Bron, the Canadian financier which had slate deals with WB and MGM, has confirmed that it is downsizing and changing course. Rumours have been swirling for a couple of months that the Joker backer …
, the Canadian financier which had slate deals with WB and MGM, has confirmed that it is downsizing and changing course.backer has had to shed staff and will be unable to commit to big-canvas movies going forward. Indiewire had a piece up in late August which first highlighted the trouble. Bron has this week confirmed the changes.
A company executive said: “BRON is continuing to shift its business model as is the industry, and as such, there have been some changes at the company that allow us to fine tune as we look forward. We are focusing back to our core business as creative producers as it has always been about the content: animation, gaming, live-action film, tv, and non-scripted. There has been some turnover and some resetting as we focus our energies firmly on our content.
The company is working to secure new investment as it restructures its model around its digital division. The gaming element remains strong, we hear. The company won’t be out on features entirely, but is adjusting its appetite. The international film sales component will be impacted. While some projects will remain on the sales slate for now, others may move on.
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.
NXT Recap 10/11: Things Heat Up Between Breakker & DragunovOur recap for this week's episode of WWENXT on USA, where NXT Champion BronBreakker and IljaDragunov each got hard shots in on each other ahead of HalloweenHavoc. WWE
Read more »
Kim Foxx Faces Withering Criticism Amid High Staff Turnover at State's Attorney's OfficeCook County State’s Attorney Kim Foxx is facing questions as her office continues to see a high rate of turnover, with hundreds of staffers leaving in just over a year.
Read more »
How Product-led Content is Revolutionizing SaaS Marketing | HackerNoonProduct-led content has changed the way that subscription as a service business models function online, opening new opportunities in the online field. - contentmarketing marketing
Read more »
Analysis: Xi faces painful gear shift as China's investment-led growth sputtersWith youth unemployment at record highs, growth near historic lows, a property crisis and eye-watering debt levels, Xi Jinping faces once-in-a-generation economic challenges and decisions as he prepares to extend his tenure as China's leader
Read more »
Field Museum employees announce union campaignMuseum workers at Chicago’s Field Museum went public Thursday with a union campaign they said was driven in part by low wages, high turnover, and a lack of transparency at the museum.
Read more »
UK foreign minister shies away from committing to corporation tax planForeign minister James Cleverly shied away from confirming or denying whether the government would retain its policy on low corporation tax on Thursday, saying only it was important to keep businesses competitive.
Read more »