Variety garnered a record 96 nominations for the SoCal Journalism awards sponsored by the Los Angeles Press Club, with nods across magazine and entertainment journalism, art and photography, video, audio, online content and social media during the 2022 calendar year. Among the nominations announced Friday were Tim Gray for print…
Layoffs
Disney Entertainment has reshuffled roles and oversight among some comms and PR execs amid the second round of layoffs companywide this year. In addition to this week’s changes, Variety has confirmed that since February, Shari Rosenblum has led publicity, talent relations and events across 20th Television, 20th Animation and ABC…
Clubhouse is making a major reboot: The once-buzzy audio-livestreaming social app is laying off more than half its staff in what founders say is a necessary strategy pivot. Clubhouse founders Paul Davison and Rohan Seth announced the layoffs in a memo to employees Thursday. “We arrived at this conclusion reluctantly,…
Meta, parent of Facebook and Instagram, turned in better-than-expected earnings for the first quarter of 2023 — even as net income dropped sharply on a year-over-year basis. Overall, the company reported revenue of $28.65 billion, up 3% from the year prior, and net income of $5.7 billion (or $2.20 per…
FiveThirtyEight founder Nate Silver is exiting ABC News as The Walt Disney Company ramps up layoffs, Variety has confirmed. ABC News will hold onto the FiveThirtyEight brand with plans to streamline the statistics-driven news and analysis site. The network plans to create a more efficient structure for FiveThirtyEight leading into…
Spotify packed on more users than it expected in Q1 but revenue fell short of its guidance, which the company blamed on headwinds in its advertising business. For the first quarter of 2023, the company said total monthly active users (free and paid) grew by 22% year-over-year to 515 million…
Paradigm Talent Agency has named 14 new partners as the firm seeks to rebuild its stature in Hollywood. Paradigm went through transformative struggles during the pandemic period that led to the company selling off its lucrative music and touring division to Casey Wasserman’s enterprise. In addition to cleaving off its…
In a months-long goal to reach 7,000 job cuts total, Disney will begin its second round of layoffs of the year today. The notifications will be handed out to staff through Thursday, concluding with approximately 4,000 job eliminations completed overall by week’s end, according to company officials. While the Disney…
Brian Mariotti, CEO of Funko, posted a message to fans of Mondo, the high-end collectibles company it acquired last year, after Mondo was hit with layoffs. As part of Funko’s 10% job cuts across the company, Mondo co-founders Mitch Putnam and Rob Jones as well as senior creative director Eric…
If nothing else, $44 billion has bought Twitter power-user Elon Musk status as the No. 1 most-followed account on the social network. As of Thursday morning, Musk had 133.088 million users — up more than 20% since he closed the Twitter deal last October. That pushed the billionaire ahead of…
Roku is handing out pink slips again and exiting some office space as the streaming platform company takes additional steps to rein in costs. The company said Thursday it will lay off about 200 employees, or 6% of the company’s remaining workforce. In addition, Roku said, it will exit and…
Paramount Global is unveiling today a corporate image campaign that builds on the sentiment of a popular self-help affirmation: You are loved, and you are enough. Just in time for media upfront season, the company’s “Popular is Paramount” marketing push is designed to burnish its image within Hollywood and on…