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Warner Bros. Entertainment Inc. (commonly known as Warner Bros. and abbreviated as WB), is an American diversified multinational mass media and entertainment conglomerate headquartered at the Warner Bros. Studios complex in Burbank, California, and a division of AT&T's WarnerMedia. Founded in 1923 by brothers Harry, Albert, Sam, and Jack Warner, the company established itself as a leader in the American film industry before diversifying into animation, television, and video games, and is one of the "Big Five" major American film studios, as well as a member of the Motion Picture Association (MPA).
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Disney Layoffs: 20th Digital Studio Folding, D23 Team Downsizing

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deadline.com

As we are kicking off Day 3 of Disney’s second round of layoffs, here is information on a couple of cuts that happened yesterday but got lost in the flurry of staff reductions.

We will update with more as layoff news comes in throughout the day. Digital content division 20th Digital Studio, led by EVP David Worthen Brooks, has been dissolved.

Brooks will be transitioning into a first-look deal with Hulu, 20th Digital’s main distributor, as an independent producer. Founded in 2008 as Fox Digital Studio and acquired by Disney as part of the $71.3 billion 2019 deal for key Fox assets, 20th Digital Studio, most recently part of Disney General Entertainment Content, developed, funded and produced short-form, branded, and digital genre content from emerging filmmakers.

It is known for the Bite Size Halloween shorts, for which the unit signed a deal with Hulu last year to turn into nine horror features.

Read more on deadline.com
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