![Image](https://m.media-amazon.com/images/M/MV5BOTE3YjAxYjYtZDQxZC00OWZmLTgxN2QtMmEwYzZlNTk1M2U1XkEyXkFqcGdeQXVyMTE0MzQwMjgz._V1_QL75_UX500_CR0,0,500,281_.jpg)
Vice Media announced a series of leadership changes on Tuesday, a day after its bankruptcy sale was closed.
Katie Drummond, senior vice president of global news and entertainment, is stepping down, along with Jason Koebler, the editor in chief of Motherboard, and Emmanuel Maiberg, Motherboard’s executive editor. Matthew Schnipper, senior director of global news operations, will leave in September to focus on a book project. Given the departures, an interim structure will be announced in the coming days.
The changes were announced in a memo sent to staffers on Tuesday by Cory Haik, chief operating officer of Vice’s news and entertainment group. They also included organizational changes in Vice’s commercial groups.
Jamie Clifton, editor in chief of Vice Culture, and Erica Matson, executive producer of Vice News and Entertainment, will continue to lead text, multiplatform and video teams, reporting to Haik.
“While more change is surely not easy,...
Katie Drummond, senior vice president of global news and entertainment, is stepping down, along with Jason Koebler, the editor in chief of Motherboard, and Emmanuel Maiberg, Motherboard’s executive editor. Matthew Schnipper, senior director of global news operations, will leave in September to focus on a book project. Given the departures, an interim structure will be announced in the coming days.
The changes were announced in a memo sent to staffers on Tuesday by Cory Haik, chief operating officer of Vice’s news and entertainment group. They also included organizational changes in Vice’s commercial groups.
Jamie Clifton, editor in chief of Vice Culture, and Erica Matson, executive producer of Vice News and Entertainment, will continue to lead text, multiplatform and video teams, reporting to Haik.
“While more change is surely not easy,...
- 8/1/2023
- by Ted Johnson
- Deadline Film + TV
![Vice News Tonight (2016)](https://m.media-amazon.com/images/M/MV5BY2I5OGQ1ZWMtNjgxNi00ZjQ4LTk3YmQtZGYzMGNkMDkwNjllXkEyXkFqcGdeQXVyNjMxMDgyNzQ@._V1_QL75_UY207_CR2,0,140,207_.jpg)
![Vice News Tonight (2016)](https://m.media-amazon.com/images/M/MV5BY2I5OGQ1ZWMtNjgxNi00ZjQ4LTk3YmQtZGYzMGNkMDkwNjllXkEyXkFqcGdeQXVyNjMxMDgyNzQ@._V1_QL75_UY207_CR2,0,140,207_.jpg)
Vice Media has canceled “Vice News Tonight,” announcing Thursday that the news program’s final airdate will be May 25.
The move comes amid company-wide layoffs at Vice Media and a strategic refocus on digital video and news documentary verticals.
“We believe this strategic focus strongly positions Vice’s incredibly important news coverage for the future,” co-CEOs Bruce Dixon and Hozefa Lokhandwala wrote in a staff memo Thursday.
At the top of their announcement, Dixon and Lokhandwala cited the “current market conditions and business realities facing Vmg and the broader news and media industry” as they join a growing list of media companies to implement layoffs over the last year — a list that most recently includes the shuttering of BuzzFeed News.
Also Read:
How Vice, Vox and BuzzFeed Blew the Future of Media
“We hope you understand that these changes were not made lightly, and that it is extremely painful to see our colleagues leave,...
The move comes amid company-wide layoffs at Vice Media and a strategic refocus on digital video and news documentary verticals.
“We believe this strategic focus strongly positions Vice’s incredibly important news coverage for the future,” co-CEOs Bruce Dixon and Hozefa Lokhandwala wrote in a staff memo Thursday.
At the top of their announcement, Dixon and Lokhandwala cited the “current market conditions and business realities facing Vmg and the broader news and media industry” as they join a growing list of media companies to implement layoffs over the last year — a list that most recently includes the shuttering of BuzzFeed News.
Also Read:
How Vice, Vox and BuzzFeed Blew the Future of Media
“We hope you understand that these changes were not made lightly, and that it is extremely painful to see our colleagues leave,...
- 4/27/2023
- by Benjamin Lindsay
- The Wrap
![Image](https://m.media-amazon.com/images/M/MV5BMTY3ZGYwYzEtMzIwZi00YjA1LWI5MjItMDk5YmE1OTAwNGYyXkEyXkFqcGdeQXVyMTE0MzQwMjgz._V1_QL75_UX500_CR0,0,500,281_.jpg)
Vice Media Group announced that it was streamlining its news division, including layoffs and the cancelation of its signature newscast, Vice News Tonight.
Bruce Dixon and Hozefa Lokhandwala, co-CEOs of Vice Media Group, said that the changes were in “response to the current market conditions and business realities facing Vmg and the broader news and media industry.”
“To be incredibly clear, Vice News is core to Vice Media Group and fundamental to our business. We are Not exiting the news business, but we are changing the shape of Vice News to position the whole Company for long-term opportunities and improve how we deliver important, ground-breaking journalism well into the future,” they wrote.
Related: Tucker Carlson Speaks Out For The First Time Since Fox News Exit, Railing Against “The People In Charge” Of American Media
The staff reductions are the latest to hit the news business, with both traditional and digital...
Bruce Dixon and Hozefa Lokhandwala, co-CEOs of Vice Media Group, said that the changes were in “response to the current market conditions and business realities facing Vmg and the broader news and media industry.”
“To be incredibly clear, Vice News is core to Vice Media Group and fundamental to our business. We are Not exiting the news business, but we are changing the shape of Vice News to position the whole Company for long-term opportunities and improve how we deliver important, ground-breaking journalism well into the future,” they wrote.
Related: Tucker Carlson Speaks Out For The First Time Since Fox News Exit, Railing Against “The People In Charge” Of American Media
The staff reductions are the latest to hit the news business, with both traditional and digital...
- 4/27/2023
- by Ted Johnson
- Deadline Film + TV
![Image](https://m.media-amazon.com/images/M/MV5BYmJiY2RiNzYtYWRjNS00OWE2LThjNGEtYTdlY2ZkN2Q4NGRiXkEyXkFqcGdeQXVyMTE0MzQwMjgz._V1_QL75_UX140_CR0,0,140,140_.jpg)
![Image](https://m.media-amazon.com/images/M/MV5BYmJiY2RiNzYtYWRjNS00OWE2LThjNGEtYTdlY2ZkN2Q4NGRiXkEyXkFqcGdeQXVyMTE0MzQwMjgz._V1_QL75_UX140_CR0,0,140,140_.jpg)
Jesse Angelo, global president of news & entertainment at Vice Media Group, announced Wednesday that he will be leaving the company, in the second big exit in recent weeks.
Angelo, who has served in this position since 2019, is departing to form his own company, Checker Media, which will develop and fund original intellectual property and consult with companies on creative projects and products in the news, documentary and non-fiction space. Angelo’s departure follows that of Nancy Dubuc, who told staff on Feb. 24 that she would be stepping down from her position as CEO.
Bruce Dixon and Hozefa Lokhandwala have since been named as co-CEOs of Vice Media Group. The pair take over the role as Vice looks into strategic alternatives for the company, which could include a sale, in whole or in pieces, or further investment.
In an internal memo about Angelo’s departure, Dixon and Lokhandwala called this a “pivotal time” in media,...
Angelo, who has served in this position since 2019, is departing to form his own company, Checker Media, which will develop and fund original intellectual property and consult with companies on creative projects and products in the news, documentary and non-fiction space. Angelo’s departure follows that of Nancy Dubuc, who told staff on Feb. 24 that she would be stepping down from her position as CEO.
Bruce Dixon and Hozefa Lokhandwala have since been named as co-CEOs of Vice Media Group. The pair take over the role as Vice looks into strategic alternatives for the company, which could include a sale, in whole or in pieces, or further investment.
In an internal memo about Angelo’s departure, Dixon and Lokhandwala called this a “pivotal time” in media,...
- 3/1/2023
- by Caitlin Huston
- The Hollywood Reporter - Movie News
![Image](https://m.media-amazon.com/images/M/MV5BNjZlYzRhZTMtOGY2Zi00OTA1LWEyOTItZDVlMWJkNzJiMjBiXkEyXkFqcGdeQXVyMTE0MzQwMjgz._V1_QL75_UX500_CR0,0,500,281_.jpg)
Exclusive: Vice Distribution, the sales arm of Vice Media Group, has hired Elise Ching as Sales Director for Apac.
She’ll join this month and is charged with maximizing the value of the Vice brand in the Asia Pacific region, with a particular focus on diversifying revenue streams and striking innovative deals — with Vice particularly keen on Fast channels at the moment.
Ching is a former Discovery program sales exec, but left before it merged with Warner Bros. Before Discovery, she worked at Scripps Networks Interactive, Seven Network in Australia, Axn and MTV Asia.
The hires comes ahead of the Asia Television Forum where Vice is launching doc series Tales From the Territories, which is from the producers of wrestling doc Dark Side of the Ring and is in partnership with exec producers Dwayne Johnson and Dany Garcia. Also launching for buyers are true crime series Devoured and Sex Before The Internet.
She’ll join this month and is charged with maximizing the value of the Vice brand in the Asia Pacific region, with a particular focus on diversifying revenue streams and striking innovative deals — with Vice particularly keen on Fast channels at the moment.
Ching is a former Discovery program sales exec, but left before it merged with Warner Bros. Before Discovery, she worked at Scripps Networks Interactive, Seven Network in Australia, Axn and MTV Asia.
The hires comes ahead of the Asia Television Forum where Vice is launching doc series Tales From the Territories, which is from the producers of wrestling doc Dark Side of the Ring and is in partnership with exec producers Dwayne Johnson and Dany Garcia. Also launching for buyers are true crime series Devoured and Sex Before The Internet.
- 11/28/2022
- by Jesse Whittock
- Deadline Film + TV
![Image](https://m.media-amazon.com/images/M/MV5BNjZlYzRhZTMtOGY2Zi00OTA1LWEyOTItZDVlMWJkNzJiMjBiXkEyXkFqcGdeQXVyMTE0MzQwMjgz._V1_QL75_UX500_CR0,0,500,281_.jpg)
Vice Media has cut around a dozen editorial and news staff as part of its latest round of layoffs.
The youth-focused media company, which is behind series such as Showtime’s Vice, has laid off around 2 of its news staff, which incorporates people working in online news as well as its flagship Vice News brand.
The layoffs at Vice come as the broader entertainment business has been going through similar changes. Warner Bros. Discovery and NBCUniversal have made a number of cuts across its businesses and earlier this afternoon Disney was beginning “tough” and “uncomfortable” decisions around cutting back its approximately 190,000-employee base.
Vice’s cuts comes as part of a consolidation effort that started with promotion of Cory Haik from Chief Digital Officer to Chief Operating Officer, News and Entertainment.
Haik was promoted at the same time as Morgan Hertzan, who became President of Global TV, as well as re-upped contracts for President,...
The youth-focused media company, which is behind series such as Showtime’s Vice, has laid off around 2 of its news staff, which incorporates people working in online news as well as its flagship Vice News brand.
The layoffs at Vice come as the broader entertainment business has been going through similar changes. Warner Bros. Discovery and NBCUniversal have made a number of cuts across its businesses and earlier this afternoon Disney was beginning “tough” and “uncomfortable” decisions around cutting back its approximately 190,000-employee base.
Vice’s cuts comes as part of a consolidation effort that started with promotion of Cory Haik from Chief Digital Officer to Chief Operating Officer, News and Entertainment.
Haik was promoted at the same time as Morgan Hertzan, who became President of Global TV, as well as re-upped contracts for President,...
- 11/11/2022
- by Peter White
- Deadline Film + TV
![Image](https://m.media-amazon.com/images/M/MV5BMDc0ZjVhOTQtNWExZS00NjZiLWI1YzgtYWZlZTRmN2M1ZGY2XkEyXkFqcGdeQXVyMTE0MzQwMjgz._V1_QL75_UX500_CR0,20,500,281_.jpg)
Prime Video has released the official teaser trailer for the upcoming dark comedy-drama series “Mammals,” starring James Corden and Sally Hawkins. All six episodes will drop Nov. 11.
Directed by Stephanie Laing and written by Jez Butterworth, “Mammals” follows Jamie (Corden), a chef who discovers shocking secrets about his pregnant wife, Amandine (Melia Kreiling). Jamie searches for answers with the help of his brother-in-law Jeff (Colin Morgan), but stumbles upon cracks in Jeff’s marriage to Jamie’s sister Lue (Hawkins) along the way.
The series is produced by Street Hassle, in association with Vertigo Films and Fulwell 73. Watch the teaser below.
Also in today’s TV news:
Trailers
Apple TV+ has released the official trailer of the original preschool series “Slumberkins,” premiering globally on the streamer Nov. 4.
From The Jim Henson Company, the series follows the adventures of Bigfoot, Unicorn, Sloth, Yak and Fox as they empower the emotional...
Directed by Stephanie Laing and written by Jez Butterworth, “Mammals” follows Jamie (Corden), a chef who discovers shocking secrets about his pregnant wife, Amandine (Melia Kreiling). Jamie searches for answers with the help of his brother-in-law Jeff (Colin Morgan), but stumbles upon cracks in Jeff’s marriage to Jamie’s sister Lue (Hawkins) along the way.
The series is produced by Street Hassle, in association with Vertigo Films and Fulwell 73. Watch the teaser below.
Also in today’s TV news:
Trailers
Apple TV+ has released the official trailer of the original preschool series “Slumberkins,” premiering globally on the streamer Nov. 4.
From The Jim Henson Company, the series follows the adventures of Bigfoot, Unicorn, Sloth, Yak and Fox as they empower the emotional...
- 10/17/2022
- by Katie Reul, Michaela Zee and EJ Panaligan
- Variety Film + TV
![Image](https://m.media-amazon.com/images/M/MV5BNjZlYzRhZTMtOGY2Zi00OTA1LWEyOTItZDVlMWJkNzJiMjBiXkEyXkFqcGdeQXVyMTE0MzQwMjgz._V1_QL75_UX500_CR0,0,500,281_.jpg)
Morgan Hertzan and Cory Haik have been promoted at Vice Media as Jesse Angelo has re-upped his contract.
The company, which is behind series such as Dark Side of the Ring and Showtime’s Vice, has promoted Hertzan to President of Global TV with new oversight of the company’s international TV distribution business. He was previously EVP and Gm of Vice TV.
The distribution division was previously run by Kate Ward, who headed up Vice Studios, and recently departed to join the BBC. Additionally, Bea Hegedus has been upped from SVP of Global Distribution to Executive Managing Director, Distribution, reporting to Hertzan.
Haik has been promoted to Chief Operating Officer, News and Entertainment. She was previously Chief Digital Officer.
Hertzan and Haik report to Angelo, who has extended his contract as President, Global News and Entertainment. It comes on the back of a slew of award wins at the News and Documentary Emmys.
The company, which is behind series such as Dark Side of the Ring and Showtime’s Vice, has promoted Hertzan to President of Global TV with new oversight of the company’s international TV distribution business. He was previously EVP and Gm of Vice TV.
The distribution division was previously run by Kate Ward, who headed up Vice Studios, and recently departed to join the BBC. Additionally, Bea Hegedus has been upped from SVP of Global Distribution to Executive Managing Director, Distribution, reporting to Hertzan.
Haik has been promoted to Chief Operating Officer, News and Entertainment. She was previously Chief Digital Officer.
Hertzan and Haik report to Angelo, who has extended his contract as President, Global News and Entertainment. It comes on the back of a slew of award wins at the News and Documentary Emmys.
- 10/17/2022
- by Peter White
- Deadline Film + TV
![Image](https://m.media-amazon.com/images/M/MV5BNDgyNTA5NDYtYTRhYy00ZTU5LWJiOGUtODliYjNiNzM4NDAzXkEyXkFqcGdeQXVyMTE0MzQwMjgz._V1_QL75_UX140_CR0,0,140,140_.jpg)
![Image](https://m.media-amazon.com/images/M/MV5BNDgyNTA5NDYtYTRhYy00ZTU5LWJiOGUtODliYjNiNzM4NDAzXkEyXkFqcGdeQXVyMTE0MzQwMjgz._V1_QL75_UX140_CR0,0,140,140_.jpg)
Click here to read the full article.
Vice Media Group is holding on to its team of top executives.
The media company announced Monday that Jesse Angelo will continue as president of global news and entertainment, while Cory Haik, the company’s chief digital officer since 2019, has been promoted to chief operating officer for news and entertainment. Morgan Hertzan, who joined in 2019 as executive vice president and general manager of television at Vice TV, has been promoted to president of global TV. Haik and Hertzan will continue reporting to Angelo.
“I’m incredibly proud of Jesse, Cory and Morgan for all they’ve done to make Vice the leading youth culture brand around the world, leveraging new platforms to accelerate the growth of our business and breaking through with innovative and groundbreaking content that appeals to young consumers everywhere. They’re proven leaders with a profound understanding of Vice’s unique brand and audience,...
Vice Media Group is holding on to its team of top executives.
The media company announced Monday that Jesse Angelo will continue as president of global news and entertainment, while Cory Haik, the company’s chief digital officer since 2019, has been promoted to chief operating officer for news and entertainment. Morgan Hertzan, who joined in 2019 as executive vice president and general manager of television at Vice TV, has been promoted to president of global TV. Haik and Hertzan will continue reporting to Angelo.
“I’m incredibly proud of Jesse, Cory and Morgan for all they’ve done to make Vice the leading youth culture brand around the world, leveraging new platforms to accelerate the growth of our business and breaking through with innovative and groundbreaking content that appeals to young consumers everywhere. They’re proven leaders with a profound understanding of Vice’s unique brand and audience,...
- 10/17/2022
- by Caitlin Huston
- The Hollywood Reporter - Movie News
![Meghan McCain](https://m.media-amazon.com/images/M/MV5BMTUxOTU0MzU1MF5BMl5BanBnXkFtZTcwMjY5NTgwNQ@@._V1_QL75_UX140_CR0,1,140,207_.jpg)
![Meghan McCain](https://m.media-amazon.com/images/M/MV5BMTUxOTU0MzU1MF5BMl5BanBnXkFtZTcwMjY5NTgwNQ@@._V1_QL75_UX140_CR0,1,140,207_.jpg)
Vice has come under fire since tweeting a story Thursday about neo-Nazis who serve in the Marines — the same day officials announced that American service members were killed in an attack in Afghanistan. Vice’s tweet was deleted after criticism starting rolling in.
Three unrelated but relevant things happened Thursday: American service members were killed in an attack in Afghanistan, Vice laid off a little under 20 of its top editors and writers while heralding promotions, and Vice also tweeted its Marines.
While it was up, the tweet said, “While many vets are being outed as far-right extremist, one branch keeps popping up when it comes to neo-Nazis: the United States Marine Corps.” The Vice News account also tweeted the story Thursday, but that tweet has not been deleted.
At least 13 U.S. service members were killed in Thursday’s attack and at least 11 of them were Marines, so the backlash came quickly at Vice.
Three unrelated but relevant things happened Thursday: American service members were killed in an attack in Afghanistan, Vice laid off a little under 20 of its top editors and writers while heralding promotions, and Vice also tweeted its Marines.
While it was up, the tweet said, “While many vets are being outed as far-right extremist, one branch keeps popping up when it comes to neo-Nazis: the United States Marine Corps.” The Vice News account also tweeted the story Thursday, but that tweet has not been deleted.
At least 13 U.S. service members were killed in Thursday’s attack and at least 11 of them were Marines, so the backlash came quickly at Vice.
- 8/27/2021
- by Lindsey Ellefson
- The Wrap
![Image](https://m.media-amazon.com/images/M/MV5BNjE5NWJhOWYtMGJkYi00MTZhLWIwMGEtMjZlMDBjODM2MjMwXkEyXkFqcGdeQXVyMTE0MzQwMjgz._V1_QL75_UX500_CR0,0,500,281_.jpg)
Vice Media, which went through a round of major layoffs in May 2020, is shedding about 20 more positions as it prioritizes video over text in its editorial operations outside of Vice News.
The company’s digital group and Refinery29, which Vice acquired in 2019, are the divisions hit by the cuts, according to a person familiar with the restructuring. Vice News, which continues to invest in reporting across text and video, is unaffected. In all the number of departures represents less than 1% of the global editorial workforce.
In an internal memo obtained by Deadline (read it below), Chief Digital Officer Cory Haik touted Vice’s progress on YouTube views and also with the company’s efforts to expand globally. She announced a larger role for Cliff Gulibert, head of global Vice digital entertainment brands “across all formats and expressions.” Kate Lowenstein will now oversee the global text operation, reporting to Gulibert.
Toward the end of the memo,...
The company’s digital group and Refinery29, which Vice acquired in 2019, are the divisions hit by the cuts, according to a person familiar with the restructuring. Vice News, which continues to invest in reporting across text and video, is unaffected. In all the number of departures represents less than 1% of the global editorial workforce.
In an internal memo obtained by Deadline (read it below), Chief Digital Officer Cory Haik touted Vice’s progress on YouTube views and also with the company’s efforts to expand globally. She announced a larger role for Cliff Gulibert, head of global Vice digital entertainment brands “across all formats and expressions.” Kate Lowenstein will now oversee the global text operation, reporting to Gulibert.
Toward the end of the memo,...
- 8/26/2021
- by Dade Hayes
- Deadline Film + TV
![Image](https://m.media-amazon.com/images/M/MV5BNmZiYmYxNDctYWUzOC00NGUwLWJkMzYtNjIyZDdlMjc1YWRkXkEyXkFqcGdeQXVyMTE0MzQwMjgz._V1_QL75_UX500_CR0,0,500,281_.jpg)
Vice Media began another round of layoffs on Thursday, with cuts impacting fewer than 20 people at Vice Digital and Refinery29, an individual with knowledge of the matter told The Hollywood Reporter.
In a memo to staff obtained by THR, Vice Media’s chief digital officer, Cory Haik, attributed the layoffs to a “global alignment” happening across the company.
“We’ve unfortunately had to say goodbye to some of our friends and colleagues today,” Haik wrote. “We wish them well and thank them for their dedicated service over the years.”
The layoffs come as Vice has been undergoing a change ...
In a memo to staff obtained by THR, Vice Media’s chief digital officer, Cory Haik, attributed the layoffs to a “global alignment” happening across the company.
“We’ve unfortunately had to say goodbye to some of our friends and colleagues today,” Haik wrote. “We wish them well and thank them for their dedicated service over the years.”
The layoffs come as Vice has been undergoing a change ...
- 8/26/2021
- The Hollywood Reporter - Movie News
![Image](https://m.media-amazon.com/images/M/MV5BMmFkNjQxOTItOTlkMi00N2RjLWJmY2EtZTZlNmJhZjQ3ZTc2XkEyXkFqcGdeQXVyMTE0MzQwMjgz._V1_QL75_UX500_CR0,13,500,281_.jpg)
After co-founder and global editor-in-chief Christene Barberich resigned in June amid allegations of racist aggressions at Refinery29 -- including pay disparity, a lack of Black leadership, and microaggressions -- the Vice-owned, female-focused digital lifestyle brand has found its new editor.
Simone Oliver, a former New York Times editor and Facebook executive, will step into the role on Sept. 30, reporting to Vice’s chief digital officer Cory Haik, Variety reports. Refinery said that in her new role, Oliver will seek to foster an inclusive company culture, ensure that the publication’s internal teams reflect and inspire audiences, and provide coverage of issues that are pivotal to women, including reproductive rights, pay equity, social justice, wellness, and self-expression.
Oliver will oversee Refinery29 across all platforms -- including articles, social content, and video -- and will preside over all of its editorial teams in the U.S., London, and Berlin. She will also...
Simone Oliver, a former New York Times editor and Facebook executive, will step into the role on Sept. 30, reporting to Vice’s chief digital officer Cory Haik, Variety reports. Refinery said that in her new role, Oliver will seek to foster an inclusive company culture, ensure that the publication’s internal teams reflect and inspire audiences, and provide coverage of issues that are pivotal to women, including reproductive rights, pay equity, social justice, wellness, and self-expression.
Oliver will oversee Refinery29 across all platforms -- including articles, social content, and video -- and will preside over all of its editorial teams in the U.S., London, and Berlin. She will also...
- 9/9/2020
- by Geoff Weiss
- Tubefilter.com
![Image](https://m.media-amazon.com/images/M/MV5BNzM3ZjE5YzctZTVjMy00OWQ0LTgyM2UtMzg1YmNjZWIwYzE5XkEyXkFqcGdeQXVyMTE0MzQwMjgz._V1_QL75_UX500_CR0,0,500,281_.jpg)
Vice Media is laying off 55 U.S. staffers and about 100 more internationally as it faces uncertainty due to Covid-19.
The moves, which follow a 10% workforce reduction in early 2019, are the result of a need to shore up the company’s digital business, CEO Nancy Dubuc announced Friday in a memo to employees.
“The reality is that some tough decisions had to be made primarily around our digital teams,” Dubuc wrote in the memo, which was provided to Deadline. “Currently, our digital organization accounts for around 50% of our headcount costs, but only brings in about 21% of our revenue. Looking at our business holistically, this imbalance needed to be addressed for the long-term health of our company.”
Dubuc added that 90% of roles in the digital operation were preserved through various efforts and the group will now be overseen by Jesse Angelo, Amy Emmerich, Cory Haik, and Hosi Simon.
Departing employees in the U.
The moves, which follow a 10% workforce reduction in early 2019, are the result of a need to shore up the company’s digital business, CEO Nancy Dubuc announced Friday in a memo to employees.
“The reality is that some tough decisions had to be made primarily around our digital teams,” Dubuc wrote in the memo, which was provided to Deadline. “Currently, our digital organization accounts for around 50% of our headcount costs, but only brings in about 21% of our revenue. Looking at our business holistically, this imbalance needed to be addressed for the long-term health of our company.”
Dubuc added that 90% of roles in the digital operation were preserved through various efforts and the group will now be overseen by Jesse Angelo, Amy Emmerich, Cory Haik, and Hosi Simon.
Departing employees in the U.
- 5/15/2020
- by Dade Hayes
- Deadline Film + TV
imdb.1eye.us, Inc. takes no responsibility for the content or accuracy of the above news articles, Tweets, or blog posts. This content is published for the entertainment of our users only. The news articles, Tweets, and blog posts do not represent IMDb's opinions nor can we guarantee that the reporting therein is completely factual. Please visit the source responsible for the item in question to report any concerns you may have regarding content or accuracy.