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Alcon Entertainment said today there will be layoffs as part of a restructuring of the production and finance company. The new comes after its big tentpole effort Blade Runner 2049 underperformed at the box office, as did the Owen Wilson-Ed Helms comedy Father Figures.
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Pair - Layoffs - Adjustments - Pace - Industry
The pair did not say how many layoffs were expected, but they were “confident that the adjustments we are making will enable us to keep pace with our industry’s newest opportunities.” They cited IP including expanding the Blade Runner universe and a new animated Garfield movie among upcoming projects. It has an output deal with Warner Bros.
The company did not return calls seeking comment.
Alcon - Decade - Artists - Creation - Content
“We look forward to Alcon’s third decade of supporting artists in the creation of content not only for the theatrical marketplace, but also for the linear, and the quickly emerging digital platforms,” they said. “We fully expect our company to thrive with our upcoming IP, including the expansion of the Blade Runner universe,...
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