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Hollywood Grapples With Mass Layoffs as the Biz Redefines Itself for Streaming Future
Variety ^ | November 25, 2020 | Cynthia Littleton

Posted on 11/25/2020 9:05:03 AM PST by EdnaMode

Xavier Collin/Image Press Agency/SIPA USA/AP Images This is the winter of discontent for Hollywood workers, as no level of seniority has been spared from the wave of mass layoffs.

Warner Bros. has been shaken by two rounds of layoffs and a wholesale restructuring that have ushered out veterans with decades of service to the Hollywood studio.

NBCUniversal has rewired the structure of its TV content production and distribution operations, leading to hundreds of job cuts. ViacomCBS has periodically shed bodies by the dozens in the year since its two halves formally tied the knot again in December 2019. AMC Networks last week disclosed it will let go of 10% of its U.S. workforce, or about 100 staffers.

(Excerpt) Read more at variety.com ...


TOPICS: Business/Economy; Chit/Chat; Society; TV/Movies
KEYWORDS: amazon; apple; boxoffice; film; hbomax; hollywood; hulu; movies; netflix; streaming
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Sad. (sarcasm)
1 posted on 11/25/2020 9:05:03 AM PST by EdnaMode
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To: EdnaMode

Its so good to see hollywood in turmoil.


2 posted on 11/25/2020 9:06:39 AM PST by hillarys cankles
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To: hillarys cankles

Watching the woke go broke is one of life’s great joys.

When they are on the street begging for food, tell them they can take their “white privilege” and eat that.


3 posted on 11/25/2020 9:08:21 AM PST by cgbg ( Remember 1876--we _can_ do this!--Biden--Office of the Prisoner-Elect)
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To: EdnaMode
The entire medium needs to change. People want streaming series that they can binge watch, filmed in cinema-quality, from the comfort of their massive 4k TVs and Dolby surround sound systems.

Nobody wants to go to the cinema. COVID was the death blow for an already dying medium.

4 posted on 11/25/2020 9:08:32 AM PST by Drew68
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To: EdnaMode

Oh, the tragedy. Sad... these traitors did it to themselves. Get woke, go broke.


5 posted on 11/25/2020 9:08:50 AM PST by Mermaid Girl
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To: EdnaMode

Biden becomes the President-elect, and Hollywood has mass layoffs.

Dont forget that sequence of events Hollywood-its Science!


6 posted on 11/25/2020 9:10:29 AM PST by Darteaus94025 (Can't have a Liberal without a Lie)
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To: EdnaMode

step 1: you fly to LA

step 2: you slut yourself out to some old fat guys

step 3: there’s some lesbians involved, but it’s worth it

step 4: you get the role

step 5: your told to make political statements

step 6: the industry collapses

step 7: you’re a slut out of work

step 8: you descend into drugs

step 9: reverse mortgage commercials

step 10: porn

Hollywood in 10 easy steps


7 posted on 11/25/2020 9:13:56 AM PST by Eddie01 (too exhausted to apply the sarc tag)
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To: EdnaMode
That's a shame!


8 posted on 11/25/2020 9:16:05 AM PST by Grampa Dave ( There was ZERO evidence of a free and fair election! What if Biden doesn't Concede?)
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To: EdnaMode

I look at all of this as good news. It is an object lesson in what happens when businesses alienate half of their customers by choosing a side politically. Nobody could be faulted for subtle messaging but it has become blatant and obvious. And you don’t need to alienate half of your customers when 20% can be the margin of profitability.

Personally I haven’t been to a movie in 8 months but I totally am not buying the movies I have missed for streaming. Streaming really is no substitute for the movie theater experience. Another mistake media companies are making is interpreting stupid pandemic measures for actual social trends. There are some people who are genuinely afraid of Covid but most of everyone else wants to go back to normal, and not that new normal that they are talking about all the time.


9 posted on 11/25/2020 9:23:56 AM PST by webheart (Coronavirus, I give up. Come get me.)
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To: EdnaMode

Click the Pic

10 posted on 11/25/2020 9:24:36 AM PST by Fiddlstix (Warning! This Is A Subliminal Tagline! Read it at your own risk!(Presented by TagLines R US))
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To: EdnaMode

Hollywood Hates America

America dumps Hollywood!!

Gotta love it.


11 posted on 11/25/2020 9:26:02 AM PST by eyeamok
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To: EdnaMode

Wow that’s tragic


12 posted on 11/25/2020 9:28:00 AM PST by V_TWIN (Where's Hunter???)
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To: EdnaMode

Since Hollywood abandoned Judeao-Christian ethics America has discovered that it takes morals to write a morality play. Hollywood has degenerated into the literary equivalent of comic books and now they are even screwing that up.

Streaming may cut overhead but it will not create content. The destruction will be epic and is inevitable. A reprobate mind is a terminal condition.


13 posted on 11/25/2020 9:39:59 AM PST by American in Israel (A wise man's heart directs him to the right, but the foolish mans heart directs him toward the left.)
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To: EdnaMode

14 posted on 11/25/2020 9:41:02 AM PST by dfwgator (Endut! Hoch Hech!)
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To: Eddie01

Like Sharon Stone in “Casino”.


15 posted on 11/25/2020 9:41:53 AM PST by dfwgator (Endut! Hoch Hech!)
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To: EdnaMode

The Hollywood studios have been living off China $$$ for more than a decade now, seriously. Reports said Studios could sell more into the Asian markets than in domestic markets. Film projects could be low grade shoot’em-ups, action thrillers, mostly special effects with little dialogue. Story telling art deteriorated, revenues from Asian markets filled the gap.

Then many ‘celebrities’ were obligated to follow the China-Studio party line. Explains why they are so leftist sick today.


16 posted on 11/25/2020 9:42:11 AM PST by Hostage (Article V)
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To: EdnaMode

Too bad, so sad. Let them eat cake.


17 posted on 11/25/2020 9:49:33 AM PST by dougherty (I saw the angel in the marble and carved until I set him free. - Michelangelo)
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To: EdnaMode
The entertainment industry went all in for leftism and now the left is giving it to them good and hard.


18 posted on 11/25/2020 9:54:15 AM PST by wildcard_redneck (COVID lockdowns are the Establishment's attack on the middle class and our Republic)
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To: EdnaMode

So how many (wannabe) actresses are going to be sliding into online porn and reaping the money themselves?


19 posted on 11/25/2020 9:58:21 AM PST by a fool in paradise (Who built the cages, Joe?)
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To: EdnaMode

Will Amazon Pantry be delivering $13 boxes of popcorn and a $12 Coke with crushed ice?


20 posted on 11/25/2020 10:00:07 AM PST by moovova
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