasons. “I just wanted to share the news that I will not be coming back to film Season 14 of ‘Real Housewives of Beverly Hills,’” Minkoff said in an Instagram video. “It’s very bittersweet.
EXCLUSIVE: We understand that Marvel underwent a handful of layoffs Monday, with 15 employees impacted across Marvel Entertainment in New York and Marvel Studios in Burbank.
Civil War is having a huge start for A24!
When Seth MacFarlane introduced Second Gentleman Doug Emhoff and Vice President Kamala Harris at a 2024 fundraiser at his home this evening, his guests got a sampling of his irreverent humor.
A24‘s Alex Garland political thriller, Civil War, is off to a solid start with $2.9M in Thursday previews, the movie on its way to $20M+ opening. Nobody, rivals nor A24 are complaining about that for what is the studio’s priciest pic — under $60M before P&A.
Dustin Hoffman has signed on to star in a currently untitled Peter Greenaway movie alongside Helen Hunt (As Good As It Gets) and Sofia Boutella (Kingsman).