EA’s Bioware Is Laying Off 50 Employees
The layoffs are part of a larger restructuring happening at parent company EA, which is cutting 6% of its global workforce.
The layoffs are part of a larger restructuring happening at parent company EA, which is cutting 6% of its global workforce.
Hasbro Entertainment has appointed a trio of former eOne bosses to lead its film, tv, animation, and digital media businesses.
Invisible Universe runs an IP-driven animation studio that builds audiences for its properties online before seeking traditional distribution.
And could separating linear tv operations from the rest of the company signal a future sale to a larger entity like Apple or Alphabet?
The shutdown comes as parent company Disney is looking to cut 7,000 jobs and save $5.5B this year.
The group will study artificial intelligence and how it can be applied across Disney’s many businesses, including production.
The studio is working with Mimo Studios on an animated adaptation of kids’ podcast ‘The Alien Adventures of Finn Caspian.’
An unsteady quarter saw the company post a net loss of $1.24 billion, or 51 cents per share.
“Hasbro will continue to develop and produce entertainment based on the rich vault of Hasbro-owned brands,” said Hasbro CEO Chris Cocks.
In addition to its commissioned work, Spud Gun Studios has ambitions to produce its own original animated properties.
The two former Disney executives have both previously been touted as possible replacements for CEO Bob Iger when his contract is up in 2026.
“We are absolutely committed to making original animated films and are in development on a handful of projects,” said Naito.
Guests will get to interact with their favorite characters from ‘Shrek,’ ‘Kung Fu Panda,’ ‘Trolls,’ and other Dreamworks franchises.
DNEG, which employs nearly 7,000 workers globally, will lay off around 70 of its 900 London-based workers.
With competitive incentives, a young and talented workforce, and progressive culture programs, Malaysia has become a SE Asian animation hub.
The finance and production company behind ‘The Willoughbys’ and ‘The Adams Family’ says it has been struggling since the pandemic.
Sixty-six workers from WBA and 22 from CN have asked Warner Bros. Discovery bosses to voluntarily recognize their bargaining unit.
This marks the first time that TAG has organized outside of the continental United States.
Iger believes that Pixar has had some “creative misses.”
The double-strike could have a significant impact on next year’s TAG contract negotiations.