• CBS Films to Fold Into CBS Entertainment Group

    6 monthes ago - By The Wrap

    CBS Films will be folded into CBS Entertainment Group over the course of 2019, the company said on Friday.
    An individual with knowledge of the situation told TheWrap that there are expected to be layoffs beginning as early as March, and that the company will continue to finish the movies that are currently shooting or that are currently in production, while at the same time pivoting the development slate towards the streaming platforms.
    The individual also told TheWrap that the move is a response to the shifting market place.
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  • CBS Films to Fold Into CBS Entertainment Group

    6 monthes ago - By The Wrap

    CBS Films will be folded into CBS Entertainment Group over the course of 2019, the company said on Friday.
    An individual with knowledge of the situation told TheWrap that there are expected to be layoffs beginning as early as March.
    “As part of our ongoing optimization of CBS operations, CBS Films will be folded into the larger CBS Entertainment Group over the course of 2019,” the company said in a statement. “This will allow the company to further focus its entertainment resources on its television, digital and streaming businesses. Prior to shifting its focus to streaming-centered...
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  • CBS Films To Become Part Of CBS Entertainment Group

    6 monthes ago - By Deadline

    EXCLUSIVE : CBS Films will become part of the CBS Entertainment Group, sources said. There will be some layoffs as a result, as the label focus on streaming-centric content. This has been in discussion stage for awhile, a result of the shifting dynamics of the independent arthouse space, and trying to survive when you are not making tent poles.
    CBS Films launched in 2007 and in recent years its biggest films get released through Lionsgate, which today also consolidated and...
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