We’ve received a tip from an anonymous source (and other media sources confirm) that MGM’s entire digital department has been laid off today, likely as part of the company’s post-bankruptcy restructuring.
Previously, the studio laid off around 50 employees in December 2010; and prior to that, the studio had to halt production of several slated motion pictures, including two new James Bond flicks and a Robocop remake, until its debts could be somewhat resolved.
The studio also saw a change-up in leadership around that time. As MGM emerged from bankruptcy on December 20, 2010, Spyglass Entertainment partners Gary Barber and Roger Birnbaum became the company’s new co-CEOs. As of December 23, 2010, ex-Pixar CFO Ann Mather became the new board of directors head, and producer Jonathan Glic kman became the studio’s new film president just a couple weeks ago.
It’s unknown exactly how many jobs were lost or exactly what the digital department comprised — we’re hoping it won’t affect the studio’s forward-looking YouTube work, which included the posting of full-length feature films on YouTube, all free of charge and without commercial interruption.
In happier news, the studio is moving back into production on a slate of films that will include, among other titles, a reboot of the 1980s classic Robocop. Stay tuned for more on that surely epic remake.
More About: bankruptcy, digital, Film, layoffs, media, MGM, robocop, studio
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