On April 2, The Hollywood Reporter editorial director Matthew Belloni tweeted a link to a story in the publication about an agent who had made explosive allegations about her company after being fired. “Execs all over Hollywood now asking themselves how to enact layoffs without this happening,” Belloni commented.
Days later, it was Belloni who was out — and his own employer that was facing a PR debacle. Belloni clashed with his corporate bosses over stories that were deemed too “negative” and could alienate advertisers.
His departure highlighted the conflicts within a media conglomerate that depends on friendly relations with talent and business partners. “THR has a huge perception problem now,” says one C-suite film executive.
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