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☆ Layoffs keep hitting Amazon, Netflix, Warner Bros. Discovery, and more entertainment companies — here's the list of those with recent cuts
▼ + stars: | 2023-11-16 | by ( Lucia Moses | Alison Brower | ) www.businessinsider.com time to read: +7 min

"Netflix missed their numbers, and Wall Street woke up," said Paul Hardart, director of NYU Stern's entertainment, media and technology program. A wide range of companies and employees were impacted, from entertainment giants to independent production companies to Hollywood talent agencies. More consolidation among the legacy media companies and independent production companies is widely expected, which often entails job cuts. Entertainment companies will get back to staffing up, but the jobs will be in stronger growth areas like gaming, streaming, and advertising, more than in filmed entertainment programming. Here are the Hollywood companies, listed alphabetically, that have made layoffs since the summer.

Persons: Paul Hardart, Bob Iger, Joanna Sucherman, Fox, Priyanka Chopra Jonas, Nadia Sinh, Companywide, Rami Malek, Mr, Dawn Olmstead, Heather McCauley, YANNIS DRAKOULIDIS, Oscar, Severance, Roku, Alison Levin, NBCUniversal, Curtis Brown, James, Jennifer Coolidge Organizations: Netflix, Disney, Business, US Bureau of Labor Statistics, NYU, Warner Bros, NBC, JLS Media, Entertainment, Hollywood, Amazon Studios, Studios, Talent, Variety, CAA, ICM Partners, DreamWorks Animation, Apple, NETFLIX, Nasdaq, TechCrunch, Starz, CNBC, Lionsgate, LIonsgate, UTA, Hollywood Reporter, Fletcher & Company, Co, HBO Locations: Hollywood, Australia

☆ How the writers' strike is crushing Hollywood's next generation, as job-seekers face 'skyrocketing' debt, crumbling hope, and endless hours 'just doom-scrolling LinkedIn'
▼ + stars: | 2023-06-30 | by ( Reed Alexander | ) www.businessinsider.com time to read: +15 min

Hollywood development and production have mostly ground to a halt amid the film and TV writers' strike. Young workers hoping to break into entertainment say the strike has made a competitive job market even tougher. Sears, who is currently unemployed, graduated this year with a master's degree in entertainment industry management from Carnegie Mellon University. Now, she's attempting what feels like a herculean feat: getting her career off the ground in the midst of a months-long Hollywood writers' strike, the first labor stoppage to grind the industry to a halt in 15 years. Contact this reporter to share your experience during the writers' strike.

Persons: Young, Delaney Sears, — there's, Sears, they've, —, Joanna Sucherman, Sucherman, Trevor Romero, Romero, Dan Green, grads, Green, Nabha, She's, Purohit, they'd, execs, he's, haven't, Kody Proctor, Proctor, he'd, We've, Reed Alexander Organizations: Hollywood, Carnegie Mellon University, Writers Guild of America, SAG, WGA, Disney, Warner Bros, JLS Media, Fox, United Talent Agency, Young Entertainment, Carnegie Mellon's Heinz College of Information Systems, Public, Savannah College of Art, Alliance, Television Producers, Paramount Pictures, Melrose, Paramount, University of Southern, North Dakota, Carnegie, E, Victoria Cheyenne Locations: California, Angeles, LA, Chicago, Fremantle, Los Angeles, Brooklyn, Georgia, Elm, Mumbai, India, University of Southern California, North, North Hollywood, Victoria, Bolivia

☆ FTX ex-engineering chief Nishad Singh pleads guilty to criminal charges
▼ + stars: | 2023-02-28 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +1 min

Sam Bankman-Fried, co-founder of FTX Cryptocurrency Derivatives Exchange, arrives at court in New York, US, on Thursday, Feb. 16, 2023. FTX ex-engineering head Nishad Singh pleaded guilty to criminal charges in New York on Tuesday, becoming the latest member of Sam Bankman-Fried's former leadership team to agree to a deal. The six charges against Singh include conspiracy to commit securities fraud, conspiracy to commit money laundering and conspiracy to violate campaign finance laws. In December, Bankman-Fried was charged with eight criminal accounts, including securities fraud and money laundering. Two of the charges against Singh are related to wire fraud and another is conspiracy to commit commodities fraud.

☆ Sam Bankman-Fried reportedly denies fleeing to Argentina, says he's still in the Bahamas
▼ + stars: | 2022-11-12 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +2 min

Sam Bankman-Fried, CEO and Founder of FTX, walks near the U.S. Capitol, in Washington, D.C., September 15, 2022. Sam Bankman-Fried told Reuters he is still in the Bahamas, as rumors swirled overnight that the disgraced ex-CEO of the now-bankrupt crypto exchange FTX had run off to South America. FlightRadar24 tweeted early Saturday morning that the one-time crypto billionaire was flying from Nassau to Argentina. The account cited tweets as its sourcing that it was Bankman-Fried aboard the flight in question. Speculation over SBF's (a nickname given to the former FTX CEO) whereabouts come as authorities close in on Bankman-Fried and his failed crypto empire.

☆ Top media recruiters and Hollywood insiders reveal the entertainment jobs in demand now and which companies are hiring in an 'awful' job market
▼ + stars: | 2022-10-17 | by ( Elaine Low | ) www.businessinsider.com time to read: +4 min

The typical fall "hiring boom" in the entertainment industry, especially at the big streamers, is quieter this year. Recruiters and job seekers said the job market is slow, though data and analytics pros are still in demand. Autumn is typically ripe for hiring in Hollywood. "The streamers are always in a hiring boom this time of year but you're not seeing that anymore." Data and tech jobs are still hot, said Sucherman, calling it a sector of the entertainment industry "that is expanding, not contracting."

☆ Hollywood streamers' typical fall 'hiring boom' is much quieter this year. Here's where the jobs are now and when hiring will pick up again.
▼ + stars: | 2022-09-23 | by ( Elaine Low | ) www.businessinsider.com time to read: +4 min

Fall is usually a busy time for hiring in the entertainment industry, especially at the big streamers. Here's why there's a slump and when hiring is likely to pick up again. "The streamers are always in a hiring boom this time of year but you're not seeing that anymore." "Fall is usually busy — you can usually mark the seasons," said entertainment headhunter and former E! Data and tech jobs are still hot, said Sucherman, calling it a sector of the entertainment industry "that is expanding, not contracting."

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