Amazon to Consolidate Amazon Studios and MGM Teams Following Layoffs
In a memo to staff, studio head Jen Salke says the company will continue to make significant content investments and deliver a robust slate.
The recent mass layoffs across Amazon Prime Video and MGM Studios are part of a plan to consolidate the two divisions. A memo to staff from head of Amazon Studio Jen Salke was released on Wednesday, confirming the news. Salke emphasized the importance of operational efficiency and coordination across the business while maintaining their commitment to content investment.
As part of the consolidation efforts, roles have been lost across the Amazon MGM Studios teams, including in studio marketing, business operations, and Amazon MGM Studios Distribution teams. This move aims to streamline operations and allow for a unified approach to content release strategies.
Kevin Wilson will continue to lead the consolidated division, now known as the Amazon MGM Studios Theatrical Distribution team. Salke expressed optimism about the long-term future of Amazon MGM Studios and mentioned ongoing investments to make Prime the top entertainment hub for customers worldwide.
Affected employees in the Americas have already been notified of their layoffs, while those in other regions can expect to receive notifications by the end of the week, depending on local processes.
Change is never easy, and decisions to let go of valued employees are taken seriously. However, Amazon remains committed to the growth and success of Amazon MGM Studios. Salke’s memo provides reassurance that the company is focused on maintaining their position within the global entertainment industry.
In summary, Amazon’s decision to consolidate Amazon Studios and MGM Studios is part of a larger strategy to improve operational efficiency and align content release strategies. The layoffs across both divisions aim to streamline operations and create a more coordinated approach to producing and distributing content. While the changes may be challenging, Amazon remains confident in the future of Amazon MGM Studios and continues to invest in the long-term success of their entertainment offerings.
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