Deadline has confirmed that Annapurna has made staff cuts in the current COVID-19 climate, of note CFO James Pong. For the most part, per a spokesperson for the company, the small set of cuts aren&…
For the most part, per a spokesperson for the company, the small set of cuts aren’t impacting senior brass, rather junior executives in film and TV and a handful of assistants. The studio is making modest adjustments given the current economical climate down to senior executives taking a pay cut.
In October 2018, news broke that the prestige Oscar-winning studio was besieged with financial problems. At the time, Annapurna’s feature production head Chelsea Barnard exited with two notable projects exiting the studio,to Lionsgate. Recently, it was announced that Brad Pitt’s Plan B, which had a first look at Annapurna, relocated its deal to Warner Bros.In the wake of Annapurna’s financial woes, they entered into a distribution and marketing pact with MGM called United Artists Releasing.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Madison Square Garden Entertainment Adds CFO As It Spins OffAs MadisonSquareGarden completes its spin off of its entertainment assets from its sports teams, the Hollywood side is adding to its executive ranks
Read more »
MSG Entertainment Begins Life as Public Company, Names New CFOThe newly spun-off MSG Entertainment began trading as a public company on Monday as the live business continues to wait in the wings due to pandemic-related shutdowns of tours and other events.
Read more »
Meghan Markle Made Her First TV Appearance on 'Good Morning America' Since Stepping Down as a RoyalMeghan Markle made her first television appearance since finishing her royal duties to share what it was like to record the narration for Disney's 'Elephant.'
Read more »
Naomi Campbell Has Been Self-Quarantining in Elizabeth Taylor's ClothesYou can always count on NaomiCampbell to keep it real. 'What you see is who I am,' she says. The model and entrepreneur talks what it takes to win MakingTheCut, wearing Elizabeth Taylor's clothes during quarantine, and staying positive on social media.
Read more »
The 15 best concert movies you can stream now, from the Who to BeyoncéFrom 'Stop Making Sense' and 'The Last Waltz' to the Who and Beyoncé, the best concert films to stream while social distancing during COVID-19.
Read more »