EXCLUSIVE: The company that cuts a lot of Hollywood’s residual checks cut dozens and dozens of employees this week.
Entertainment Partners laid off around 70 people in the past week, I hear. Hit by the economic downturn battering the entire industry due to the lack of a deal between the studios and striking guilds, the Mark Goldstein-led EP could be looking at even more layoffs down the line, sources says. “The way things are it’s dead out there for the company right now,” an insider tells Deadline.
Contacted by Deadline over the job cuts, Entertainment Partners did not respond to request for comment. If and when they do, this post will be updated.
Based in Burbank, and with offices in NYC, Vancouver, Toronto, Atlanta, San Juan, New Orleans, Las Cruces, New Mexico and Altrincham in the UK, it is unclear right now if the EP pink slipping was concentrated in LA County or spread out across the nation and globe.Read more on deadline.com