By Brent Lang Executive Editor of Film and Media Imagine Entertainment has furloughed less than 20 people and laid off a handful of employees, Variety has learned.
The cuts come as the film and television production company behind “Empire” and “A Beautiful Mind” is grappling with the impact of coronavirus on the entertainment landscape.
COVID-19 has shut down production and closed most movie theaters, which, in turn, has put pressure on companies’ revenue streams and profits.
The hope is that many of the furloughed employees will be able to return to work once production resumes. Imagine is hardly alone in reducing staff.
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