[ad_1]
DreamWorks Animation cut about 70 positions, as many entertainment companies have adjusted their staffing levels amid rising production costs and this summer’s work stoppages.
“Roles affected were across corporate functions, feature, television and technology departments as part of an overall cost-reduction,” DreamWorks Animation said in a statement released on Sunday.
The Glendale-based company produces movies including “Puss in Boots: The Last Wish,” “Abominable” and upcoming “Trolls Band Together.” News outlet Deadline was the first to report on the layoffs, which affected roughly 4% of DreamWorks Animation’s workforce.
The cuts last week follow other companies that have been reducing their expenses amid this summer’s dual Hollywood strikes by film and TV writers and actors that have delayed or suspended many productions. Local businesses including talent agencies, production companies and prop houses have felt the financial squeeze.
Two weeks ago, the Writers Guild of America ended their 148-day strike against major studios represented by the Alliance of Motion Picture and Television Producers. when both sides reached a tentative agreement. Writers have until Monday at 1 p.m. to vote on it.
Film and TV actors led by SAG-AFTRA remain on strike and are continuing negotiations on Monday with the AMPTP.
Even once that strike were to end, industry observers said it would take some time to get productions back up and running to the levels before the strikes. Many crew members have also been out of work due to the production shut downs.
Unrelated to the strikes, animation has been an area that has been significantly affected by the boom in streaming and its later course correction. Companies like Netflix heavily invested in animation as a way to attract younger audiences, but after facing a slow down in subscriber growth, cut part-time animation related jobs and canceled series. HBO Max also canceled shows.
Source link
Reach Out
Don’t hesitate to reach out to us to discuss your specific needs. Our team is ready and eager to provide you with tailored solutions that align with your firm’s goals and enhance your digital marketing efforts. We look forward to helping you grow your law practice online.
Our Services:
Blog Post Writing
We do well-researched, timely, and engaging blog posts that resonate with your clientele, positioning you as a thought leader in your domain.
Content Writing
Beyond articles and content for blogs, we delve into comprehensive content pieces like eBooks, and case studies, tailored to showcase your expertise.
Website Content Writing: First impressions matter. Our content ensures your website reflects the professionalism, dedication, and expertise you bring to the table.
Social Media Management
In today’s interconnected world, your online presence extends to social platforms. We help you navigate this terrain, ensuring your voice is consistently represented and heard.
WordPress Website Maintenance
Your digital office should be as polished and functional as your physical one. We ensure your WordPress site remains updated, secure, and user-friendly.
For more information, ad placements in our attorney blog network, article requests, social media management, or listings on our top 10 attorney sites, reach out to us at canyoncrestguide@gmail.com.
Warm regards,
