Elaine Low-Senior Steve Bertram Entertainment film pandemic Elaine Low-Senior Steve Bertram

Entertainment One Lays Off 10% of Film, TV Workforce Amid Streamlining

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variety.com

Elaine Low Senior TV WriterHasbro-owned Entertainment One is letting go of 10% of its film and TV staff, Variety has confirmed.According to a memo from eOne’s head of film and TV, Steve Bertram, the layoffs come amid a move to “evolve the focus and structure of our organization around the world” and comes in response to the “significant disruption the traditional studio model was experiencing as the technology giants invested heavily in their platforms and the creation of original content.”Recent years have seen the creation of heavily vertically integrated entertainment companies, from Disney to AT&T-owned WarnerMedia to Comcast-owned NBCUniversal, which have all launched streaming services.Deadline first reported news of the layoffs..

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