EXCLUSIVE: Lionsgate Television is reducing the number of its development deals by more than half, sources tell Deadline.
The move comes on the heels of Lionsgate’s acquisition of indie TV studio eOne from Harbro, which was completed at the end of December.
It follows a two-month review of the combined talent roster of Lionsgate Television and eOne, which I hear included nearly 60 overall and first-look deals.
More than 50% of them — across both eOne and Lionsgate TV — have now been cut. A rep for Lionsgate declined comment. A push to trim costs and eliminate “inefficiencies” is an unfortunate but inevitable fallout from any merger or acquisition.
Read more on deadline.com
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